Novicap is a provider of an online invoice marketplace for SMEs designed to turn invoices into working capital through online auctions.
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Founded
2014
Location
Spain
Sub-sector
Invoice finance
Active Regions
- Spain
- Benelux
- Netherlands
Why we invested
Spain’s WC finance is a €182 Bn. market growing at a CAGR of 10%, versus EU market growing at only 4%
Banking consolidations and operational complexity in Spain have increased greater needs for tech-enabled platforms for SMEs which are 99% financed by banks
Meet the founder(s)
Federico Travella
Executive Chairman
Marc Antoni Macia
Advisor
