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Small FinTech Company Investment Opportunity in Vilnius, Lithuania

FinTech platform for payments, expense management for SMEs, having already received investment of EUR 100K.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 26 thousand
EBITDA Margin Nil
Industries FinTech
Locations  Vilnius
Local Time 10:46 AM Europe / Vilnius
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 20.0% stake (Native Currency: EUR 450,000)
Reason: Looking for seed capital for product development and marketing.
Interested to connect with advisors
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Business Overview

Launch stage FinTech company having developed a SaaS enabled platform for payments, expenses and benefits management for SMEs, freelancers and distributed teams. It's a one stop shop to manage payments, expenses, bookings and employee benefits. A unique payments, HR and corporate expense management solution with mobile and web applications built on a modern technology stack. We enable employees and teams to buy things for work with their own corporate virtual and physical cards. Companies can set individual spending limits for each employee and spending budgets for corporate teams on these cards. Our primary targets are digital SMEs with high volume digital transactions and high mobile penetration. We have secured an investment from members of the Skype founding team - Startup Wise Guys and APX Axel Springer and Porsche.

Products & Services Overview

Corporate prepaid cards, expenses management, benefits management.

Facilities Overview

Rented office space located inside a Fintech center in Vilnius.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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