Euler Hermes is taking a new step in its “Confidence to be Bold” strategic plan

Allianz-backed credit insurance company Euler Hermes announced its partnership with Dimpl , an invoice-based insurance platform against late payment, enabling small businesses to be paid on due date.

In France, according to the Observatory of late payments, 25% of SME’s bankruptcies (which represent a total of 3.7 million employees) are due to late payments. Moment has been designed to meet their specific requirements: coverage is per invoice, with a fixed and transparent price, and the platform is easily integrated with existing invoicing software such as Sellsy and Quickbooks.

With this partnership, coupled with an investment of €1.5 million structured by Idinvest Partners, Euler Hermes is taking a new step in its “Confidence to be Bold” strategic plan by continuing to expand towards innovative products and new markets.

Finally, as part of their partnership, Euler Hermes is providing Moment with a tailor-made insurance policy designed on the basis of its Single Invoice Cover API.