BTrust secured $1.5m in seed funding led by Invexor to enhance its AI solution and expand operations.

May 20, 2024•about 1 year ago

Amount Raised

$1.5 Million

Round Type

seed

Las Condes SantiagoLogisticsFintechSaasE Commerce

Investors

Three Other Angel InvestorsInvexor

Description

Chilean FinTech company BTrust has successfully raised $1.5m in a seed round led by Invexor. The funding will be used to expand its operations and enhance its AI solution to prevent invoice fraud by detecting and alerting on anomalous behaviors.

Company Information

Company

BTrust

Location

Las Condes Santiago, Santiago Metropolitan Region, Chile

About

btrust.finance is a SaaS company that provides Supply Chain Finance solutions for corporates and their suppliers (with a positive and measurable impact on ESG indicators). We create a digital ecosystem where companies can optimize their cash flow and working capital through their invoices, accessing a competitive investment funds network to fund early payments. Our simple, fast and digital experience lead us to reach the entire supplier base improving its financial health having a positive impact on the ESG metrics.

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