Antwerp based Digital Transaction Management developer Connective has secured €4.5m in venture funding from investors Erik Dralans and Michel Akkermans. In the coming months Connective will strengthen its activities in its focus segments abroad and will also diverge into governmental services and sectors.
With this substantial capital increase the Antwerp developer of Digital Transaction Management (DTM) systems will fund its international expansion. Connective digitises document based processes to a level of greater efficiency and user friendliness, in compliance with the sector’s regulation. The investment enables Connective to realise the growth potential in Digital Transaction Management on an international scale. Connective’s CEO Eric Bohner: “Digital Transaction Management is a topic of high interest in today’s financial services sector and other service based organisations where contracts and agreements form an essential step in the supply chain and where digital is becoming the norm.”