PragmaGO Group News
News PragmaGO Group
We are launching a partnership with Glovo in Spain
We are offering Spanish business owners PragmaCash—financing based on the Merchant Cash Advance model, available directly within the Glovo ecosystem.
We have launched the largest bond offering in history
The funds raised will strengthen our capital position and allow us to reduce our debt servicing costs and extend the weighted average maturity of our debt. To boost demand, during the subscription period we will repurchase bonds maturing in January 2027 with a value of 25 million zlotys. At the same time, we have included in the terms of the offering the option to pay for the purchased bonds by offsetting them against the next series maturing in March 2027.
Omnicredit changes its name to PragmaGO
Omnicredit, a Romanian fintech specializing in factoring for the SME sector, is changing its name to PragmaGO. This is a new chapter in the company’s development within the international PragmaGO Group, based in Poland.
PragmaGO grows embedded finance at 35% y/y rate in Q1 2026
PragmaGO Group recorded a further increase in the scale of operations in key areas of business financing in Q1 2026. The value of financed receivables in Poland reached 18% y/y growth (PLN 753 million), and for the whole Group it was PLN 782 million (+9% y/y). PragmaGO’s offering was used by 15,262 clients (+7% y/y), who completed 227,052 transactions (+26% y/y).