Wealthon, a Warsaw-based FinTech creating 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 persistently executing our technique to create a brand new commonplace in SME monetary administration. We’re not only a lending firm. We’re effectively on our solution to changing into the main supplier of digital monetary companies for entrepreneurs. Our aim is not simply to offer capital however to combine a complete multi-product platform that mixes interrelated companies – from straightforward and quick entry to financing to environment friendly monetary and enterprise useful resource administration. Quickly, we will likely be including much more complementary options. I’m thrilled that, due to the belief of our new buyers, we are able to execute our extremely bold plans,” mentioned 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 companies – that are important options for streamlining operations in HoReCa (lodge, restaurant, and catering), retail, e-commerce, and different sectors.
Its key options embody:
- POSCASH – Financing based mostly on fee terminal transactions, repaid proportionally to every day gross sales.
- WALLET – A cell pockets for monetary administration and cashless transactions.
- LIMIT – Instantaneous credit score line entry accessible by way of a cell 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 response to Wealthon, entry to a funding facility for increasing lending operations is essential, given the corporate’s dynamic progress. In 2024, Wealthon tripled the quantity 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 bunch of angel buyers in the direction of additional product growth and strengthening its gross sales community. The corporate can also 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 modern monetary options ecosystem and whom we purpose to assist long-term in rising their companies,” mentioned 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 growth.
“We’re impressed with the standard of the administration crew and share their imaginative and prescient of changing 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 giant, and all sub-segments are rising quickly,” commented Zbigniew Łapiński, Senior Accomplice 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,” mentioned Ola Eriksson, Managing Director at Fortress Funding Group.
