News








2021.02.08
SME Finance closes record year with 57% revenue increase
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 ...
2021.01.04
What 2021 will bring to Baltic business community?
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 ...
postimage
2020.11.12
SME Finance receives EUR 80 million backing: the largest European Investment Bank financing awarded to a fintech lender
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 ...
2020.10.21
SME Finance is establishing a neobank in Lithuania
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 ...
2020.10.08
Lithuanian fintech customers get fastest factoring approval in the EU
Lithuanian based SME Finance, the leading provider of non-banking business financing in the Baltic region, has launched a self-service platform for its factoring service. Customers can now receive factoring approval almost twice as fast as before. In the factoring sector ...
2020.10.01
We are hiring: Trainee
Join us on our exciting journey. Why SME Finance? We are the biggest provider of non-banking business financing in the Baltic region We are among the TOP #Fintech companies in the Baltic states Let’s make history together! Job offer – ...
2019.10.28
SME Finance received the investment of 20 million EUR from South Korean fund
A South Korean fund has agreed to invest EUR 20 million in non-banking financial company SME Finance. The loan portfolio held by SME Finance will double to EUR 50 million by the end of this year and it ...
2019.06.10
What conclusions can be drawn from the European Central Bank’s meeting in Vilnius?
Last week Vilnius hosted a meeting of the European Central Bank’s (ECB) Governing Council. The main message that ECB has sent to the market is that key ECB interest rates will remain at their present levels at least through ...