Factorin is the leading blockchain-powered trade finance platform
Business Model:
Revenue: $0
Employees: 11-50
Factorin was acquired by
Mobile TeleSystems OJSC.
The acquisition happend on 2021-07-30.
Details of the transaction were not public
Address: Bolshoi Savvinsky per., 8, p. 1 St.
City: Moscow
State: moscow (city)
Zip: 119435
Country: RU
As of 9th October 2020 Factorin has passed the US $1 billion benchmark providing financing for nearly 600k invoices and supplies. With its 55 mainnet nodes, 35 active banks, over 600 companies, and 1.2 million transactions Factorin is among the world’s leading decentralized platforms. The platform eliminates manual steps in data and document exchange between business parties ensuring supreme level of security and confidentiality. Factorin automated trade finance as well as AML, KYC, and scoring and greatly reduced process cost and time and minimized risks of fraud and human errors. Key metrics at https://factorin.io/en
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2021 | Venture Round | 1 | $11.8M |
MTS Systems MTS Systems |
8/2021 | Corporate Round | $23M |
MTS |
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Announced Date | Name | Price |
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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