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Amsterdam-based Duqu raises €1.5 million to unlock cash tied up in unpaid invoices

Single source: this development was reported by EU-Startups. 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.

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What happened

Duqu, an Amsterdam-based FinTech startup that gives businesses immediate access to money tied up in outstanding invoices, has raised €1.5 million in a pre-Seed round from Curiosity VC and No Such Ventures. It also offers the technology as […] The post Amsterdam-based Duqu raises €1.5 million to unlock cash tied up in unpaid invoices appeared first on EU-Startups .

The company has also developed its own AI underwriting engine, automating 95% of the credit assessment process. It also offers the technology as a white-label solution to banks, lenders and leasing companies. The Dutch startup plans to use this capital to grow both parts of the business.

Sources & evidence