Startup News: Wealthon raises $133 million to scale SME financing in Central Europe
This fintech company is growing rapidly in Poland and Central Europe.
Wealthon, a fintech focused on SME financing, has secured $133 million in its latest funding round. This includes $126.5 million in debt and equity financing, with backing from 3TS Capital Partners and a group of angel investors. The company, founded by fintech veteran Aleksander Majchrzak and entrepreneur Aleksander Przetakiewicz, plans to use the funds to expand its product offerings, scale lending operations, and pursue international growth.
In an era of almost impossible fundraising, this is pretty darn impressive.
"The new funding will strengthen our market position and significantly expand Wealthon's reach,” said Przetakiewicz. “This is great news for small and medium-sized enterprises, for whom we are building our innovative financial solutions ecosystem and whom we aim to support long-term in growing their businesses.”
Expanding Access to SME Financing
Wealthon addresses a gap in Poland’s financial market by offering digital-first financial services for small and medium-sized enterprises (SMEs). The company provides a suite of products that include revenue-based loans, virtual wallets, credit limit cards, and mobile POS systems. Wealthon's proprietary scoring system enables near-instant loan approvals, allowing businesses to access funds in as little as seven minutes.
Wealthon has seen significant growth, tripling its financing volume in 2024. The company provided $115.5 million in gross financing last year, including $23 million in SME loans. Wealthon's ability to scale quickly has positioned it as a leader in Poland’s lendtech sector.
The company is now seeking a National Payment Institution license, which will allow it to further expand its financial services. Wealthon expects to generate $14.7 million in revenue in 2025, with EBITDA projected at $6.7 million.
“With Wealthon’s integrated product offering designed around the needs of small and medium-sized businesses, the loans the company originates provide a compelling investment opportunity for Fortress funds,” said Ola Eriksson, Managing Director at Fortress Investment Group, one of Wealthon’s investors.
Unlike traditional banks, Wealthon offers a fully digital experience with minimal paperwork and flexible repayment structures. Its flagship product, Wealthon POSCASH, provides loans based on payment terminal revenues, ensuring businesses can access credit without the burden of fixed monthly repayments. The company also offers a mobile-first financial management platform, Wealthon WALLET, integrated with Mastercard.
Fintech has been a dirty word for the past few years and it’s interesting that a player like Wealthon can, first, raise over $100 million so easily in a difficult market and, second, can build out a POS and lending company in a fairly small market. I’m excited to see where this crew goes next.
