About TrustBills
TrustBills is a company based in Hamburg (Germany) founded in 2015. TrustBills operates in a competitive market with competitors including Shengye Capital, Decimo, crossinx, Pagido and RECHNUNG.de, among others.
- Headquarter Hamburg, Germany
- SectorsFinancial Services
- Website trustbills.com
- Social LinkedIn X Facebook
- Legal Name Trustbills Marketplace Gmbh
- InvestorsDeutsche Bank
& 1 more
Funding Insights of TrustBills
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of TrustBills with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | – | Series A | – | – | |
| May 2016 | – | Series A | – | – |
2 investors in total: 2 institutional.
Investors in TrustBills
TrustBills has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Deutsche Bank and BVR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified banking and financial services are provided globally. | 1870 | db.com | Frankfurt Am Main, Germany | |
- | – | bvr.de | - |
Investor details for TrustBills
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of TrustBills
3 dated milestones of TrustBills across 2 years, from founding to its latest funding, stage changes and deals.
- Founded TrustBills is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
Competitors of TrustBills
TrustBills 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, Decimo, crossinx, Pagido and RECHNUNG.de, 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. | |
| decimo.de | 2014 | Berlin, Germany | – | 13 | Factoring services are offered to freelancers and SMEs in Germany. | |
| crossinx.com | 2007 | Frankfurt Am Main, Germany | – | 49 | E-invoicing and supply chain financing solutions are delivered to businesses. | |
| pagido.de | 2013 | Berlin, Germany | $34,620 | 13 | Factoring and bill generation services for freelancers in Germany | |
| rechnung.de | 2014 | Berlin, Germany | – | 28 | Pre-financing for business invoices is facilitated through an online platform. | |
| notaregistrada.com.br | 2016 | Sao Paulo, Brazil | – | – | Invoice financing is facilitated via an online platform for businesses. | |
| tr8fin.de | 2018 | Munster, Germany | – | – | Offers export finance tools and services for international trade companies. | |
| deutsches-factoring-portal.de | 2012 | Oppenweiler, Germany | – | – | Offers factoring services for SMEs to improve cash flow and reduce risks. |
Detailed competitors of TrustBills
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Trustbills
Complete news archive for TrustBills
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to TrustBills
10 companies that operate in the same segment as TrustBills (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about TrustBills
TrustBills was founded in 2015 and raised its 1st funding round 1 year after it was founded.
TrustBills is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
TrustBills was founded in 2015 in Hamburg, Germany, within the fintech sector focused on factoring. An online platform is operated where sellers upload documents for international trade receivables, allowing banks and financial investors to place bids based on terms and amounts. A fee of 0.1 of the receivable value is applied to sellers, facilitating the transfer of receivables to buyers.
TrustBills's top competitors include Shengye Capital, RECHNUNG.de and crossinx.
TrustBills has 2 investors. Key investors include Deutsche Bank, and BVR.
TrustBills operates through Trustbills Marketplace Gmbh.