- bySara Delgado
- May 23, 2024
- No comments
- 1 minute read
Chilean fintech BTrust raised a $1.5M seed round led by Invexor, with participation from three other angel investors.
BTrust will use the funds to expand operations and improve fraud detection by identifying and alerting invoice anomalies.
BTrust is a SaaS-enabled factoring marketplace that allows SMEs to sell their invoices receivable to an investment fund network optimizing their cash flow and working capital.
Founded in 2023, BTrust serves over 350 large companies and processes $3.5M monthly.
Read more on Fintech Global
Sara Delgado
Sara is a Public Policy Strategist with a proven track record in communications and media strategies. She excels in aligning multi-stakeholder interests and analyzing key policy changes. Spearheading technological advancements and policy shifts, Sara collaborates with thought leaders and top-tier media outlets.
You May Also Like
Mercadoni Raises $9M Series A from Brazil’s Movile
- bySophia Wood
- January 3, 2018
Movile, the Brazilian mobile application giant with more than 120M monthly users invested $9M into Colombian delivery company…
Wayra Chile Invests $500K into Three Chilean Startups
- bySophia Wood
- February 8, 2018
Wayra, the investment arm of Telefonica and Movistar, the Spanish telecom giant, announced that they’d invested a total…
Chilean construction startup Ipsum raises US$1M round, led by Cemex
- bySophia Wood
- January 10, 2018
IPSUM is streamlining construction projects across Latin America. In a story originally reported by El Mercurio, this Chilean startup,…