Paysera enables collateral-free short-term loans for e-shops

"As an electronic money institution, we lack traditional banking services like deposits and loans. Our collaboration with Softloans expands our capabilities to provide our e-commerce businesses with the innovative, efficient, and flexible revenue-based financing solutions they need" – says Marijus Plančiūnas, CEO of Paysera.

Baltic e-commerce merchants now have the opportunity to borrow up to 100,000 in collateral-free financing for up to 12 months.

Following the submission of a loan application, Softloans will conduct a creditworthiness assessment of the business. Repayment of the loan will be automated, with a predetermined percentage (typically between 10% and 25%) of each sales transaction processed through the Paysera account being deducted. This revenue-based financing model adapts to the business rhythm – repayment instalments naturally follow sales volumes.

"The e-commerce business is highly dynamic – sales are often seasonal, and maintaining competitiveness requires constant investment in inventory and marketing. Traditional bank financing, which typically involves fixed monthly payments and collateral requirements, is often inaccessible to such businesses. Therefore, we created a solution that eliminates the need for collateral and loan repayment and automatically adapts to sales rhythm – when sales slow down, repayment instalments decrease as well" – explains Audrius Griškevičius, co-founder and CEO of Softloans.

Softloans data shows that businesses predominantly utilise revenue-based financing to fund marketing initiatives and facilitate the procurement of larger quantities of goods. The efficacy of this financing model is evidenced by the fact that businesses experience an average revenue increase of 30%, and 88% of clients return for repeat financing.

Paysera serves more than 13,000 e-shops and service platforms. During January-September 2024, customers made purchases worth 872 million euros, which is 7% more than last year during the same period when customers spent 814 million euros.

Founded in Vilnius in 2004, Paysera is a financial technology company that offers over 100 ways for European e-shops to accept customer payments for purchases. Paysera also provides accounts, transfers, currency exchange, gold trading, and other services.

Softloans is a fintech company founded in Lithuania that creates innovative technological solutions helping small and medium-sized businesses easily and quickly secure working capital needed for growth. Softloans' goal is to simplify and modernise the financing process for small and medium-sized businesses.