smeGo

If a picture is worth a thousand words... ...then an smeGo Winter Party aftermovie must be worth a million!🕺 At least, we think so! And here is why. From surpassing the €2 billion mark in total financed amount since 2016 to scooping home the title for "Growth Story of the Year" at Lithuania's annual Fintech Awards, 2024 was a big year for all of us at smeGo. 💪 And while our sights are set on making sure 2025 turns out just as great, it is also important to find time to celebrate how far we have already come. Our Winter Party gave us the perfect opportunity to do just that! 🙌 A night dedicated to commemorating our amazing team. The real people behind smeGo, who for the past have helped countless small and medium-sized businesses across Europe turn their growth ambitions into reality. That said, a 𝚝̶𝚑̶𝚘̶𝚞̶𝚜̶𝚊̶𝚗̶𝚍̶ million times thanks 💙 to everyone who joined us, filling the evening with so much laughter, joy, and (dare we say) exceptional karaoke skills. You are true superstars (both on and off the dancefloor)! #smeGo #fintech #team #smes #winterparty #success #celebration

The new year is just a few hours away! 🕺 Here are five things SMEs should leave behind in 2024: 1️⃣ Relying on personal savings to fund business needs 2️⃣ Skipping out on growth opportunities because of funding rejections from traditional banks 3️⃣ Wasting hours chasing down clients who have not paid their invoices on time 4️⃣ Thinking leasing is just for cars 5️⃣ Believing you are in it alone Anything else you would like to add to the list? Let’s hear it in the comments!👇 #smeGo #smes #newyear #fintech #businessgoals #resolutions #businessloan #invoices #leasing

Happy holidays from all of us at smeGo! 💙 To all the SMEs out there, we hope the upcoming festive season will serve you plenty of joy, precious time with loved ones, and some more than well-deserved rest! 💆♂️ The determination and resilience you have shown over the, at times, so challenging 2024 has been nothing short of inspiring. 💪 We cannot wait to see what great things you will accomplish in the year to come. Aaand give you all the financial support you may need along the way! 😉 #smeGo #fintech #seasonsgreetings #happyholidays #smes #businessgrowth #bestwishes

Here is what it means for your business. 👇 The European Central Bank has yet again lowered its key interest rates by 0.25%, bringing down the deposit facility rate to 3%. This marks the FOURTH rate cut this year and a full percentage point drop from last year’s peak. So, how could this impact your business? 🤔 Well, to put it simply, lower interest rates enhance your chances of securing funding at a reduced cost. Imagine if you have a €100,000 business loan. Then, a 1% rate drop could save you approximately €2,500 in interest over 5 years. And that is not all! Predictions suggest that ECB's key interest rates could be cut even further in the coming year, potentially nearing 2%. This means that for the same €100,000 loan mentioned earlier, your savings could double to €5,000 over 5 years. We will be keeping a close eye on these developments and ensure you get the latest updates - right here! So stay tuned. ✌   #smeGo #ECB #interestrates #businessnews #euribor #businessloans #smes

Before anyone asks - no, Rihanna is not our client. YET! 😉 Since last Wednesday, there has been a lot of talk about music. So, we thought we would sit down and imagine how one of our favorite tunes here at smeGo might have sounded if the artist had known about one of our favorite financing solutions – Invoice Factoring. Have a peek! 👇 #smeGo #music #wrapped #rihanna #smes #invoicefactoring #latepayments #fintechsolutions

Take 5 minutes to learn all about invoice factoring!👇 Cash flow management can be tough for any business. Especially when clients delay payments. But luckily, there is a solution that allows turning unpaid invoices into immediate funds. And it is called invoice factoring. In our latest interview, Reelika Sõnitsar, Head of smeGo Estonia, explores: ✅ How invoice factoring works ✅ Why it can be faster and simpler than traditional loans ✅ Why an increasing number of SMEs are choosing this alternative financing solution Get the full scoop here 👉 https://lnkd.in/dJ7DgzVv. And if you are left with any additional questions, feel free to drop them in the comments. We are all ears! 🙂↕️🙂↕️

London, you were brilliant! 💂 Last Thursday, smeGo took the stage at BCR Publishing's 10th Annual Alternative & Receivables Finance Forum - and what an event it was! Our CEO, Mindaugas, joined a panel to tackle one of the biggest challenges in SME financing - bridging the gap between demand and supply in working capital by stimulating the trade credit insurance market. Here are some key insights from the discussion: 👉 SMEs still face hurdles in accessing working capital solutions across Europe and beyond. 👉 Insurance companies remain cautious, with high claims and defaults limiting their willingness to engage in the SME space. 👉 The way forward? Digitalization, better data, and advanced underwriting models - with AI, fraud prevention, and robust KYC at the forefront. At smeGo, we are committed to being part of the solution by continuing investments in robust data-driven processes, AI-driven underwriting models, and strong partnerships to make working capital more accessible than ever before. A massive thank you to BCR Publishing for hosting such a vital discussion and to everyone who stopped by to chat with Andrius and Mindaugas. Conversations like these drive progress. And whether they take place in London, Vilnius, Amsterdam, or anywhere else, we will keep having them until every SME across Europe has access to the financing they not only need but deserve. 💪 #smeGo #fintech #london #workingcapital #creditinsurance #AI #KYC #smes 

London calling!💂📞 This Thursday, November 28th, Andrius and Mindaugas will represent smeGo at BCR Publishing's 10th Annual Alternative & Receivables Finance Forum in London.   There are many great forums out there, but this one holds a special place in our hearts. Why? Because it is all about invoice factoring—the very first financing solution we offered to SMEs when smeGo was founded in 2016.   And this year, we have all the more reason to be excited because from 12:00 to 12:45 our CEO, Mindaugas, will take the stage to discuss one of the most pressing issues when it comes to financing SMEs: bridging the gap between demand and supply in working capital by stimulating the trade credit insurance market.   Will you be there too? 👀   Make sure to meet up with Andrius and Mindaugas to hear what smeGo has been up to over the past eight years - our expansion across Europe, how we have helped ambitious SMEs secure over €2 billion in financing, and so much more!   Coffee or tea (it is England after all!) is on us! 🍵   #smeGo #networking #investmentopportunity #fintech #invoicefactoring #london

October, you were great!🫶 Check out our latest monthly recap 👇 to find out why. October saw us providing over €17 million to established SMEs across the Netherlands, Finland, Estonia, Latvia, and Lithuania. Our top financed sectors? Manufacturing, real estate, and services! And that's not all! We also took time to celebrate all of smeGo's many incredible leaders (with lots of cake, of course! 🍰) and host a super fun pumpkin carving session. We told you it was a great month! For that, our biggest thank you goes to our colleagues, partners, and clients.👏 And to you, our valued follower, for joining us on our mission to empower every SME across Europe. 💙 Stay tuned for more! 👀 #smeGo #whatamonth #october #businessgrowth #fintechnews

Slush 2024 is in full swing, and so are we! 💫 With over 13,000 founders, investors, and other startup enthusiasts in attendance, this year’s event is proving to be bigger and more vibrant than ever. And best of all? It’s not over yet! Our superstar colleagues, Matias, Mindaugas, and Andrius, are still on the ground, ready to chat about how financing can be made faster, more flexible, and more accessible to small and medium-sized businesses across Europe. So, why not seize these last few hours to say hi, share insights, and maybe even explore future collaboration opportunities? 🤝 Also! A special shoutout to Startup Lithuania for featuring smeGo among Lithuania’s rising star startups on your booth display. You did not think we would miss it, did you? 👀 #smeGo #slush2024 #smes #starupnews #networking #fintech #helsinki #investmentopportunity