Company typeBillie helps small businesses get access to working capital by allowing them to finance against open invoices.
OverviewBillie is a Berlin-based fintech startup that helps small businesses get access to working captial through invoice financing. Their service allows SMEs and freelancers the opportunity to pre-finance their invoices by purchasing all liabilities from third parties and settling the outstanding amount. Their platform leverages big data analytics and fully automated processes to facilitate the financing process. The company banks on its strong partnership with Wirecard bank and the founders’ strong expertise in the online lending space. The founding team has previously founded and grown online lending platform Zencap which was acquired by Funding Circle in 2015.
Investment activity statusActive investor