Czech fintech 4Trans raises pre-series A round

Prague-based fintech company 4Trans has raised a major pre-series A funding round. The company plans to use the undisclosed funds to strengthen its presence in the region and expand its team.

• 4Trans was founded by CEO Jaroslav Ton. It provides a range of financial products to underserved businesses, SME logistic companies, and independent hauliers. The solutions allow the customers to easily access cash flow from unpaid invoices. This enables them to use their own funds to improve their daily operations and invest in growth plans.
• To date, 4Trans has financed 90,000 invoices with a total of over €80 million for supply chain and logistics SMEs.

• During the pre-series A financing round the company managed to get support from Zero Gravity Capital, a Slovakia-based venture capital fund fuelling early-stage innovations.

“Partnering with Zero Gravity Capital not only provides us with an investment but also access to a broad network of global investors through the Zero One Hundred Conferences. Their support will enable us to further deepen our technological moat and expand our international footprint,”

Jaroslav Ton, 4Trans CEO and founder, comments.

• The company intends to use the fresh funds to strengthen its presence in Poland and Slovakia, expand its team, and make further technological enhancements to its platform.

4Trans currently seeking a dedicated Sales Representative to join their dynamic team in Krakow, Poland.