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
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 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
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
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
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
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
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
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
It is expected that the neobank intended for business clients will start operating in mid-2021. The founders of the new bank, SME Finance, say that small and medium-sized enterprises are their target clients, because they always need to search for alternative financing sources due to the conservative lending policy of the big banks. The bank … Continued
