AREX
Driving Interest Rates Down & Impact Up
Helsinki, Finland · Founded 2017 · $13.1M raised
- Headquarters
- Helsinki
- Employees
- 11–50
- Founded
- 2017
- Business Model
- B2B
- Website
- arex.io
- Total Funding
- $13.1M
- Last Round
- $9.8M Series AJul 2021
- Rounds
- 2
About
Data-driven fintech company aiming to bridge capital market liquidity and SME cashflow needs. AREX operates an automated receivables exchange platform where SME invoices are converted into tradable assets called Exchange Traded Receivables (ETRs). ETRs are sold on an open market where investors use automated trading bots to purchase them, typically filled within seconds. The company works exclusively with accounting partners to provide accurate financial pictures of borrowing firms and their debtors.
Summary
AREX is a Fintech company based in Helsinki, Finland, founded in 2017. It has raised $13.1M in total across 2 rounds, most recently a $9.8M Series A round in Jul 2021. Investors include LocalGlobe, Lifeline Ventures and Mosaic Capital Partners.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Jul 2021
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Investors
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