About Factorin
Factorin is a company based in Moscow (Russia) founded in 2018 by Andrei Maklin was acquired by MTS in July 2021. It operates as a B2B. Factorin operates in a competitive market with competitors including Shengye Capital, crossinx, Nota Registrada and INVOICE MARKETplace, among others.
- Headquarter Moscow, Russia
- Founders Andrei Maklin
- SectorsRetail
- Website factorin.io
- Acquired by MTS (Jul 2021)
Investors in Factorin
Factorin has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MTS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MTS is recognized as a leading telecommunications provider in Russia. | 1993 | moskva.mts.ru | Moscow, Russia |
Investor details for Factorin
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People of Factorin
1 people are tracked at Factorin (1 in leadership).
| Name | Role | Group |
|---|---|---|
Andrei Maklin | Co-Founder, CEO | Leadership |
Complete people profiles for Factorin
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Timeline of Factorin
2 dated milestones of Factorin across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Factorin is founded.
- Exit Acquired by MTS.
Competitors of Factorin
Factorin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shengye Capital, crossinx, Nota Registrada and INVOICE MARKETplace, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shengyecapital.com | 2013 | Shenzhen, China | – | – | Supply chain financing is facilitated through an online marketplace platform. | |
| crossinx.com | 2007 | Frankfurt Am Main, Germany | – | 49 | E-invoicing and supply chain financing solutions are delivered to businesses. | |
| notaregistrada.com.br | 2016 | Sao Paulo, Brazil | – | – | Invoice financing is facilitated via an online platform for businesses. | |
| i-mp.ru | 2015 | Moscow, Russia | – | – | An online P2P platform for invoice factoring is operated. |
Detailed competitors of Factorin
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Latest news on Factorin
Complete news archive for Factorin
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Similar companies to Factorin
10 companies that operate in the same segment as Factorin (E-Commerce Sellers & Service Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global commerce and digital cloud transformation services are provided internationally. | 2003 | Quebec City, Quebec, Canada | USD 143 M | – | – | |
Provider of essential services for merchants including business management, customer analysis, and payment services | 2016 | Seoul, South Korea | USD 131.97 M | – | – | |
E-commerce support services are provided to various clients. | 1899 | Bradford, West Yorkshire, United Kingdom | – | – | – | |
Omni-channel payments solutions are provided for businesses worldwide. | 1981 | Alpharetta, Georgia, United States | – | USD 1.87 B | 531 | |
Apparel and accessories for men, women, and kids are retailed. | 1987 | New York, New York, United States | – | USD 596.6 M | 1,321 | |
E-commerce support services are provided to online businesses. | 1969 | Eastleigh, Hampshire, United Kingdom | – | – | – | |
Marketing and sales services are delivered to retailers by SPAR. | 1967 | Auburn Hills, Michigan, United States | – | USD 163.63 M | 3,420 | |
Customer analytics solutions are provided for brands and retailers. | 1979 | Chicago, Illinois, United States | USD 100.32 M | – | – | |
Shopify businesses are acquired through a streamlined, efficient process. | 2021 | Miami, Florida, United States | USD 137 M | – | – | |
Oversize accelerator software solutions are provided for bulky e-commerce products. | 2006 | Lincoln, Nebraska, United States | USD 208 M | – | – |
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Frequently Asked Questions about Factorin
Factorin was founded in 2018.
Factorin is headquartered in Moscow, Russia.
Andrei Maklin is the current CEO of Factorin. They have also founded this company.
Factorin, led by Andrei Maklin as Co-Founder, CEO, specializes in leveraging cutting-edge technology, marketplaces, financing, and vendor services. Hosts a digital marketplace for vendor financing options. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Factorin's top competitors include Shengye Capital, crossinx and INVOICE MARKETplace.
Factorin has 1 investor. Key investors include MTS.
Yes. Factorin was acquired by MTS in July 2021.