Trinios is a fintech platform that streamlines invoice factoring by automating invoice management and providing credit risk assessment. Their platform offers tools for businesses to secure credit facilities by mitigating risk through credit insurance.
Funding
Funding not disclosed
Founders
Product
Problem
Many small and medium-sized enterprises (SMEs) in Spain face challenges in managing their accounts receivable and securing financing due to the complexities and costs associated with traditional credit insurance and invoice factoring processes. These businesses often struggle with delayed payments, which can negatively impact their cash flow and limit their growth potential.
Solution
Triniom offers a fintech platform designed to streamline credit risk management and provide flexible credit insurance solutions tailored for Spanish SMEs. The platform integrates with a company's ERP system to provide real-time risk assessment of their customer portfolio, enabling businesses to make informed decisions about extending credit. Triniom's credit insurance product, Triniom Plus, allows businesses to select which clients they want to insure and adjust coverage as needed, eliminating the need to insure all clients. By automating invoice management and providing access to credit insurance, Triniom helps businesses protect their liquidity, reduce administrative burdens, and focus on growth.
Target Audience
The primary target audience includes Spanish SMEs, particularly those in sectors with high credit risk, as well as freelancers and non-mercantile companies seeking flexible and affordable credit insurance solutions.
Features
- Integration with ERP systems for automated customer portfolio analysis and risk assessment
- Customizable credit insurance policies allowing businesses to select specific clients for coverage
- Real-time risk evaluation of new clients
- Automated monitoring of customer payment behavior and debt recovery processes
- Streamlined claims process through the online platform
- Elimination of additional costs such as classification fees, minimum premiums, and claim opening costs