Invenium Legaltech
Innovation introduced in 2022
Institutions that have implemented the product/service: N. A.
MSMEs served: Europe
Challenges
Activating non-performing export credit management even for MSMEs; credit collection and credit management is a priority for banks, but also Exports need to protect their credits with modern and effective risk management toolsPrimary target
Which group does your product/service primarily target?
Payments
SMEs
Cash Management
SMEs
Risk Management
SMEs
Description of Innovation
In 5 minutes the web app provides: 1) international risk analysis 2) a pricing determination and collection timing identification 3) a credit collection mandate generation 4) electronic signature 5) activation of legal servicesInvenium Legaltech is the first European Legal tech innovative player focused on Export credit: an accessible web app for MSMEs, to ease international credit management to small exporters