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Polish fintech startup SMEO raises €4 million with eyes on international expansion

SMEO, a Warsaw-based fintech startup that set out to support small and micro-enterprises in Poland, has just raised €4 million to lay its sights on international expansion. Finch Capital and Precapital invested in the round. The startup offers online factoring services for micro, small and medium businesses, a sector suffering from increasing cash flow challenges during the pandemic. Co-founder and COO Monika Wozniak put it plainly, that SMEO can “give entrepreneurs the cash they need.” (Tech.eu)

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