BTrust, a real-time factoring auction platform for SMEs, recently secured funding from a group of angel investors. The company, founded in 2023, allows small businesses to sell invoices directly to end buyers, reducing interest rates significantly compared to traditional options.
CEO and partner at Invexor, Jorge Rodríguez, expressed excitement about collaborating with BTrust, emphasizing its positive impact on the national economy and SMEs. With this new funding, BTrust plans to expand its operations and improve its AI solution, which detects potential invoice fraud through the identification of anomalous behaviors.
Since its establishment, BTrust has processed .5 million monthly, totaling over million in transactions. The platform serves hundreds of SME users and facilitates invoice transactions for 350 large companies. This new investment will enable BTrust to further grow its market presence and enhance its services for its expanding user base.
