UK fintech Triver snaps £2.5M to fuel growth in instant SME working capital — TFN

Triver, a UK-based fintech company providing instant working capital for SMEs, has secured an additional £2.5 million in funding. This brings the company's total capital to over £9.5 million. Triver utilizes Open Banking data and AI to automate risk assessment and provide rapid funding, addressing the challenges of traditional bank loans. The company aims to help SMEs cover expenses, meet payroll, and seize growth opportunities by streamlining access to working capital.

Triver Secures £2.5 Million to Fuel Instant SME Working Capital

Triver is a UK-based fintech company focused on providing instant access to working capital for small and medium-sized enterprises (SMEs) by leveraging Open Banking data and artificial intelligence (AI) to automate risk assessment and provide instant funding. The company aims to address the challenge of slow and cumbersome traditional bank loans, enabling SMEs to receive advances on client invoices within 20 minutes of application, significantly faster than traditional bank processes.

Triver provides instant working capital access for SMEs through Open Banking data and AI.

a year ago

Triver Secures £2.5 Million to Fuel Instant SME Working Capital

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