Acquired by Banco BS2, 2021
monashees led the Series A round, sat on the Board of Directors and worked alongside the founders and leadership team for 4 years.
The invoice factoring market transacts almost 25 trillion dollars worldwide in receivables, but the service provided to SMEs is inefficient, practices are not transparent, and interest rates are extortionate. WEEL emerged to revolutionize this aspect of banking services, which is still largely untouched by innovation.
- Founded in2014
- StatusPast
- HeadquartersTel Aviv