[et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” max_width=”1080px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured a EUR 4.1 million equity funding by EU\u2019s innovation organization, the European Innovation Council (EIC) Fund.<\/strong><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]European small- and medium-sized enterprises (SMEs) are forced to pay up to 60% for working capital, which is negatively impacting the possibility for growth and their competitiveness. This is what Invoier has set out to change by providing a marketplace where SMEs convert invoices into working capital. The marketplace is built on a unique AI-based risk assessment method, making it possible for professional investors to enter a new asset class and bid in real time. The aim is to change the behaviour and challenge the EUR 3,000 billion factoring market by creating a fair and transparent marketplace through technological innovation..[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”-50px||||false|false” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/invoier.com\/wp-content\/uploads\/invoier-founder.jpg” alt=”Founders Invoier, fintech startup” title_text=”Founders Invoier” align=”center” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_class=”inv-pressQuote-wrapper” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”inv-quotes-press” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n St\u00e9phane Ouaki, Head of the European Innovation Council (EIC) department and Chair of the Investment Committee of the EIC Fund, says: \u201cI am glad to announce the EIC Fund support to this disruptive company aiming at creating new strategies to improve SMEs competitiveness. Thanks to a cutting-edge tool, Invoier enables a more focused and accurate risk assessment.\u201d[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” max_width=”1080px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]The parties will jointly address the European market and successively continue the expansion towards a fair and transparent global factoring spot market, based on advanced risk prediction. The ambition is to empower European SMEs, making them more competitive, improving their possibilities to grow and in turn providing new job opportunities.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_class=”inv-pressQuote-wrapper” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”inv-quotes-press” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Small and medium-sized enterprises are the core of the European economy, constituting more than 25 million companies and accounting for over two-thirds of the workforce. Making sure these companies have fair opportunities affects millions of people and we are more than pleased to have the opportunity to contribute in this way, says Fredrik Mistander, CEO and Co-founder, Invoier.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” max_width=”1080px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]The EIC Fund investment comes in addition to the grant funding. Invoier was indeed previously funded by the EIC Accelerator programme, which identifies and supports breakthrough technologies and innovation in startups and SMEs, as one of 8 Swedish companies selected for blended finance. EIC Fund investments are preceded by a rigorous evaluation by external experts, a due diligence process overseen by the EIC Fund Investment Committee and a final decision by the EIC Fund Board of Directors.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” max_width=”1080px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]The founding partners at Invoier have a strong background in financial services, tech and startups and consists of Fredrik Mistander, serial entrepreneur with a background in tech, Anders R\u00e5ge, previously vice-President at Nordnet and Fredrik Severin, experienced in VC\/PE investments and fund management.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” max_width=”1080px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Established in June 2020, the European Innovation Council Fund (EIC Fund) is a breakthrough initiative of the European Commission to make direct equity and quasi-equity investments (between \u20ac500.000 and \u20ac15 million) in European high impact, deep tech start-ups and scale ups. The EIC Fund provides patient capital and invests in companies from any sector, across all EU countries and countries associated with Horizon 2020. [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px|||||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” max_width=”1080px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.23.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n Invoier has developed Sweden\u2019s only real time marketplace for invoices. The purpose is to enable better conditions for financing and growth of small- and medium-sized companies, as well as opening up the market for a new asset class for investors. The technical foundation of the offer consists of a unique AI-engine risk assessment method. Invoier started in 2020 in Stockholm and has been financed by the EU and KTH, acting under the permission of Finansinspektionen, Sweden\u2019s financial supervisory authority. Read more about Invoier >><\/a><\/strong><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_class=”inv-contactPerson” _builder_version=”4.16″ _module_preset=”default” locked=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”inv-centerHeading” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row make_equal=”on” module_class=”inv-contact-wrapper” _builder_version=”4.16″ _module_preset=”default” max_width=”600px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_team_member name=”Fredrik Mistander” position=”CO-FOUNDER – CEO” image_url=”https:\/\/invoier.com\/wp-content\/uploads\/fredrik-cd.png” module_class=”inv-contact-person” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_team_member][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”||0px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/invoier.com\/wp-content\/uploads\/invoier-founder.jpg” alt=”Founders Invoiers” title_text=”Founders Invoier” url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9hdHRhY2htZW50Iiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjIzOTI3NiJ9fQ==@” url_new_window=”on” use_overlay=”on” hover_icon=”||divi||400″ src_last_edited=”off|desktop” module_class=”inv-download” _builder_version=”4.16″ _dynamic_attributes=”url” _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/invoier.com\/wp-content\/uploads\/onChair-scaled.jpg” alt=”Fredrik Mistander” title_text=”onChair” url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9hdHRhY2htZW50Iiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjI0MzU2MiJ9fQ==@” use_overlay=”on” hover_icon=”||divi||400″ force_fullwidth=”on” module_class=”inv-download” _builder_version=”4.16″ _dynamic_attributes=”url” _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/invoier.com\/wp-content\/uploads\/SO.png” alt=”St\u00e9phane Ouaki” title_text=”St\u00e9phane Ouaki” url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9hdHRhY2htZW50Iiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjIzOTYzMSJ9fQ==@” url_new_window=”on” use_overlay=”on” hover_icon=”||divi||400″ module_class=”inv-download” _builder_version=”4.16″ _dynamic_attributes=”url” _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/invoier.com\/wp-content\/uploads\/EICFund-Logo-PANTONE-Colour.jpg” alt=”EIC logo” title_text=”EIC Fund logo” url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9hdHRhY2htZW50Iiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjIzOTU3MSJ9fQ==@” use_overlay=”on” hover_icon=”||divi||400″ module_class=”inv-download” _builder_version=”4.16″ _dynamic_attributes=”url” _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/invoier.com\/wp-content\/uploads\/2020\/09\/invoier.png” alt=”Invoier logo” title_text=”Invoier logo” url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9hdHRhY2htZW50Iiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjYyNiJ9fQ==@” use_overlay=”on” hover_icon=”||divi||400″ module_class=”inv-download” _builder_version=”4.16″ _dynamic_attributes=”url” _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured a EUR 4.1 million equity funding by EU\u2019s innovation organization, the European Innovation Council (EIC) Fund.European small- and medium-sized enterprises (SMEs) are forced to pay up to 60% for working capital, which is negatively impacting […]<\/p>\n","protected":false},"author":7,"featured_media":239276,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"2880","footnotes":""},"categories":[57,56],"tags":[],"class_list":["post-239540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-press-release"],"yoast_head":"\nAbout the EIC Fund:<\/h4>\n
The EIC Fund aims to fill a critical financing gap and its main purpose is not to maximise financial investment returns, but to have a high impact by accompanying companies with disruptive technologies in their growth. Its objective is to crowd in market players, further sharing risks by building a large network of capital providers and strategic partners suitable for co-investments and follow-on funding. The Fund pays particular attention to empower and support female founders as well as contributing to reducing the innovation divide among EU countries. Read more about EIC >><\/a><\/strong><\/p>\nAbout Invoier:<\/h4>\n
F\u00f6r mer information<\/h2>\n
fredrik.mistander@invoier.com<\/a><\/div>\nPress images<\/h2>\n
Founders Invoier<\/h5>\n
Fredrik Mistander, Invoier<\/h5>\n
St\u00e9phane Ouaki, EIC Fund<\/h5>\n
EIC Fund logo<\/h5>\n
Invoier logo<\/h5>\n