AUB partners news

The shareholders of Activitis, a Ukrainian fintech company specializing in factoring and lending to small and medium-sized businesses (SMEs), have announced their intention to raise $1 billion in investments to meet market needs. This is stated in an interview with Activitis shareholders to Forbes Ukraine.

According to the company, the potential of the factoring market in Ukraine is about $18 billion, which can significantly increase financial inclusion in the SME sector.

Activitis is actively developing services such as eDilo for general SMEs and WEAGRO for the agricultural sector, which offer buy now, pay later tools and cashback factoring solutions. The company currently holds approximately 20% of the Ukrainian factoring services market and plans to enter international markets by 2025.

According to the management, the development of factoring remains a priority in the economic recovery. However, on the way to stable growth of the sector, it is necessary to improve government support, in particular to ensure equal conditions for non-bank financial institutions in government programs.