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Startups & Business SINGLE SOURCE

Duqu raises €1.5M to give businesses faster access to working capital

Single source: this development was reported by Tech.eu. What WORLDTECH can establish is that the report was made, and by whom. It has not been matched against a second independent organisation and has not been officially confirmed by the organisations involved.

Two colleagues working in a modern office with a printer near a large window.
Illustrative photo.Photo by Mikhail Nilov on Pexels

What happened

Amsterdam-based fintech Duqu has raised €1.5million in pre-seed funding from Curiosity VC and No Such Ventures. Duqu gives businesses access to money they have already earned but are still waiting to receive.

The companyprovides short-term advances against outstanding B2B invoices and developsAI-... The company provides short-term advances against outstanding B2B invoices and develops AI-powered underwriting technology. The company is targeting a broader cash-flow challenge caused by delayed invoice payments.

Key facts

  • The company — provides: short-term advances against outstanding B2B invoices and develops AI-powered underwriting technology

Sources & evidence