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Basware introduces Virtaus: a provider of smart financing + Basware Advance

Basware, the leading provider of e-invoicing and purchase-to-pay solutions, and Arrowgrass have today announced the introduction of a new company, Virtaus. Virtaus is a provider of smart financing for today’s digital and networked economy, providing businesses of all sizes with online and immediate access to short-term working capital.

Basware Advance is the first product to have been spun out of Virtaus. SMEs that are plugged into the Basware Commerce Network may use Basware Advance in order to receive early payment for outstanding invoices, for the sake of managing cash flows. The solution will be made available across the world, starting with a UK launch in early 2016.



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