WealthA fintech based in Warsaw developing an ecosystem of digital financial solutions for SMEs, obtained 126.2 million euros in funding, composed mainly of a debt facility of 116 million euros from Fortress Investment Group and 7 million ‘Euros in equity investment of 3S Capital Partners and Angel and Angel Investors.
“”We constantly carry out our strategy to create a new standard in the financial management of SMEs. We are no longer just a loan company. We are about to become the main digital financial service provider for entrepreneurs. Our objective is not only to provide capital, but to integrate a complete multipurductive platform which combines interdependent services – from easy and quick access to financing to effective management of financial and commercial resources. Soon we will add even more additional solutions. I am delighted that, thanks to the confidence of our new investors, we can execute our very ambitious plans,“Said Aleksander MajchrzakWealthon founder and CEO.
Wealthon was founded in 2019 by Aleksander Majchrzak and Aleksander Przetakiewicz. Initially launched as a loan platform, Wealthon has expanded its product portfolio to an all-in-one multi-product platform for SMEs-combining loan, loan and Payment – which are critical solutions for the rationalization of operations in Horeca (hotel, restaurant and catering), retail, electronic commerce and other sectors.
His key solutions include:
- POSCASH – Financing based on payment terminal transactions, reimbursed in proportion to daily sales.
- Portfolio – A mobile portfolio for financial management and transactions without cash.
- Limit – Instant access to the credit line available via a mobile application.
- POS system – A tool combining a cash register, a payment terminal, a sales assistant, order management and stock monitoring – particularly useful in the Horeca sectors.
According to Wealthon, access to a financing establishment for the expansion of loan operations is crucial, given the dynamic growth of the company. In 2024, Wealthon tripled the financing volume provided compared to the previous year, with a total value of gross goods (GMV) of 118.3 million euros.
Wealthon plans to allocate the 7.3 million euros in equity of 3S and a group of providential investors to a subsequent development of product and to strengthen its sales network. The company also plans to consolidate its position in certain market segments and is preparing for international expansion.
“”The new funding will strengthen our position on the market and considerably expand the scope of Wealthon. This is excellent news for small and medium -sized enterprises, for which we build our innovative ecosystem of financial solutions and which we aim to support in the long term in the growth of their activities“said Aleksander PrzetakiewiczCo-founder and chairman of the WEALTHON supervisory board.
Wealthon’s international potential was also recognized by investors who decided to support the company at this stage of its development.
“”We are impressed by the quality of the management team and share their vision of becoming a regional leader for SMEs in certain high growth industries. The market is still in the early stages of the adoption of such integrated solutions, but it is large, and all the sub-section increases quickly“Commented Zbigniew łapińskiMain partner at 3S Capital Partners.
“”With the offer of integrated Wealthon products designed around the needs of small and medium -sized enterprises, loans at the origin of the company offer a convincing investment opportunity for fortress funds“said Ola ErikssonDirector General of Fortress Investment Group.