In the current scenario, Banks struggle to understand business risk, and hence they hedge this risk by taking double security. As for Factoring houses, they exploit business risk by charging higher interest rates because the risk is not clearly understood. This is where fintech startup Facevalue looks to make a difference.
The Netherlands-based startup provides working capital solutions and specialises in global Accounts Receivable and Payable Finance. The platform utilises demand-based economies of scale and leverages collaboration with large user communities.