What is Arex Markets?
AREX is an ambitious data-driven FinTech company that offers SMEs an innovative way to sell invoices. Automation allows an SME to receive cash payment from sold invoices as early as within the same day. AREX offers an easy-to-use, cost-effective service, which is integrated with accounting systems, facilitating the work of SMEs and accountants. The company's core offering addresses a critical need for working capital among small and medium-sized enterprises, enabling them to optimize their financial operations and accelerate growth by converting receivables into immediate liquidity. This strategic focus positions Arex Markets as a key player in the SME financial services landscape.
How much funding has Arex Markets raised?
Arex Markets has raised a total of $13.7M across 2 funding rounds:
Private Equity
$3.3M
Series A
$10.4M
Private Equity (2016): $3.3M with participation from LocalGlobe and Lifeline Ventures
Series A (2021): $10.4M led by LocalGlobe, Richard Laxer, Lifeline Ventures, and Mosaic Ventures
Key Investors in Arex Markets
LocalGlobe
LocalGlobe is a venture capital firm known for its early-stage investments, often backing companies with innovative business models. Their involvement suggests a belief in Arex Markets' potential for significant growth and market disruption in the FinTech space.
Lifeline Ventures
Lifeline Ventures is a sector-agnostic early-stage investor focused on pre-seed and seed funding, aiming to support resilient founders from the inception of their entrepreneurial journey. Their participation indicates a strategic alignment with Arex Markets' foundational growth and scaling objectives.
Mosaic Ventures
Mosaic Ventures is a boutique venture capital partnership that invests in AI-driven startups at the Seed and Series A stages, providing hands-on support to European entrepreneurs aiming for global scalability. Their investment in Arex Markets highlights the company's innovative use of technology and its potential for international expansion.
What's next for Arex Markets?
With a substantial funding base and a recent strategic investment, Arex Markets is poised for accelerated expansion and product development. The enterprise-level capital infusion is expected to fuel advancements in its automated invoice-selling platform, enhancing its integration capabilities with accounting systems and broadening its reach to a larger SME market. Future strategic initiatives will likely focus on solidifying its market position, exploring new geographical markets, and potentially developing complementary financial products. The company's commitment to providing efficient, cost-effective solutions for SME liquidity management suggests a continued focus on innovation and customer-centric growth in the competitive FinTech arena.
See full Arex Markets company page
