Péntech Solutions announced raising HUF 250 million from investors including 365.fintech.
Péntech, a Budapest, Hungary-based provider of financial loans for Hungarian small and medium-sized enterprises, announced securing funding of HUF 250M ($830k).
The money was raised from local investors including the Slovak investment firm 365.fintech.
Péntech was founded in 2019 by Benjamin Berényi (CEO), János Csák, (CFO) and Bálint Réti (COO) and started providing factoring services via its digital platform since the spring of 2020. To date, the company is used by more than 300 registered users.