InvoiceFinance offers credit lines and same-day advances on outstanding invoices so companies can access cash when banks cannot help. The service advances invoice value on the same day they are sent. It charges a 1% transaction fee on the value of each financed invoice. CEO Sven van der Biezen says the product helps firms pay staff, bills, and VAT without waiting for invoice payments. Peak Capital’s Johan van Mil highlighted the product’s role in letting companies focus on growth. The new funds will be invested in marketing and hiring for the sales and development teams. Invoice Finance is a fintech startup based in 's-Hertogenbosch, the Netherlands, co‑founded in 2015 by Sven van der Biezen (CEO) and Marijn van Aerle. The company operates an online marketplace that allows freelancers and small and medium-sized enterprises to obtain financing on their outstanding invoices from professional investors. The platform is available to everyone with no sector exclusion. In June 2016 Invoice Finance raised €3.4m in venture capital funding. The company intends to use the funds to hire new people and continue to expand operations. The raise supports its core marketplace growth and operational scale-up plans.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2017