NFT Ventures partners with the European Innovation Council Fund (EIC Fund) by completing the funding of the fintech innovator Invoier – provider of a global, online, real-time, AI-based spot market for factoring.
In order to relieve the European credit crunch, Invoier has set out on a mission to provide better financial conditions for small and mid-sized companies. First out the company has built and established a competitive marketplace for fair and transparent trading of invoices, challenging the EUR 3,000 billion European factoring market.
The Stockholm-based investment company NFT Ventures specializes in identifying fintech innovations and, at an early stage, invests in high tech, disruptive and scalable businesses transforming the banking industry.
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The information was submitted for publication, through the agency of the contact persons above, on February 3, 2022, at 8:00 am CET.
About NFT Ventures:
We empower entrepreneurs and drive the fintech disruption. Our primary focus is on fintech, and we are active across Northern European markets. Through our partnership network, we help entrepreneurs to grow locally and expand further. Further information is available at www.nftventures.com.
About the EIC Fund:
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 €500.000 and €15 million) in European high impact and deep tech start-ups and scale ups. With a long-term perspective, the EIC Fund invests in companies from any sector, across all EU member states as well as in associated countries.
The EIC Fund aims to fill a critical financing gap and its main purpose is to support companies in the development and commercialization of disruptive technologies. This is achieved by crowding-in market players, and further sharing risk 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 the empowerment and support of female founders as well as the ambition to reduce the innovation divide among EU countries. Read more about EIC >>