FTRANS offers accounts receivable and credit management solutions that manage the entire receivables and collections process, enabling businesses to focus on operations and growth. The company also positions banks to transform clients' accounts receivable into lower-risk, monitored, lendable collateral. By doing so, FTRANS aims to increase business and commercial lending, strengthen bank balance sheets and boost bank profits. The recent financing is intended to support the company’s expansion and growth efforts. The article does not disclose revenue or other operating metrics. The company was referenced in a FinSMEs report dated May 27, 2010.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

May 2010