PayRay tripled its factoring portfolio last year

In 2019, Lithuanian financial sector company PayRay implemented its ambitious growth targets. The company, which provides services to small and medium-sized businesses, has more than tripled the value of its factoring portfolio to EUR 35.1 million and that of its microcredit portfolio to EUR 685,000. The company, which received its bank licence last year, expects to further develop and expand its basket of services this year.…