PragmaGO Group News
News PragmaGO Group
We have published PragmaGO Group’s financial statements and sustainability report for 2024
It was a record-breaking year. PragmaGO Capital Group was joined by: Monevia (the market leader in financing single sales invoices) and Telecredit IFN (Omnicredit), a Romanian fintech specializing in digital factoring. We achieved sales revenues of PLN 113 million (45% y/y growth).
We have surpassed 2 billion zlotys in turnover-we sum up the landmark year 2024
We recorded our best results ever, reaching a record PLN 2.4 billion in financed receivables (+30% y/y). We strengthened our position as the leader in B2B embedded finance in the CEE region, while increasing the scale of our factoring business in Poland.
The Best Embedded SME Lending Solution in the CEE for PragmaPay and Merchant Cash Advance
This unique distinction is a confirmation that our embedded finance services stand out from the competition throughout the CEE region.
International expansion begins
We have signed an agreement to acquire a majority stake in Telecredit IFN S.A. (Omnicredit), a Romanian fintech that creates digital financial products for the SME sector.