Startup Lithuania: Crowdlending Platform HeavyFinance Attracts 200k EUR Investment

“A Lithuanian startup HeavyFinance attracted an investment of 200,000 Eur from the Startup Wise Guys accelerator and businessman Valdemaras Raščiauskas.

“We see a great potential for rapid development, so we decided to take the path of attracting venture capital investments. The current financial injection is intended for testing foreign markets and preparing for the next stage of attracting much bigger investments,” says Laimonas Noreika, Head of HeavyFinance.

The company will seek to attract a second round of investment in the second quarter of next year.

Read a full article here.

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