Czech fintech Flowpay has secured €30 million in debt financing from Fasanara Capital, a London-based investment manager, to scale its AI-powered lending platform and provide working capital solutions for SMEs.
Flowpay CEO William Jalloul emphasized that the funding would accelerate the company’s expansion beyond the Czech Republic, Slovakia, and the Netherlands, positioning it among Europe’s top embedded lending providers. He stated that Flowpay’s goal is to become the next Czech unicorn by revolutionizing SME financing.
Fasanara Capital’s Matt Kus highlighted that the partnership aligns with their mission to bridge the multi-billion-euro funding gap that leaves many European SMEs underserved due to outdated credit scoring models.
Featured image: William Jalloul, CEO (right), and Jiří Ruml, CTO (left), Flowpay. Credit: William Jalloul
