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AREX Markets
Bankable provides licensable, customizable lending and payment infrastructure for lenders and FinTechs to enable them to bridge the gap between lending and capital deployment to SMEs. Their core…
AREX Markets
Bankable provides licensable, customizable lending and payment infrastructure for lenders and FinTechs to enable them to bridge the gap between lending and capital deployment to SMEs. Their core…
TL;DR
Core product: Automated invoice/receivables trading platform for SME financing
Founded: 2014
Notable investors: LocalGlobe; Mosaic Ventures
Exit activity: Acquired by Bankable
Company Overview
Problem Domain
SME working capital / invoice financing
Founded
2014
Industry
Fintech; Invoice financing / Receivables trading
Funding Track Record
€3,000,000
Reported backing of €3M (TechCrunch, Nov 2016)
Series A listed with lead investors LocalGlobe and Mosaic Ventures (amount obfuscated in public profile)
Profile records acquisition by Bankable
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