Wealthon, a Warsaw-based FinTech growing an ecosystem of digital monetary options for SMEs, has secured €126.2 million in funding, consisting primarily of a €116 million debt facility from Fortress Funding Group and €7 million in fairness funding from 3TS Capital Companions and angel buyers.
“We’re constantly executing our technique to create a brand new normal in SME monetary administration. We’re not only a lending firm. We’re properly on our technique to turning into the main supplier of digital monetary providers for entrepreneurs. Our purpose is not simply to offer capital however to combine a complete multi-product platform that mixes interrelated providers – from straightforward and quick entry to financing to environment friendly monetary and enterprise useful resource administration. Quickly, we can be including much more complementary options. I’m thrilled that, because of the belief of our new buyers, we are able to execute our extremely formidable plans,” stated Aleksander Majchrzak, Founder and CEO of Wealthon.
Wealthon was based in 2019 by Aleksander Majchrzak and Aleksander Przetakiewicz. Initially launched as a lending platform, Wealthon expanded its product portfolio to an all-in-one, first of its form multi-product platform for SMEs – combining POS, lending, and fee providers – that are vital options for streamlining operations in HoReCa (resort, restaurant, and catering), retail, e-commerce, and different sectors.
Its key options embrace:
- POSCASH – Financing based mostly on fee terminal transactions, repaid proportionally to day by day gross sales.
- WALLET – A cellular pockets for monetary administration and cashless transactions.
- LIMIT – Prompt credit score line entry obtainable by means of a cellular app.
- POS System – A instrument combining a money register, fee terminal, gross sales assistant, order administration, and stock monitoring – notably helpful in HoReCa sectors.
In keeping with Wealthon, entry to a funding facility for increasing lending operations is essential, given the corporate’s dynamic development. In 2024, Wealthon tripled the amount of financing offered in comparison with the earlier yr, with a complete gross merchandise worth (GMV) of €118.3 million.
Wealthon plans to allocate the €7.3 million fairness capital from 3TS and a gaggle of angel buyers in the direction of additional product improvement and strengthening its gross sales community. The corporate can be contemplating acquisitions to solidify its place in chosen market segments and is making ready for worldwide enlargement.
“The brand new funding will strengthen our market place and considerably increase Wealthon’s attain. That is nice information for small and medium-sized enterprises, for whom we’re constructing our revolutionary monetary options ecosystem and whom we purpose to assist long-term in rising their companies,” stated Aleksander Przetakiewicz, Co-founder and Chairman of the Supervisory Board at Wealthon.
The worldwide potential of Wealthon has additionally been recognised by buyers who’ve determined to assist the corporate at this stage of its improvement.
“We’re impressed with the standard of the administration group and share their imaginative and prescient of turning into a regional chief for SMEs in chosen high-growth industries. The market continues to be within the early levels of adopting such built-in options, but it’s massive, and all sub-segments are rising quickly,” commented Zbigniew Łapiński, Senior Companion at 3TS Capital Companions.
“With Wealthon’s built-in product providing designed across the wants of small and medium-sized companies, the loans the corporate originates present a compelling funding alternative for Fortress funds,” stated Ola Eriksson, Managing Director at Fortress Funding Group.
