Growth financing for a fintech platform
Company profile:
The company offers unsecured loans to micro and small enterprises, combined with a payment processing service. It combines payment services with business financing, enabling customers to access capital quickly that is directly linked to their current sales. The business model is based on the integration of loans with payment terminals, and repayment of the financing takes place automatically by deducting a fixed proportion of the business’s daily turnover.
Purpose of the financing:
The financing was intended to expand the scale of lending operations and increase the size of the financing portfolio offered to clients in the micro and small business sector.
Transaction parameters
Country: Poland
Amount: PLN 50 million
Financing date: 2024