Warsaw, November 25-26, 2025 – WOA WOW Awards and WOAConf25 conference brought together leading experts, fintech innovators, and factoring professionals to explore the future of receivables finance and digital transformation in the factoring industry. Organized by WOA.digital, the event featured insightful presentations, dynamic panel discussions, and networking opportunities for industry leaders across Europe.
Awards Ceremony
The event started with the WOA WOW Awards Ceremony on the evening of November 25. It took place at Skyfall Warsaw, one of Poland’s highest viewing terraces, celebrating the most innovative solutions in the factoring industry and technology across the region.
The results of the WOA WOW awards are based on our author’s research – Annual Digital Factoring Study and ranking.
Meet our Winners!
Winners of the WOA WOW Awards this year are:
Best Digital Factoring (among Banks) – ING Commercial Finance Poland
Best Digital Factoring (among FinTechs) –Flexibill (Hungary), Finspot (Serbia), Instant Factoring (Romania) and SMEO (Poland)
Best AI Application in Factoring companies – Virtual Expert by PKO Faktoring (Poland)
Best Online Invoice Finance Marketplace – Platební instituce Roger (The Czech Rep.)
Best Mobile Invoice Finance Marketplace – SEFlink (Serbia)
We award not only factoring companies but also tech companies – our Partners with the help of open voting on the WOA WOW Awards’ website.
Our Categories for the Tech Awards are:
Best Factoring Software – Europe 2025
Best AI-tool for Factoring – Europe 2025
Best Anti-Fraud Solution for Factoring – Europe 2025
Best KYB Solution for Factoring – Europe 2025
Meet our Winners!
Best Factoring Software – Comarch Factoring Platform, Comarch (Poland)
Best AI-tool for Factoring – CubX by efcom (Germany)
Best Anti-Fraud Solution for Factoring – Whisper by Finspot (Serbia)
Best KYB Solution for Factoring – Vercly (Poland)
WOA.digital sincerely congratulates the Winners!
See more photos on our Flickr page.
Watch full WOA WOW Awards Ceremony 2025:
Conference Highlights
On November 26, Olena Gryniuk, Founder & CEO at WOA.digital and CEE Director at SME Banking Club, opened the event by emphasizing the importance of collaboration and innovation in shaping the future of factoring and receivables finance, and gave an overview of the state of digitalization of factoring in Europe. 24 factoring companies offer a fully digital factoring process in Europe, the main part of which is located in Poland (learn more from the Digital Factoring Study).
Panel 1: Designing an End-to-End Digital Factoring Process
Michał Sitkowski from CRIF Poland and Konrad Kocoń from ING Commercial Finance (Poland) shared their use cases and strategies for automating credit decision processes in ING Commercial Finance in Poland, one of the first factoring companies that implemented a digital factoring product for SMEs.
After that, Michał Pawlik moderated a panel discussion, featuring insights from Finspot (Serbia) and Instant Factoring (Romania) on building fully digital workflows.
Panel 2: AI-Driven Transformation in Receivables Finance
Moderated by Diederick van Thiel (Advicerobo), the next panel discussion explored how AI is reshaping risk management and customer engagement. Panelists from efcom (Germany) and PKO Faktoring (Poland) highlighted practical applications of AI in their organizations and future trends.
Panel 3: How E-Invoicing Accelerates Factoring and Embedded Finance
Presentations by PartnerHUB, BÁV Faktor (Hungary), and SEFlink (Serbia) showcased how e-invoicing enables embedded finance and streamlines factoring processes. The panel discussion, led by Katalin Kauzli (WOA.digital, PartnerHUB), focused on integration challenges and opportunities.
Panel 4: Enhancing Factoring Sales with Digital Tools
Adam Skrzypczak from WiseRabbit andMagdalena Kalska from mBank (Poland) shared the results of joint survey on the topic of alternative strategies for boosting factoring adoption among SMEs. After that Olena Gryniuk moderated a panel discussion with Mateusz Mucha (SMEO, Poland) and Adam Skrzypczak (WiseRabbit, Poland), focused on strategies for selling factoring to SMEs and convincing them to use it as a solution to cover their cash flow gaps.
Panel 5: Automation of Contractor Verification in Factoring
Oksana Kharchenko (YouControl), Irena Turianska-Wasilewska (Vercly), Adam Soukal (Platební instituce Roger), and Olena Gryniuk discussed how to automate supplier verification in the factoring process. 67% of factoring companies still rely on manual or partially automated verification in the CEE region. Why? Limited invoice volumes, concerns about ROI, and API readiness for integrating end-to-end automation tools are among the main reasons.
Closing Remarks & Networking
The event concluded with closing remarks from Olena Gryniuk, followed by a networking reception on the 19th floor of Varso Tower that fostered collaboration among industry peers.
WOA.digital thanks all our Partners for their cooperation and support!
About WOAConf:
WOAConf is the leading event dedicated to digital transformation in factoring and receivables finance, bringing together banks, factoring companies, fintechs, and technology providers to share best practices and innovations.
