Overview
Finbee Group, a Vilnius-based developer of peer-to-peer lending and crowdfunding solutions, has raised €5 million in funding led by Tesonet, which now holds an 18.52% stake. The capital will be used to strengthen its balance sheet, increase financing volumes for consumers and SMEs in Lithuania and Poland, and accelerate international expansion and technology development. Finbee connects borrowers with institutional and retail capital, providing accessible financing across Europe.
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Investors: Tesonet
Finbee Group, a Vilnius-based developer of peer-to-peer lending and crowdfunding solutions, has raised €5 million in funding led by Tesonet, which now holds an 18.52% stake. The capital will be used to strengthen its balance sheet, increase financing volumes for consumers and SMEs in Lithuania and Poland, and accelerate international expansion and technology development. Finbee connects borrowers with institutional and retail capital, providing accessible financing across Europe.