# BTrust

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/btrust

- Industry: Software
- Headquarters: Santiago, Chile
- Website: www.btrust-finance.com
- Total disclosed funding: $1.5M
- Latest round: Seed (May 17, 2024)
- Investors on record: 1

## About

Founded in 2022 and based in Metropolitana de Santiago, Chile, BTrust operates as a software company that offers a supply chain finance (SCF) technological platform for SMEs. The company was founded by Patricio Cortes. In May 2024, BTrust raised USD 1.5 million in seed funding led by Invexor Capital. As of 2024, the company is led by its CEO, Fernando Salas.

BTrust offers Prompt Payment, which is a factoring auction platform that allows businesses to receive early payment for their invoices and enables small and medium-sized enterprises (SMEs) to sell their invoices directly to interested buyers at a discount. The firm’s product line includes aPay, a service that allows corporations to plan and reschedule their payments; uFund, a platform that allows companies to finance their suppliers; and match, an automatic reconciliation tool that corrects errors.

The company plans to use the funds raised in May 2024 to develop its AI technology, which stops invoice fraud by identifying and warning about unusual behavior, and to grow its business.

## Funding rounds

- Seed, May 17, 2024, $1.5M — Invexor Venture Partners

## Investors

- Invexor Venture Partners (https://capitalatlas.ai/funds/invexor-venture-partners) — Seed