Softloans provides an embedded revenue-based lending solution that integrates lending into digital platforms such as marketplaces, payment solution providers and aggregators. The platform includes data collection, analytics, risk assessment and loan management. Its solution is already used by 10 partners and its analytics has processed data from almost 1,000 corporate clients across Lithuania, Latvia, Estonia, the Netherlands, Finland and Poland. Led by CEO Audrius Griškevičius, the company plans to adapt its technology for both e-commerce businesses and merchants using POS terminals. Softloans intends to use new funding to expand operations and continue product development, with plans for regional expansion.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024