Softloans Secures €1M in Funding to Expand Embedded Revenue-Based Lending Solution

Softloans Raises €1M in Pre-Seed Funding

Key Highlights:

• Pre-Seed Funding: Softloans, a fintech startup based in Vilnius, Lithuania, raised €1M in Pre-Seed funding.
• Embedded Revenue-Based Lending: Softloans offers an embedded revenue-based lending solution for SMEs, integrating lending services into digital platforms like marketplaces and payment solutions providers.
• Expansion and Development: The funding will be used to expand operations and further develop Softloans' technological solution for easy application in various businesses.

Softloans' Target Market

• Target Market: Small and medium-sized enterprises (SMEs) in need of financing solutions integrated into their digital platforms.
• E-commerce Businesses: Softloans' solution is suitable for e-commerce businesses looking to offer loans to their customers.
• Businesses Using POS Terminals: Expansion plans include catering to businesses that utilize point-of-sale (POS) terminals.

What Softloans Needs to Buy

• Technology Development: Investments in technology development to enhance the embedded revenue-based lending solution.
• Partnerships and Integrations: Collaborations with digital platforms, marketplaces, and payment solutions providers to integrate Softloans' lending services.
• Marketing and Sales Support: Resources to support marketing and sales efforts to reach potential partners and customers.