TrustBills

Hamburg, Germany Founded: 2015 • Age: 11 yrs
International trade receivables are auctioned for factoring in Germany.
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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
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Trustbills Marketplace Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of TrustBills

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series A - TrustBills Valuation

investors

May, 2016 Amount Series A - TrustBills Valuation

investors

BVR
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TrustBills

TrustBills has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Deutsche Bank and BVR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Diversified banking and financial services are provided globally.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TrustBills

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TrustBills

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Trustbills Comparisons

Employees
+
Add Comparison
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Supply chain financing is facilitated through an online marketplace platform.
domain founded_year HQ Location
Factoring services are offered to freelancers and SMEs in Germany.
domain founded_year HQ Location
E-invoicing and supply chain financing solutions are delivered to businesses.
domain founded_year HQ Location
Factoring and bill generation services for freelancers in Germany
domain founded_year HQ Location
Pre-financing for business invoices is facilitated through an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Trustbills

Frequently Asked Questions about TrustBills

When was TrustBills founded?

TrustBills was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is TrustBills located?

TrustBills is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.

What does TrustBills do?

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.

Who are the top competitors of TrustBills?

TrustBills's top competitors include Shengye Capital, RECHNUNG.de and crossinx.

Who are TrustBills's investors?

TrustBills has 2 investors. Key investors include Deutsche Bank, and BVR.

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