Instant Factoring, the Romanian fintech that won the award for the best factoring platform in Central and Eastern Europe

Instant Factoring has won the award for the best digital factoring platform in Central and Eastern Europe for the second consecutive year, presented by the SME Banking Club Europe.

Instant Factoring won the award for best factoring platform in the non-bank financial institution category, sharing the honor with Monevia, a digital factoring solution from Poland. This serves as further confirmation that the solution offered by the Romanian fintech is the right choice for SMEs in need of an alternative source of financing.

Instant Factoring sees a 55% increase in clients in 2022

The Romanian micro-financing fintech for small and medium-sized enterprises closes the year with significant growth, successfully financing 55% more clients in 2022 compared to 2021.

“In 2022, Instant Factoring once again achieved what it set out to do from the very beginning: to be a constant support for entrepreneurs in Romania. Especially now, as we navigate a period of economic uncertainty, it is important to provide all the necessary support to SMEs so that entrepreneurs can focus on what is truly important: protecting and growing their business,” said Cristian Ionescu, CEO of Instant Factoring.

In 2022, Instant Factoring provided over 37 million euros in financing, marking a 25% increase over the previous year.

“Over 1,100 clients turned to the expertise of the Instant Factoring team in 2022 and received approximately 37 million euros in financing. In 2023, we will continue our mission to help Romanian businesses survive and thrive in the current economic landscape,” added Cristian Ionescu.

➡️ Read the full article on start-up.ro: https://start-up.ro/instant-factoring-cea-mai-buna-platforma-de-factoring-din-europa-centrala-est/

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