CapitalBox acquires the Dutch SME lending business from Spotcap Netherlands
This article previously appeared in Silicon Canals
Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the EU, and therefore form the backbone of Europe’s economy. They employ around 100 million people, as well as account for more than half of Europe’s GDP. Besides, SMEs bring innovative solutions to challenges like climate change, resource efficiency, and social cohesion and help spread this innovation throughout Europe’s regions.