Comparing XEN
XEN alternative: how FactorFox compares
XEN is factoring and lending software from Xen Inc. of New York, covering origination, underwriting and servicing, with a free tier and a Pro tier.
Here is what XEN says in public, and FactorFox on the same topics.
In their own words
What XEN says about itself
Taken from XEN's own public pages and from trade press, checked September 24, 2026. Products change, so confirm anything that matters with XEN directly.
| Topic | What is stated | Source |
|---|---|---|
| Vendor | Xen Inc., 600 Madison Avenue, New York. | xenplatforms.com (opens in a new tab) |
| Who it is sold to | Factors and commercial lenders, for origination, underwriting and servicing. | xenplatforms.com, pricing (opens in a new tab) |
| Pricing model | A free tier and a Pro tier, with self sign up. | xenplatforms.com, pricing (opens in a new tab) |
| AI | Describes AI powered analysis, including document data extraction. | xenplatforms.com (opens in a new tab) |
| White labeling | White labeled, with unlimited users. | xenplatforms.com (opens in a new tab) |
| Integrations | Names Plaid, Ocrolus, Alloy, Creditsafe, TransUnion, Salesforce, Dropbox Sign and QuickBooks among its partners. | xenplatforms.com (opens in a new tab) |
| Recent customer news | PRN Funding selected XEN as its end to end factoring platform. | SFNet, January 27, 2026 (opens in a new tab) |
The same questions, answered for FactorFox
FactorFox on the same topics
Every line here is stated elsewhere on this site, with the status word where one applies.
| Topic | FactorFox |
|---|---|
| Describes itself as | AI native, and model agnostic by design |
| Finance types | Invoice factoring, asset based lending, purchase order finance and reverse factoring on one record |
| General ledger | A true double entry general ledger, built in, carrying the business since 2002 |
| Accounting integrations | QuickBooks Online and Xero, Available |
| Microsoft Teams | Briefings, signals and approvals in Teams, Controlled release |
| Security certification | A SOC 2 program is in progress. No certification is claimed until a report exists. |
| Pricing | Not published. Quoted on a call, because negotiated schedules exist. |
| Customers | Over 100 organizations across North America, Latin America, Europe, Australia and South Africa |
Where FactorFox is different
What changes if you choose FactorFox over XEN
AI native, with evidence
FactorFox describes itself as AI native: every conclusion opens onto the records and the policy that applied.
A built in double entry ledger
FactorFox runs on its own double entry general ledger, carrying the business since 2002.
Asset based lending and PO finance
Borrowing base, covenant monitoring and purchase order finance on the same record as factoring.
Briefings rather than dashboards
Each person starts the day with a briefing written from what they are responsible for.
Capital Network
Participation and syndication between FactorFox factors, inside the ledger.
Over twenty years in factoring
FactorFox launched in 2002 as the first cloud platform built specifically for factoring companies.
Being fair about it
Where XEN may be the better fit
XEN publishes a free tier with self sign up. FactorFox does not publish pricing and starts with a demonstration, so a new or very small factor that wants to try software on its own that afternoon may prefer XEN’s approach.
If you need asset based lending, purchase order finance, a built in ledger or covenant monitoring on the same record, compare the two on your own book.
Straight answers
What buyers ask when comparing XEN and FactorFox
Does FactorFox have a free tier?
No. FactorFox pricing is quoted on a call, because negotiated schedules exist and a public number would misstate them.
Does FactorFox offer white labeling?
Yes. The white label client portal puts your brand on the portal and app your clients use, set up from your website address.
Does FactorFox connect to QuickBooks?
Yes. QuickBooks Online and Xero are both recorded as available on the integration register.
Can FactorFox handle onboarding and underwriting?
Yes. Client onboarding and Continuous Underwriting are part of the platform, with re underwriting on every material event.
Compare on your own book, not on a page.
Bring a slice of receivables and the questions you are putting to XEN. We will answer the same questions in front of you, and show the evidence behind each answer.