Omnicredit

What Omnicredit does

Omnicredit, legally Telecredit IFN SA and commercially operating as PragmaGO România since a 2024 rebrand, is a Romanian fintech lender targeting small and medium enterprises. Founded in 2019 and headquartered in Bucharest, the company operates as a Non-Banking Financial Institution authorized and supervised by Banca Națională a României (BNR), and sits within the PragmaGO Group, a Central European SME finance franchise with 30 years of operating history and a portfolio exceeding 155M EUR. Its commercial focus is the Romanian domestic market only, with no current international expansion outside the country.

The core technology is a fully digital, self-serve lending platform delivered through webclient.pragmago.ro, supporting online application, document upload, e-signature, and automated invoice verification with same-day debtor notification. Decisioning is automated within 1-24 hours depending on product, and a silent factoring option is offered to keep receivables financing undisclosed to debtors. The product set spans invoice factoring (1,000-5,000,000 RON, 1 or 8 hour decisions), Micro Credit IMM (15,000-250,000 RON, decisions within 24 hours, up to 24-month repayment), a supplier payment credit line (1 business day approval), bill of exchange and check discounting, and real-estate-backed working capital.

Revenue is generated through transaction fees and interest income on the lending book: an introductory factoring offer of from 2.1% per 30 days for new clients, with broader pricing quote-based and not publicly disclosed. Distribution is direct-to-SME via the web portal, supplemented by content marketing (blog, LinkedIn, Facebook, YouTube) and the PragmaCash partner/reseller channel. The company claims GDPR compliance and BNR-regulated status as core trust signals. The available inputs do not disclose revenue, headcount over time, management, or funding history, which constrains deeper financial assessment.

Name

Omnicredit

Legal name

Telecredit IFN SA

Website

https://omnicredit.ro

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Omnicredit (now PragmaGO România) is a BNR-regulated Romanian fintech offering online invoice factoring, micro-credits, supplier payment lines, and discounting for small and medium enterprises, operating within the PragmaGO Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Factoring Fees: Interest-based financing fees charged on factoring transactions. Special offer for new clients: from 2.1% per 30 days for first financing. Amounts range from 1,000 to 5,000,000 RON.
2. Micro Credit IMM Interest: Interest income from micro-credits ranging from 15,000 to 250,000 RON with repayment terms up to 24 months.
3. Supplier Payment Credit Line: Credit line for paying suppliers, approved in 1 business day, generating interest income on drawn amounts.
4. Discounting Services: Early cash conversion of promissory notes (bilet la ordin) and checks before maturity date.
5. Real Estate Backed Working Capital: Long-term financing secured by real estate collateral for larger business needs.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Omnicredit (legally Telecredit IFN SA, now operating as PragmaGO România) is a BNR-regulated online fintech lender that provides Romanian SMEs with a fully digital suite of short-term financing products. Its core offering is online invoice factoring — businesses upload invoices via the web portal and receive financing decisions in 1 to 8 hours — supplemented by Micro Credit IMM loans, supplier-payment credit lines, bill-of-exchange and check discounting (Scontare), and real-estate-backed working capital, all delivered 100% online without branch visits.

Product overview

Omnicredit (now PragmaGO România) is a fintech platform offering a suite of online financing products for Romanian businesses. The product portfolio consists of six main offerings: Factoring (invoice-based financing with same-day funding), Micro Credit IMM (SME loans up to 250,000 RON), a Credit Line for Supplier Payments (working capital management), Scontare (bill of exchange/check discounting), Real Estate-backed Working Capital (property-secured long-term financing), and PragmaCash (partner program product). All products are designed for 100% online application and approval, targeting SMEs with quick turnaround times. The company is part of the PragmaGO Group with 30 years of experience in European SME financing.

Differentiator

Problem solved

Functional benefit

Brands

• PragmaCash: Partner product/service offering within the PragmaGO ecosystem for financial services.

Products and services

• Factoring Online invoice factoring for Romanian SMEs: businesses upload invoices and receive financing of 1,000 to 5,000,000 RON with same-day funding. Decisions are delivered in 1 or 8 hours depending on factoring type, and a silent (non-notified) factoring option is available.
• Micro Credit IMM SME business microcredit offering 15,000 to 250,000 RON of capital financing with approval within a maximum of 24 hours and repayment terms of up to 24 months, applied for 100% online.
• Credit Line for Supplier Payments (Linie de credit pentru plăți furnizori) Working-capital credit line that lets Romanian SMEs pay suppliers on time and negotiate better prices. Approval is delivered within 1 business day, with the entire application, decision and contracting process conducted 100% online.
• Scontare (Bill of Exchange and Check Discounting) Discounting service that converts bills of exchange (bilet la ordin) and checks into immediate cash before their maturity date, providing early liquidity for Romanian businesses holding such instruments.
• Real Estate-Backed Working Capital (Capital de lucru cu garanție imobiliară) Long-term financing for larger SME business needs, secured against real-estate collateral, structured as ongoing working-capital funding.
• PragmaCash Partner Program Partner-distributed financial product offering through the PragmaCash partner network, enabling partners to refer Romanian businesses for financing solutions as part of the PragmaGO ecosystem.

Quantifiable outcome

• Same-day financing available for qualifying applications
• +3 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• PragmaCashminorChannel Partner/ Reseller/ DistributorPartner network for cash and financing services. Listed under 'For Partners' section indicating a channel/reseller relationship for distributing financial products.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Credius IFN: Romanian online non-bank lender providing personal and small-business loans with rapid digital decisioning. Comparable as a digital-first NBFI competing for the same SME credit demand with a similar self-serve application flow.
• TBI Bank: Bulgarian-headquartered NBFI with a substantial Romanian SME lending and consumer finance operation. Comparable as a regional challenger lender offering rapid digital credit decisions to Romanian businesses and consumers.
• Patria Credit: Romanian non-bank financial institution (IFN) historically focused on SME and agricultural lending, now part of Patria Bank group. Directly comparable as a Romanian NBFI offering credit products to businesses with a similar institutional funding model.
• Vista Leasing: Romanian leasing and factoring NBFI serving SMEs with asset-backed financing and invoice-discounting products. Comparable in product mix (factoring plus working-capital solutions) and in target customer base of Romanian small businesses.

Regional players

• Provident Financial Romania: Romanian arm of UK-listed International Personal Finance, providing consumer and small-business credit through a hybrid digital and face-to-face model. Comparable as a foreign-owned lender active in Romanian retail/SME credit with a partially digital distribution model.

Others

• FintechOS: Romanian-founded B2B fintech infrastructure provider enabling banks and NBFIs to launch digital lending and onboarding products. Comparable as a Romanian fintech ecosystem participant whose technology underpins digital lending products similar to those Omnicredit offers directly to SMEs.

Broad incumbents

• Banca Transilvania: Largest Romanian bank with a dedicated SME division offering factoring, microcredit, and working-capital products. Comparable as the dominant deposit-funded competitor that sets the pricing benchmark for SME credit in Romania.
• BRD Groupe Société Générale: Top-three Romanian bank with extensive SME lending, factoring, and trade-finance capabilities. Comparable as a broad incumbent providing similar financing products to Romanian businesses but with a full deposit-funded balance sheet.
• CEC Bank: Romanian state-owned bank with a long-standing SME and agricultural lending franchise. Comparable as a broad incumbent offering credit and factoring to Romanian SMEs, often competing directly for the same customer pool.
• Alpha Bank Romania: Greek-owned universal bank in Romania serving SMEs and corporates with working-capital and trade-finance products. Comparable as a broad incumbent providing the same category of credit products to Romanian businesses from a deposit-funded base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@pragmagoromania
• Facebookfacebook.com/omnicredit.ro
• LinkedInlinkedin.com/company/omnicredit-finantare-pe-fast-forward

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omnicredit