23-02-2023The value of turnover in 2022 was PLN 1.63 billion, an increase of 58% year-on-year.
- 55% increase in the number of clients – in 2022 we served 13,340 entrepreneurs (the third result in the factoring market in Poland).
- They financed 223,761 invoices during this period (up 96% year-on-year).
- We are dynamically developing the embedded finance model, under which we provided financing worth PLN 313 million, a year-on-year increase of 64%.
- Together with Allegro, we launched innovative Merchant Finance.
- We have begun working with the European Bank for Reconstruction and Development (EBRD).
- Factoring, the product that has been in the portfolio the longest, generated turnover of PLN 1.47 billion (up 48% year-on-year).
In 2022, our goal was to better understand our customers’ needs and introduce solutions to make it convenient to use our services at every stage. We have introduced a number of technological conveniences, such as the ability to conclude contracts through electronic signatures and fast Paybylink and Blik payments. During the year, the number of customers using these options grew fivefold. For entrepreneurs, the timing of obtaining financing is important. We have accelerated the accounting processes and launched automation in terms of settlements – the system selects the type of transfer that guarantees the delivery of money to the customer in the shortest possible time. Thanks to process optimization, we have also reduced the time to issue financing decisions (e.g., in the case of factoring, even by half)
– says Tomasz Boduszek, CEO of PragmaGO.
