Following a new financing round earlier this year and Nesta’s Open Banking prize last year, London-based invoice finance provider Investly has opened their platform (investly.co/platform) to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their[...]

SEB is hosting an Open Banking hackathon in partnership with Garage 48 in Tallinn to kickstart their Open Banking API launch in the coming year. SEB has confirmed Investly’s participation in the programme as one of the top UK fintechs in Open Banking technology.

European fintech Investly launched their fundraising campaign on Seedrs, Europe’s most active investor into private companies. They plan to raise at least £500,000 to finance integrations with banking partners to improve access to working capital for their SME customers.

Investly has announced a partnership with e-invoicing operator Telema in order to provide e-invoice financing for Estonian businesses. The new service, also known as e-factoring, allows retail chain suppliers to automatically finance their e-invoices with long payment terms.