Key findings

Finbee Poland is a company that provides financing for small and medium-sized enterprises. It is part of the international Finbee Group, which has established a strong position, particularly in Lithuania, where loans are granted using a peer-to-peer model.

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In 2024, Finbee began its expansion into the Polish market, offering an alternative source of capital for businesses seeking flexible solutions outside the traditional banking sector. In Poland, Finbee has adopted a different model—loans are financed using the company’s own funds as well as capital from institutional investors, without the involvement of individual investors. The company focuses on a fast decision-making process, data-driven analysis, and full transparency of loan terms.

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In the Polish market, Finbee focuses exclusively on financing limited liability companies.

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‍“Entering the Polish market is the first step toward building a position as an international player in the SME alternative financing space,” says Tomas Mačiulaitis, Vice President of the Management Board at Finbee Poland.

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Business Lending vs Consumer Finance

The business lending market operates under completely different principles than the consumer finance segment. In consumer finance, analytical processes are already well established—data is standardized, readily available, and customer profiles are well understood and predictable. In contrast, business financing often lacks many essential pieces of information: data is fragmented, frequently incomplete or delayed, and a company's situation can change significantly in a very short period. For instance, a lender may find out about a company’s restructuring several weeks after funds have already been disbursed.

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Kontomatik helps bridge these information gaps—among other things, transaction labeling makes it possible to identify tax obligations and inflows without having to ask the client for additional documentation. In practice, this is often the only viable method to verify a company’s operational capacity, enabling decisions that are both fast and well-informed.

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Finbee’s Operating Model: Kontomatik as a Sine Qua Non

The loan application process at Finbee is built on a three-pillar risk assessment model, where each component carries equal importance. The first pillar consists of application data and consents obtained from credit information bureaus; the second involves the company’s financial statements. The third pillar is transaction data, acquired through collaboration with Kontomatik.

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This enables Finbee to quickly and accurately assess a company’s actual cash flows, revenue and cost structure, as well as factors such as seasonality or operational risks. Integration with Kontomatik significantly shortens the analysis time and improves scoring accuracy, resulting in faster loan decisions and better-matched financing offers.

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For Finbee Poland, the challenge wasn’t to improve an existing process—but to build one from scratch. Business lending requires a multi-stage credit risk assessment, and one of its three key pillars is the analysis of transaction data and bank statements from the past 12 months. Without access to reliable data, the lending process simply couldn’t function.

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That’s why Kontomatik was a sine qua non—not a nice-to-have, but one of the foundational elements of the entire operating model. Thanks to Kontomatik’s solutions, Finbee can source transaction data in two ways: by analyzing uploaded bank statements (a unique offering available exclusively through Kontomatik) or through AIS (Account Information Service).

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Why Kontomatik?

Finbee didn’t test multiple open banking service providers—but, as company representatives emphasize, there was no need to. A combination of factors pointed to Kontomatik as the most reliable choice from the very beginning: stability, experience, market coverage (the highest number of integrated banks), and the overall quality of collaboration.

Kontomatik’s position as a market leader—and its real presence across many European countries—was also important for Finbee in terms of future international expansion. Knowing they can scale into other markets and work with the same, trusted partner gives them a significant operational advantage.

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Business Labeling Implementation as a Game Changer

A pivotal moment in the collaboration between Finbee and Kontomatik was the implementation of the business labeling model. This shift had a significant impact on the quality of analysis and the accuracy of credit decisions—particularly in the case of companies whose operations are more complex than those in the consumer segment.

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‍“A key milestone in our cooperation was the ability to refine the analysis by transitioning from the classic transaction labeling model to business-specific labeling designed especially for companies. This substantially improved the accuracy of our financing decisions,” emphasizes Aleksander Rutkowski, CEO of Finbee Poland.

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Business labeling was developed with the specific nature of business accounts in mind. It not only includes many of the labels familiar from the consumer model but also adds tags tailored to business-specific transactions. The model also redefines category names and the logic of label assignment to better reflect a company’s operational activity. Ultimately, each transaction is described by a set of labels that capture its nature at various levels of detail, allowing for a deeper understanding of the company’s cost and revenue structure—and, in turn, a more effective credit assessment.

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Transparency and a Partnership-Driven Approach

Finbee places particular value on the flexible approach and high standard of cooperation offered by Kontomatik. Transparency—both on the product and business levels—is also of key importance.

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From a day-to-day user perspective, a major advantage has been the intuitive and user-friendly interface, which consolidates all data and functionalities in one place, directly enhancing the team’s comfort and efficiency at work.

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The client also speaks highly of the implementation process, which was carried out quickly, smoothly, and without unnecessary complications.

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‍“In theory, that’s the industry standard. In practice—it rarely works that way. At Kontomatik, it does,” notes Aleksander Rutkowski.

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Finbee also appreciates Kontomatik’s approach to business relationships: the billing model, the absence of unnecessary upselling attempts, and a consistently partnership-oriented mindset:

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‍“Kontomatik doesn’t push for upselling where it’s not needed, and doesn’t try to artificially inflate its revenues. The billing system is simple and transparent. And that’s the essence of good, honest cooperation,” concludes Aleksander Rutkowski.