A bank that
understands business

Finora Bank was one of the fastest-growing banks in the Baltics in 2025.

We offer business loans, factoring, leasing, and daily banking for SME companies that need fast capital and straightforward banking.

One bank. Everything you need to grow.

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Our growth story

Our growth story

Finora was founded in 2014 in Estonia with one conviction: businesses deserve better access to financing. A decade later, that conviction has a track record to match.

In 2022, Finora earned its banking licence from the European Central Bank. In 2024, Finora Bank expanded into Estonia. Today it operates across Lithuania and Estonia, with a net loan portfolio that grew 200%, total income up 141%, and gross interest income up 122% in 2025, making Finora Bank one of the fastest-growing banks in the Baltics.

The goal has always been the same: to become the bank that European SME finance is built around. That work is well underway.

Finora Bank is part of the
Finora Group

Our vision:

To become the bank that European SME finance is built around.

Our mission:

To give every business access to the financing and banking it deserves: straightforward, transparent, and backed by real understanding.

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Veikko Maripuu

Finora Group was founded by Veikko Maripuu, who serves as Chairman of the Supervisory Board.

Before starting Finora in 2014, he co-founded Redgate Capital and held leadership positions at Suprema and Evli Bank. He also leads Head Capital, through which he owns and develops companies across technology, finance, and industry.

His approach has always been the same: identify the gap, build with discipline, and stay close to the business.

Veikko Maripuu

Founder of Finora Group and Chairman of the Supervisory Board

Meet our team

We are a team of 60+ experienced banking and fintech professionals.
We understand business and build solutions that make a real difference.

Management team

Šarūnas Ruzgys

Chief Executive Officer, Chairman of the Management Board
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Mangirdas Kireilis

Chief Business Officer, Member of the Management Board
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Darius Buzys

Chief Risk Officer, Member of the Management Board
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Simonas Skaržauskas

Chief Financial Officer, Member of the Management Board
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Šarūnas Gerasimavičius

Chief Operating Officer
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Dovydas Asanavičius

Chief Investor Relations Officer
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Rasa Meškauskienė

Chief People Officer
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Tatjana Bakšajeva

Chief Product and Operations Officer
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Gabija Kuncytė

Head of Regulatory and Compliance
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Martynas Vainauskas

Head of Business and Products Legal
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Gerda Jurėlė

Head of Marketing and Communications
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Supervisory Board

Veikko Maripuu

Chairman of the Supervisory Board
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Vahur Kraft

Member of the Supervisory Board
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Rein Ojavere

Member of the Supervisory Board
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Ieva Dosinaitė

Member of the Supervisory Board
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Oleg Shvaikovsky

Member of the Supervisory Board
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