Investment & Fund Management
European Investment Fund Partner
Full Credential Description
Opus Online, an ICT company based in Estonia, faced significant challenges in establishing and maintaining a robust online presence for its clients amidst the rapidly evolving digital landscape. Founded in 2009, Opus recognized that many organizations struggled to adapt to the increasing demands of digitalization, which put pressure on them to enhance their online offerings. To address these challenges, Opus focused on designing and developing innovative websites and mobile applications, helping businesses transform their ideas into effective digital solutions.
To further expand its operations, Opus sought financial support from KredEx, an EIF financial intermediary. The company successfully obtained an EU-supported loan backed by the European Investment Fund (EIF) under the Investment Plan for Europe. This initiative aims to facilitate access to finance for small and medium-sized enterprises, enabling them to invest in growth and innovation. With this funding, Opus was able to enhance its service offerings and continue its trajectory of growth, which included serving high-profile clients such as IBM, Rovio, and Nasdaq.
The partnership with KredEx and the backing from the EIF allowed Opus to solidify its position in the market, ultimately contributing to the company's expansion and the ability to support hundreds of businesses in advancing their digital strategies.