Wealthon Raises PLN 32 Million to Develop Financial Services for Entrepreneurs
Wealthon, a Polish fintech offering tools and innovative financing solutions for SMEs, has raised PLN 12 million from the 4growth VC fund in co-investment with the NCBR Investment Fund. Additionally, the company secured PLN 20 million in debt financing from funds managed by CVI Dom Maklerski. The funds will be used to further accelerate product development and strengthen the company’s market position.
“This investment is a vote of confidence in our strategy and growth potential. We believe it will help us respond even better to market needs and pursue our development goals. We are preparing to launch new payment solutions that will complement our ecosystem for entrepreneurs. We aim to offer the most innovative product suite for businesses in Poland,” said Aleksander Majchrzak, CEO of Wealthon.
Wealthon was established in response to the financial challenges faced by small and medium-sized enterprises. Although SMEs make up over 99% of all businesses in Poland, they often struggle to access financing.
“From the very beginning, we have aimed to democratize access to capital for SMEs. Our mission is to level the playing field in business and ensure that access to financing is not reserved only for large companies or corporations,” added Aleksander Przetakiewicz, co-founder of Wealthon.
With SMEs in mind, Wealthon created POSCASH, a financing solution based on payment terminal turnover. By analyzing a client’s real-time cash flow, the company can effectively manage risk and calculate loan amounts (up to PLN 500,000). Furthermore, the process is fully automated and free from bureaucracy, with flexible repayments that adjust to the enterprise’s capabilities.
The potential of Wealthon was recognized by 4growth VC, a fund specializing in fintech and insurtech investments, which has previously backed companies such as Cashy, Laven, and Plenti.
“Wealthon operates in the vast market of micro and small enterprises, which often lack sufficient access to financing despite having high needs. Their innovative solution and repayment mechanism based on terminal revenues have enabled the creation of a high-quality loan portfolio. CVI’s investment is a testament to that. Combined with an experienced and committed team, Wealthon became an attractive investment for us,” said Marcin Jaszczuk, Managing Partner at 4growth VC.
NCBR Investment Fund (NIF), which focuses on investing in small and medium enterprises, also participated in the co-investment.
“In just five years, Wealthon managed to develop a forward-looking project and successfully bring it to market. These are exactly the types of investments we look for—young, innovative startups focused on commercialization and profitability. We’re confident that supporting the company was the right decision,” said Ksenia Wójcik-Karasiewicz, CEO of the NCBR Investment Fund.
About Wealthon
Wealthon was founded in 2018 by Aleksander Majchrzak and Aleksander Przetakiewicz. In addition to POSCASH, the company also develops other tools for businesses. Wealthon WALLET, a mobile financial management wallet licensed by Mastercard, allows users to manage company finances and make cashless payments from anywhere, at any time. The app also provides instant access to a credit limit (up to PLN 20,000), with the entire funding process taking just 7 minutes—making it the first solution of its kind for companies on the Polish market.
Another tool in Wealthon’s ecosystem is Wealthon POS, a platform combining restaurant management and sales assistance in one. It was introduced following Wealthon’s acquisition of Ristorio in August 2023. The company is currently focusing on integrating this tool with its other products and expanding its functionality for other economic sectors.
The company’s long-term strategy includes international expansion. A key element for scaling abroad is obtaining a National Payment Institution license, which Wealthon has already applied for.
