Kredero
Kredero operates a digital invoice marketplace where Swedish businesses upload invoices and receive real-time bids from multiple established factoring companies. Sellers set their preferred terms, compare offers side-by-side, and choose the best option at no cost and with no commitment. The platform typically reduces financing costs by 20-40% compared to approaching a single factoring provider directly.
- Financial Technology
- Commerce & Shopping
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Businesses seeking invoice factoring often receive a single take-it-or-leave-it offer from one provider, making it difficult to know whether the terms are competitive. The Swedish factoring market is fragmented, with significant variation in fees, payout times, recourse arrangements, and service levels, leaving companies without a clear way to compare options.
Solution
Kredero operates a digital invoice marketplace that brings multiple established factoring companies into one place. Sellers register and upload their invoices, set their preferred terms, and receive real-time bids from multiple buyers. The seller reviews offers side-by-side and selects the one that best suits their business based on price, terms, and service. The platform is free for sellers with no commitment, and by fostering competition among providers, Kredero typically reduces financing costs by 20-40% compared to going directly to a single factoring company.
Target Audience
Primary users are Swedish businesses of all sizes—from small two-person companies to larger industrial firms—that want to improve cash flow by selling invoices faster and more competitively. The platform also serves established factoring companies looking to source vetted invoice portfolios.
Features
- Real-time competitive bidding: multiple factoring companies bid on each posted invoice, with offers displayed live as they arrive
- Transparent comparison: sellers can evaluate bids based on interest rate, fees, payout time, and service conditions
- Digital invoice upload: invoices are registered and submitted through a streamlined online workflow
- No cost and no obligation: the marketplace is free for sellers, with no requirement to accept any bid
- Savings estimator tool: an interactive calculator lets businesses model potential savings based on invoice amount, payment terms, and current rate