Amsterdam-based fintech Factris secures €100M funding facility

Published on 18 September 2025 at 11:41

Amsterdam’s fintech company Factris has struck a major funding deal with Brand New Day Bank to expand invoice financing solutions for small and medium-sized enterprises (SMEs) across Europe.

€100M facility to power SME factoring

Factris, a European leader in SME financing that uses invoices as collateral, has launched a €100 million funding facility in partnership with the Dutch neo-bank. The facility will enable Factris to scale up its invoice factoring operations and help SMEs unlock working capital to manage growth.

Under the agreement, Factris, which is headquartered in Amsterdam with operational hubs in the Netherlands and Lithuania, will support sellers in nine countries and manage receivables from debtors in 27 European markets.

This new facility is a testament to the trust and confidence Brand New Day Bank has placed in Factris and our vision for SME financing. As we continue to scale across Europe, this partnership ensures we can meet the increasing demand for alternative financing and provide SMEs with the liquidity they need to thrive.

Brian Reaves, CEO of Factris

Brand New Day Bank is a Dutch neo-bank specialising in pension savings and investment solutions. By partnering with Factris, the bank is extending its support to Europe’s SME sector while strengthening its risk management operations and promoting financial inclusion.

Amsterdam’s fintech edge

Amsterdam has emerged as one of Europe’s fastest-growing fintech hubs, attracting both start-ups and established players in payments, lending and investment. Factris joins established fintech companies such as bunq, Mollie and Backbase, all of which call Amsterdam home.

According to data from the Amsterdam Fintech Institute, the city hosts over 600 fintech firms and has become a preferred base for scaling European operations due to its regulatory environment, skilled workforce and connectivity to EU markets.