Advanon

Founded in 2015 in Zurich, Advanon AG was a fintech company that operated an online platform connecting small and medium-sized enterprises (SMEs) with investors. The platform enabled SMEs to pre-finance their open invoices, improving their cash flow, while offering investors short-term investment opportunities in a new asset class. The company expanded its operations into Germany and was a notable player in the invoice financing market in the DACH region. In June 2020, Advanon was acquired by its Swiss competitor, Creditgate24 (Schweiz) AG. The brand and platform were integrated into Creditgate24's offerings, and the "Advanon AG" legal entity was officially dissolved following the merger.