Urica is a financial technology company that operates a global network for early payments, specifically targeting Small and Medium-sized Enterprises (SMEs). Their platform connects SME suppliers with a network of institutional funders (such as banks and investors) who can finance their outstanding invoices. This allows SMEs to improve their cash flow by receiving payment for their goods or services almost immediately, rather than waiting for standard 30, 60, or 90-day payment terms. The platform is backed by credit insurance from Euler Hermes (an Allianz company), which mitigates risk for the funders. Urica's mission is to provide SMEs with accessible, debt-free working capital to support their growth.

Founded in

France