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

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Series ASeries AJul 2021
$9.8M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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