4Trans, a Prague, Czech Republic-based fintech company, raised a major Pre-Series A funding of undisclosed amount.
The round saw participation from Zero Gravity Capital.
The company intends to use the funds to strengthen the Czech fintech’s presence in Poland and Slovakia, expand its team and make further technological enhancements to its platform.
Led by CEO Jaroslav Ton and CMO Alexandr Lagazzi, 4Trans provides a range of financial products to SME logistic companies and independent hauliers. These solutions allow them to access outstanding cash flow from unpaid invoices, enabling them to use their own funds to improve their daily operations and invest in growth plans, while also protecting them against cash flow challenges. The partnership with Allianz trade also gives it the ability to offer insurance products to its clients.
To date, 4Trans has financed 90,000 invoices with a total of over €80m for supply chain and logistics SMEs.
FinSMEs
14/06/2023