Factris is an Amsterdam fintech focused on invoice financing for small and medium-sized enterprises. The company announced a €100M funding facility. The facility was arranged through a partnership with Brand New Day Bank. The financing is intended to provide invoice financing to SMEs across Europe. The announcement was reported by Silicon Canals. The article did not disclose additional financial metrics or prior funding details. Factris is an Amsterdam-based fintech that supports European SMEs with invoice financing, debt management, and insurance to provide working capital. Since 2017 the company has developed proprietary technology including the FAB (Finance Automation for Business) platform and an AI-powered risk management system to streamline access to finance. Led by CEO Brian Reaves, Factris reached the milestone of financing €1 billion in invoices in Q1 2023. The company secured a €50 million funding line from Aegon Asset Management. With the additional line, Factris plans to expand SME financing services into Estonia in Q2 2023 and increase funding availability in existing EU markets including the Netherlands, Belgium, Poland, Lithuania and Latvia. Factris is an Amsterdam-based fintech that purchases unpaid invoices from businesses to provide instant capital to SMEs. Led by CEO Brian Reaves, the company leverages its FAB technology platform and deep receivables management know-how combined with partners' local knowledge. Factris aims to provide low-cost working capital to small and medium-sized enterprises through these services. The company is onboarding other factoring firms to act as brokers or partners, extending its financing impact across the EU. It closed a €5M Series A equity round and will use the funds to continue expanding operations and its business reach.

Total raised

$178M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Sep 2025