Quartix Finance Inc

Founded in 2016 and based in North Carolina, US, Quartix operates as a fintech company that provides a SaaS-based platform that unlocks digital supply chain finance solutions for mid-size industrial companies. Quartix was founded by Dror Polak and Noam Mani, who as of 2022 are CEO and CRO of the company, respectively. In January 2022, Quartix raised USD 20 million in venture debt financing led by new investor Capital Foundry. Quartix operates as a fintech company that provides a SaaS-based platform that unlocks digital supply chain finance solutions for mid-size industrial companies.

Quartix’s team of banking, finance, and technology executives work to build a trade-finance platform connecting buyers, vendors, and banks. The company aims to make trade finance more efficient, effective, and affordable to mid-sized companies. Quartix works with both buyers and vendors to get revenue. The company monitors the client’s ERP system to detect payment-related events.

Then, Quartix offers them and their vendors on-demand, optional credit products. Buyers are thereby able to have additional flexibility with payments, secure faster delivery time, and cut the cost of goods sold. Vendors are able to have a more streamlined payment process and sell more. With the additional funding, Quartix plans to continue to grow and become a Fintech leader in the middle-market segment.

The company will use the funding to support the demand for digital credit products that provides flexibility for US clients and vendors to make payments or collections.