Tag "European Investment Bank (EIB)"

Lithuanian Neobank SME Finance Reported 57% Revenue Increase In 2020

Lithuanian-based neobank SME Finance has reported that it chalked up fiscal revenues of EUR 7.7 million in 2020, which showed a 57% increase from the previous fiscal year. The neobank said that its growth was driven primarily by a significant

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SME Finance Receives EUR 80 Million Funding From European Investment Bank

The European Investment Bank (EIB) has backed Lithuanian-based neobank, SME Finance, with a funding of EUR 80 million. It is said to be the largest investment awarded by EIB to a fintech lender. SME Finance had announced their intentions of

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