Chilean fintech BTrust raised a $1.5M seed round led by Invexor, with participation from three other angel investors.
BTrust will use the funds to expand operations and improve fraud detection by identifying and alerting invoice anomalies.
BTrust is a SaaS-enabled factoring marketplace that allows SMEs to sell their invoices receivable to an investment fund network optimizing their cash flow and working capital.
Founded in 2023, BTrust serves over 350 large companies and processes $3.5M monthly.
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