Blogas

SME Finance partnership with PHH Group gives sellers one-click revenue-based growth funding on biggest online marketplace in Baltics

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Open finance integration allows instant permissioned access to sellers’ Pigu.lt turnover history to evaluate loan applications. Interest is only on the portion of any loan actually used and repayments come directly from the Pigu.lt platform SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, has partnered with Pigu and Hobby Hall Group … Continued

SME Finance raises a 120 million euro investment

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The Lithuanian financial technology (FinTech) company SME Finance raised a 120 million euro investment from an alternative asset management company in the United Kingdom. With the help of the invested funds, the company is planning to increase its loan portfolio to 200 million euro this year.  “We have become the first representative of the sector … Continued

SME Finance raises a 120 million euro investment

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The Lithuanian financial technology (FinTech) company SME Finance raised a 120 million euro investment from an alternative asset management company in the United Kingdom. With the help of the invested funds, the company is planning to increase its loan portfolio to 200 million euro this year.  “We have become the first representative of the sector … Continued

SME Finance has been selected as one of Europe’s hottest scaleups

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SME Finance has been selected as one of Europe’s hottest scaleups as part of Adyen and TNW companies organized Tech5 competition. Tech5 is a showcase for Europe’s 100 top tech scale-ups based on performance, growth and potential. Each year, the exclusive Tech5 platform allows the selected startups a chance to network and to enter a … Continued

HR Manager

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In this role you will: Work closely with SME Finance Group leadership team to identify hiring needs (from marketing to IT) and hold all managers to a high-quality standard; Identify and attract top-performing professionals to fill job openings across the company with a focus on building a diverse and inclusive team; Take hands on experience … Continued

Business Analyst for Fintech Initiatives

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About SME Finance SME Finance – a team of experienced professionals in the finance sector working to help businesses grow. Within the first two years of the company’s operation we have become a leading company in the Baltic States offering a broad spectrum of services and providing funding up to EUR 5 million. We are … Continued

Job offer: Partnerships and Business Development Officer Baltics

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SME Finance – a team of experienced professionals in the finance sector working to help businesses grow. Within the first two years of the company’s operation we have become a leading company in the Baltic States offering a broad spectrum of services and providing funding up to EUR 5 million. We are constantly creating innovative … Continued

SME Finance closes record year with 57% revenue increase

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YEAR 2020 KEY HIGHLIGHTS: Revenue increased 57% to EUR 7.7 million, up EUR 2,8 million from FY 2019. Financing portfolio reached a record EUR 55.1 million, up EUR 22.6 million from FY 2019. Received EUR 80 million backing from the European Investment Bank (EIB), the largest EIB investment awarded to a fintech lender. A total … Continued

What 2021 will bring to Baltic business community?

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2020 was extreme not only for the global health care – but also for the business community, including companies in the Baltic region. Rapid spread of Covid-19 was followed by a series of lockdowns, collapse in foreign and domestic demand, high uncertainty about economic recovery and creation of effective Covid-19 vaccine. And this was only … Continued

SME Finance receives EUR 80 million backing: the largest European Investment Bank financing awarded to a fintech lender

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The European Investment Bank (EIB) has backed Lithuanian based fintech, SME Finance, with funding of EUR 80 million to support small and medium-sized Lithuanian, Latvian, and Estonian enterprises in the transport, retail, wholesale, production, and services sectors. It is the largest EIB investment awarded to a fintech lender. SME Finance, the leading fintech platform for … Continued