Btrust is a Chilean fintech founded in 2023 that operates a real-time factoring auction platform enabling SMEs to sell invoices directly to end buyers. The platform claims to reduce interest rates by about 75% versus traditional financing options. Btrust incorporates an AI solution designed to prevent invoice fraud by detecting and alerting on anomalous behaviors. The company processes roughly $3.5 million monthly and has transacted over $30 million since inception, serving several hundred SME users and handling invoices for 350 large companies. With recent funding, Btrust plans to expand its operations and further develop its AI fraud-detection capabilities.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

May 2024