Netherlands invoice finance startup Finturi has closed $2.2 million in funding to help companies secure loans against invoices using blockchain and artificial intelligence; their intention is to provide P2P invoice financing services where inefficiencies can be addressed by blockchain, eliminating the need for third parties; CEO Johannes Brouwer said, “Blockchain applications like smart contracts can help transactions to be completed faster and more efficiently. They also ensure that all contract data is stored on blockchain, thus reducing risk of fraud.” Source.
