Invexor Leads $1.5M Capital Raise in Chilean Fintech BTrust •
Three other angel investors also participated in this funding. Founded in 2023, BTrust offers a real-time factoring auction platform, enabling SMEs to sell invoices directly to end buyers, reducing interest rates by 75% compared to traditional options.
Jorge Rodríguez, CEO and partner at Invexor, expressed enthusiasm about joining BTrust, highlighting its significant contributions to the national economy and SMEs. With this funding, BTrust aims to expand its operations and enhance its AI solution, which prevents invoice fraud by detecting and alerting on anomalous behaviors.
BTrust currently processes $3.5 million monthly, totaling over $30 million since its inception last year. The platform has several hundred SME users and transacts invoices for 350 large companies.
