SME Finance: Funding, Investors & Team (Sep 2026)
SME Finance was created in 2016 and aims to revolutionize financing for small and medium-sized enterprises (SMEs) by developing an AI-powered financial technology platform that can make lending decisions very quickly. This platform will provide the most appropriate financing options for SMEs in the Baltic and larger EU regions. The company employs over 100 experienced finance professionals and offers a range of products that address working capital issues and help support the growth of SMEs. Their belief is that SMEs require tailored, readily accessible financing solutions that allow them to become established in the marketplace and to better manage their operations, providing them with greater flexibility, negotiating power with suppliers and partners, and insurance against any start-up or early-stage challenges they may face.
SME Finance has raised $111M across 1 funding round on record, the most recent an undisclosed round of $111M announced in Apr 2023.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
SME Finance Company Profile and Key Stats
Latest funding round on record: Apr 2023.
SME Finance Funding Rounds
SME Finance Founders and Leadership Team
No contact details are on record for this team yet.
SME Finance Funding Compared to Other Financial Services Startups
SME Finance's latest round of $111M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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SME Finance Funding FAQs
What does SME Finance do?
SME Finance was created in 2016 and aims to revolutionize financing for small and medium-sized enterprises (SMEs) by developing an AI-powered financial technology platform that can make lending decisions very quickly. This platform will provide the most appropriate financing options for SMEs in the Baltic and larger EU regions. The company employs over 100 experienced finance professionals and offers a range of products that address working capital issues and help support the growth of SMEs. Their belief is that SMEs require tailored, readily accessible financing solutions that allow them to become established in the marketplace and to better manage their operations, providing them with greater flexibility, negotiating power with suppliers and partners, and insurance against any start-up or early-stage challenges they may face.
How much funding has SME Finance raised?
SME Finance has raised $111M across 1 round on record. The most recent is an undisclosed round of $111M announced in Apr 2023.
When did SME Finance last raise funding?
SME Finance's most recent funding round on record is an undisclosed round of $111M, announced in Apr 2023.
Who is the CEO of SME Finance?
Mindaugas Mikalajunas is listed as CEO at SME Finance.
Where is SME Finance headquartered?
SME Finance is based in Vilnius, Vilniaus Apskritis, Lithuania.
How many employees does SME Finance have?
SME Finance is in the 101-250 employee band.
How does SME Finance's funding compare to other Financial Services startups?
SME Finance's latest round of $111M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's SME Finance Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SME Finance is left off this page rather than filled in.
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