Garantiz

Garantiz is a financial technology company that specializes in providing invoice financing solutions to small and medium-sized enterprises (SMEs) in Europe. The company was founded in 2014 and is headquartered in Berlin, Germany. Garantiz operates on a platform that connects SMEs with investors, allowing businesses to access working capital by selling their invoices at a discount.

The process typically involves SMEs uploading their invoices to the Garantiz platform, where they are then assessed for creditworthiness. If approved, the invoices are sold to investors in return for a percentage of the invoice value upfront. The remaining amount is paid to the SME once the invoice is settled, minus any fees and interest.

Garantiz aims to streamline the invoice financing process, making it faster and more efficient than traditional banking methods. The company uses advanced data analytics and machine learning algorithms to evaluate invoice risk and match SMEs with suitable investors.

As of the latest available data, Garantiz has facilitated over €1 billion in invoice financing transactions, supporting thousands of SMEs across Europe. The company has received funding from various investors, including German tech investor Index Ventures and European venture capital firm Accel-KKR.

Garantiz is committed to promoting financial inclusion and supporting the growth of SMEs in Europe. The company continues to expand its services and technology to meet the evolving needs of its customers and the broader market.