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European investor Pollen Street Capital invests €35m in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses to be financed faster and on more favorable terms than before. Lending faster and on better terms “Our mission is...
#bank#management#platforms
Vilnius-based Fortress Factoring, a tech startup providing factoring and supply chain finance to SMEs, has announced its plans to expand…
#supply chain finance
Softloans, a fintech startup headquartered in Vilnius, Lithuania, has successfully secured €1 million in pre-seed funding to bolster its growth…
#digital#e-commerce#management
In order to automate compliance and ensure an easy customer onboarding... (more…)
#anti-money laundering#guarantee#international
Five Lithuanian financial institutions agree guarantee transactions with European Investment Fund under... (more…)
#COVID-19
Fintech companies in Lithuania are among the best and fastest adapters to the... (more…)
#alternative financing#anti-money laundering#blockchain
The Lithuanian fintech company SME Finance raised EUR 120m investment from a UK fund in... (more…)
#bank#banking services#digital
On the proposal of the Bank of Lithuania, the European Central Bank (ECB) has issued a... (more…)
#alternative financing#bank#banks
Vilnius, Lithuania-based lender ... has received... (more…)
#bank#cash-flow#funding
The Lithuanian government has approved the establishment of the... (more…)
#AML/CTF#anti-money laundering#bank
Lithuanian based fintech, SME Finance, a provider of non-banking business financing in the... (more…)
#invoice#working capital
Sergii Karasov, lawyer and project manager for international factoring, Faktoro, Lithuania, give us some hints on how to cover debtor non-payment risk based…
#international#receivables#receivables financing
Following the assessment and proposal of the Bank of Lithuania, the European Central Bank granted... (more…)
#bank#banks#smes