We were admitted into the Scale up Innovix BCR acceleration program from which we will graduate in March 2020.

We have obtained clearance for Private Investors to become buyers on the iFactor platform, through a process led by KPMG and supported by the NBR (National Bank of Romania), and we are proud to be the first company on the romanian market to have this documentation approved.

Graduating the Startup GrowPad KPMG Spherik Accelerator.

Entering post-revenue by acquiring SME customers.

Development of a new version of the workflow engine based on RPA.

OG: Was 2019 successful for iFactor? What were your main achievements?ĬC: Some of our achievements in 2019 included: iFactor gives customers (both sellers/borrowers and buyers/lenders) the value of the best product at the click of a button. iFactor’s innovation doesn’t only relate to technology, but also to the business concept.

iFactor’s first deployed financial product is factoring and will be followed soon by SME loans. IFactor aspires to offer SMEs a comprehensive range of price competitive technological and flexible finance solutions for working capital needs. We are enrolling lenders/buyers from the traditional financial space, banks and NBFIs, as well as private investors, companies, and private individuals.

Can you tell us more about iFactor?Ĭosmin Curticapean: iFactor, as a technology company, envisions a world of innovation, digitalization and cutting-edge technologies, where all legitimate SMEs should have options for their trade finance needs. Olena Gryniuk: iFactor is an online platform both for SMEs that need to finance their invoices and investors looking for diversifying their asset portfolios. Olena Gryniuk talked to Cosmin Curticapean, CEO and Co-founder of iFactor, about the Romanian market, the company’s achievements in 2019 and future plans. IFactor is an online platform in Romania that aims to become the first online B2B marketplace, bringing together investors and SMEs looking for alternative financing.

Cosmin Curticapean, CEO & Co-founder of iFaсtor

Ifactor member