Recorded live at Baltic Fintech Days in Riga, this conversation with Thorsten Seeger reveals why SME Bank might be the most interesting challenger bank you have not heard of yet.
Thorsten breaks down exactly why Europe’s established SMEs, businesses turning over between 1 million and 50 million euros, have been completely failed by traditional banking. Not because banks are evil, but because SMEs have always been handed either a badly adapted retail product or a badly adapted corporate product, never something built specifically for them.
The conversation gets into why lending is the real differentiator from the Revoluts of the world, how SME Bank uses working capital as the hook to win customers before gradually taking share of wallet across full banking services, and why a digital CFO in a box powered by AI could finally give business owners the financial guidance they desperately need but have never had access to.
Thorsten also walks through the three-stage country expansion playbook SME Bank is executing right now across the Baltics, Finland, and the Netherlands, and why getting local IBANs matters more than most people realise.
If you follow European fintech or B2B banking, this one is worth your time.