Website: factiiv.io
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Factiiv is a platform that aims to reimagine business credit by allowing small to medium-sized enterprises (SMEs) to build their business credit through day-to-day activities and monitor their credit reports in a simple way. The platform addresses the challenges faced by SMEs in establishing and reporting the credibility of their businesses, especially when traditional credit bureaus often underserve them. Factiiv's approach involves allowing businesses to manage their own data, build credibility, and disrupt the traditional credit reporting industry. It emphasizes the importance of transparency, accuracy, control, and access for SMEs in managing their credit reports. The platform also offers an app and web-based tools to track transactions and share a Factiiv score, which is generated based on the user's business activities. Factiiv's goal is to change the landscape of business credit reporting and improve business-to-business relationships. It also provides information about its app, pricing, and contact details for those interested in joining the platform. The platform's emphasis on empowering SMEs and addressing the limitations of traditional credit reporting for small businesses aligns with the growing need for more inclusive and accessible financial services for all types of businesses. However, as with any financial platform, users should conduct their own due diligence and consider factors such as data security, privacy policies, and the platform's track record before engaging with it."