This paper examines the origin, definition and classification of Fintech, starting with its origin in the late 2000’s and exemplifies with a successful Fintech founded in the USA in 2009 in the segment of Crowdfunding and Crowdlending. Then, the paper reviews some qualitative and quantitate data regarding the financial industry in Germany and specifically focuses on Factoring and Invoice lending. After that, the paper studies the case of the German Fintech Billie GmbH and explains its products and financial information. Finally, it ends with its contribution and conclusions to the Factoring and Invoice lending industry in Germany.
