4Trans, a fintech specialising in financial products for supply chain and logistics companies, has secured €18 million in investment from backers including Atmos, Tera Ventures, and Lighthouse.
Impact investment fund management firm based in the UK, Advance Global Capital has also extended a revolving credit facility to the firm.
4Trans will use the equity funding to strengthen domestic operations, expand to Poland, develop its platform and grow its international team. With the debt funding provided, it will be supporting the working capital needs of small and medium sized businesses in the region.
The announcement follows a period of rapid growth in 2022 which has seen 4Trans customer base grow to 500 and monthly revenue increased 10-fold on the back of the supply chain crisis. To date, 4Trans has provided more than €30 million in financing, protecting revenue from more than 50,000 invoices.
