AREX Markets
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
An invoice-trading platform providing financing to businesses.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
AREX Markets is founded in Dublin as a data-driven fintech that drives financing costs down for SMEs and lets them get paid quicker through invoice finance.
- Series A
On July 6, 2021, AREX Markets announces an €8.8 million Series A to accelerate its rollout in the UK and Spain.
- Finland sale
On December 5, 2022, AREX Markets sells its Finland operations to Swedish payment and financing institution Svea Bank.
- Acquisition
On June 20, 2023, Banking-as-a-Service player Bankable acquires Arex Markets, gaining the ability to embed credit and working capital into the payment flows of neobanks, multinational brands and fintech platforms.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.