Romanian invoice finance fintech receives EUR 1.5m funds to expand activity


Instant Factoring, the first Romanian company for SMEs online invoice finance, has received a financing of €1.5m from an investment fund in the US.

The new funds, together with the company’s equity, will support the expansion of its activity on the Romanian market by developing microfinancing operations for a volume of invoices totaling up to €20m in 2019. External financing accessed by Instant Factoring will support the expansion of the company in other markets in Central and Eastern Europe.



All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.