Wealthon is a Polish fintech offering tools and innovative forms of financing for SMEs. It was created in response to the financial challenges faced by small and medium-sized enterprises. In December 2023, it obtained PLN 12 million from the 4growth VC fund in co-investment with NCBR Investment Fund.
SMEs very often encounter difficulties in obtaining financing. With them in mind, Wealthon created POSCASH, i.e. financing for trading on a payment terminal. By analyzing information about the client’s current financial flows, the company is able to appropriately manage risk and calculate loan amounts (up to PLN 500,000). Moreover, the process is completely automated and devoid of formalities, and the repayment is flexible because the installments are adjusted to the company’s capabilities.
Another tool of the company is Wealthon WALLET, a mobile wallet for financial management, a product licensed by Mastercard, which allows customers to manage the company’s finances and make cashless payments, from anywhere in the world, at any time. In the application, the entrepreneur also gains access to an instant credit limit (up to PLN 20,000). The entire process of providing funds takes only 7 minutes and it is the first solution like this for companies on the Polish market. Another tool, Wealthon POS is a restaurant management program and a sales assistant in one.
Now, the company is planning further solutions, such as the „all in one” system integrating cash registers with payment terminals.