Duqu raises €1.5 million pre-seed
The Dutch fintech advances working capital against business invoices while leaving the receivable with the company.
An advance tied to an issued invoice
A business submits an invoice and requests an advance through Duqu’s app. The company assesses the invoice alongside the applicant’s cash flow, then pays approved funds so the business can cover near-term costs before its customer pays. Duqu says the business retains ownership of the receivable and its customer relationship.
Credit technology for small businesses
The company combines invoice-level credit with an AI underwriting system and is also developing a white-label offer for lenders and leasing providers. Curiosity Venture Capital led the pre-seed round, with No Such Ventures participating.
Use of funds
Expand invoice-based short-term business financing
Further develop the AI underwriting and credit assessment stack
Grow white-label offering to lenders and leasing providers