FACTORBANK
FactorBank AG is a Vienna-based, FMA-supervised Austrian bank (founded 1965) and 100% UniCredit Bank Austria subsidiary that purchases short-term B2B receivables and provides del credere coverage for mid-to-large enterprises in services, trade, and production in Austria and Germany.
- Company typePrivate
- Founded1965
- HeadquartersVienna, Austria
- Headcount11–50
- GTM typeB2B
- OfferingServices
What FACTORBANK does
FactorBank Aktiengesellschaft is a Vienna-based, FMA-supervised Austrian bank founded in 1965 and operating as a 100% subsidiary of UniCredit Bank Austria AG. The company's core product is factoring — the purchase of short-term B2B receivables arising from goods deliveries and services — combined with full del credere (default risk) assumption up to the advance payment amount, professional receivables management, and balance-sheet optimization (shortened balance-sheet total, higher equity ratio). It targets mid-to-large enterprises in services, trade, and production with annual turnover of at least €5 million, in Austria and Germany.
The technology stack consists of a nearly fully digitized client-facing portal (FactoringOnline) for receivables management and invoice submission, an automated data interface system for ERP integration using tab-separated files, and a web-based Schnittstellencheck (Interface Check) tool that lets clients validate interface syntax before submission. Distribution is delivered through dedicated Working Capital Sales Austria product specialists (five named individuals plus a Head of Sales), an inside-sales/customer-service function, and inbound referrals from the UniCredit Bank Austria corporate banking network. International capability is enabled through Factors Chain International (FCI) membership and coordination with UniCredit Factoring (Italy).
The revenue model is transaction-based: factoring fees on purchased receivables (comparable to classic account financing) plus a del credere premium for credit-risk assumption, with portfolio diversification supporting favorable premium structures. Pricing is tailored per client (no standardized tiers publicly disclosed), and revenue scales with client sales volume, creating a book that grows or contracts with the underlying client's business. Marketing relies on the corporate website (German and English), the online client portal, and UniCredit Group relationship referrals; no app, public API, or SDK is offered.
FACTORBANK firmographics
Firmographics- Name
- FACTORBANK
- Legal name
- FactorBank Aktiengesellschaft
- Website
- https://factorbank.com
- Company type
- Private
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FactorBank AG is a Vienna-based, FMA-supervised Austrian bank (founded 1965) and 100% UniCredit Bank Austria subsidiary that purchases short-term B2B receivables and provides del credere coverage for mid-to-large enterprises in services, trade, and production in Austria and Germany.
- Ownership category
- akta.pro rank
FACTORBANK industry classification
Industry- Product category
- Commercial Factoring Services
- NAICS
- Other Nondepository Credit Intermediation (52229), Activities Related to Credit Intermediation (5223)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)
- akta.pro secondary industry
- Invoice Financing, Factoring & Receivables Management (FSAGAJAB)
Keywords
Where FACTORBANK is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices1 record
Markets served
FACTORBANK business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Factoring Transaction Fees: Revenue generated from the acquisition of short-term receivables from goods deliveries and services. Fees are comparable to classic account financing (kontokorrentfinanzierung). The financing amount grows with client sales, aligning revenue with client business growth.
- Del Credere Premium: Premium charged for assuming the default risk of purchased receivables. FactorBank benefits from its broadly diversified portfolio to negotiate favorable premium structures, portions of which are passed on to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Tailored pricing based on client requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
FACTORBANK product offering
Product offeringCore offering
FactorBank AG purchases short-term B2B receivables (invoices) from its clients and pays them out as immediate liquidity, providing factoring financing, Delcredere (default risk) coverage up to the advance payment amount, professional receivables management, and balance-sheet optimization. The service is delivered through named product specialists and the FactoringOnline digital portal with automated data interface integration. FactorBank is a 100% subsidiary of UniCredit Bank Austria AG and has been operating in Austria for over 50 years and in Germany for many years since its 1965 founding.
Product overview
FactorBank AG offers a unified factoring service as its primary product — the purchase and financing of short-term customer receivables (B2B invoice factoring) — supported by an online customer portal (FactoringOnline), an interface testing tool (Schnittstellencheck) for automated data exchange, and annual business reports. The company operates as a subsidiary of UniCredit Bank Austria AG, providing receivables management, Delcredere coverage (default risk assumption), and balance sheet optimization to Austrian and German companies with annual turnover of at least EUR 5 million.
Differentiator
Problem solved
Functional benefit
Products and services
- Factoring (Receivables Purchase and Financing) Core B2B factoring service: FactorBank purchases short-term receivables arising from goods deliveries and services from its clients, advances the bulk of the invoice value as immediate liquidity, assumes default risk (Delcredere) up to the advance amount, and manages professional debtor administration. Targeted at companies in services, trade, and production industries with annual turnover of at least EUR 5 million in Austria and Germany.
- FactoringOnline (Client Portal) Secure online client portal where existing factoring clients can manage their factoring transactions, submit receivables data, track payments, and configure language and session settings. Supports digital onboarding and ongoing self-service after initial interface setup.
Quantifiable outcome
- Balance sheet reduction and improved equity ratio through receivables outsourcing
- +1 more outcomes
Companies that use FACTORBANK
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
FACTORBANK technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
FACTORBANK partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Factors Chain International (FCI)coreInternational factoring network partner enabling FactorBank to assume credit risk for cross-border/international business transactions. Facilitates international factoring operations and risk diversification.
- UniCredit Factoring (Italy)minorRelated entity within the UniCredit factoring network, potentially enabling cross-border factoring collaboration within Europe.
- Einlagensicherung AUSTRIA Ges.m.b.H.minorStatutory deposit guarantee scheme of which FactorBank AG is a member, as required by Austrian Deposit Guarantee Schemes and Investor Compensation Act (ESAEG). Provides customer deposit protection.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
FACTORBANK competitors and assessment
Company assessmentBroad incumbents
- Atradius: Global credit insurance, surety, and receivables management company; competes for corporate buyers of default risk coverage and offers factoring-like services in select European markets.
- Coface: Global trade credit insurance and receivables management firm; competes with FactorBank for corporate working capital and credit-risk budgets, especially on the Del Credere-equivalent trade credit insurance product.
- Euler Hermes: World's largest trade credit insurer (Allianz subsidiary); competes with FactorBank on the credit-risk-assumption leg of the factoring proposition and serves many of the same European mid-market exporters.
- Riverty (formerly Arvato Financial Solutions): Large German financial services provider offering receivables management, factoring, and payment solutions to enterprise clients; overlaps with FactorBank in the receivables financing and Del Credere space but operates across a broader portfolio.
Direct peers
- VR Factorem GmbH: German factoring specialist owned by the cooperative banking sector (Volksbanken Raiffeisenbanken); competes head-to-head with FactorBank in the German mid-market receivables finance segment with comparable full-service factoring and Del Credere offerings.
- Bibby Financial Services: Established European factoring and invoice finance provider operating across multiple countries; competes in the same SME/mid-market invoice discounting and factoring category FactorBank serves in DACH.
- UniCredit Factoring (Italy): Sister entity within the UniCredit Group providing factoring services to Italian corporates; offers the same Del Credere-style receivables purchase model and is explicitly cross-referenced by FactorBank AG in its public materials.
Emerging players
- BFS Finance GmbH: German fintech-style factoring provider focused on SME and mid-market invoice financing; competes with FactorBank at the lower end of its target segment and represents the digital challenger model in DACH factoring.
Regional players
- KSV1870 Holding AG: Austria's leading credit bureau and business information provider; adjacent competitor for credit-risk underwriting and debtor information services that feed into factoring decisions, primarily in the Austrian market FactorBank serves.
Others
- CRIF: Global credit bureau, business information, and credit management solutions provider; adjacent to FactorBank as an enabling data and decisioning partner for receivables finance and Del Credere underwriting across European markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
FACTORBANK social profiles
Digital presenceFACTORBANK financial estimates
Financial estimateRevenue estimate
Valuation estimate
FACTORBANK leadership team
Management profileNumber of profiles
Profiles6 records
FACTORBANK funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FACTORBANK M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FACTORBANK
What does FACTORBANK do?
FactorBank AG purchases short-term B2B receivables (invoices) from its clients and pays them out as immediate liquidity, providing factoring financing, Delcredere (default risk) coverage up to the advance payment amount, professional receivables management, and balance-sheet optimization. The service is delivered through named product specialists and the FactoringOnline digital portal with automated data interface integration. FactorBank is a 100% subsidiary of UniCredit Bank Austria AG and has been operating in Austria for over 50 years and in Germany for many years since its 1965 founding.
Is FACTORBANK a public or private company?
FACTORBANK is a private company. It is classified as corporate owned and is currently operating.
When was FACTORBANK founded?
FACTORBANK was founded in 1965. It employs 11 to 50 people.
Where is FACTORBANK based?
FACTORBANK is headquartered in Vienna, Austria, in the Europe region.
How does FACTORBANK make money?
Two revenue lines are on record. Factoring Transaction Fees are the primary driver. The others are del Credere Premium.
Who are FACTORBANK's main competitors?
Broad incumbents on record are Atradius, Coface, Euler Hermes and Riverty (formerly Arvato Financial Solutions). Direct peers are VR Factorem GmbH, Bibby Financial Services and UniCredit Factoring (Italy). BFS Finance GmbH is listed as an emerging player. KSV1870 Holding AG is listed as a regional player. CRIF is listed as an others.
Does FACTORBANK have an API?
No public API is recorded for FACTORBANK.
What industry is FACTORBANK in?
FACTORBANK's product category is Commercial Factoring Services. Its primary akta.pro industry code is FSABAHAD, Receivables Finance (Factoring, Invoice Discounting, Forfaiting), with a secondary code of FSAGAJAB, Invoice Financing, Factoring & Receivables Management. Its NAICS code is 52229 and its SIC code is 6153.