Shoper
“Can Poland's leading e-commerce SaaS platform become the financial OS for SMB merchants expanding cross-border into the EU?”
Founded2005
HQKrakow, Poland
Latest roundIPO (WSE, July 2021)
IndustryE-commerce / Platform
The story
Founded in 2005, Shoper grew into Poland's leading SaaS e-commerce platform and IPO'd on the WSE in 2021. Since 2022 the company has consistently layered embedded finance on top of its merchant base — payments (Autopay, Przelewy24, Stripe), SMB lending (Uncapped, PragmaGO), FX (Ebury), and accounting connectors (ING Księgowość, native Shoper Faktury). Now operating as 'Shoper by cyber_Folks' following a merger, the platform is positioning as the financial OS for Polish e-merchants going cross-border.
Last 12 months
Product timeline
2005
Shoper founded as a SaaS online store platform for Polish merchants.· pivot
2021
Listed on the Warsaw Stock Exchange (sWIG80 index).· ipo
2022
Launched embedded SMB lending via partnership with finmid/Gross Financing and Uncapped.· lending
2024
Partnership with Ebury for cross-border FX services for merchants.· banking
2024
Integration with ING Księgowość (ING Accounting) for invoicing automation.· pivot
2025
Launched PragmaPay (B2B BNPL/installments) with PragmaGO.· lending
2025
Partnered with Stripe (April 2025) to offer international payments to all Shoper merchants.· banking
2025
Merger plan with cyber_Folks announced (Shoper by cyber_Folks).· acquisition
The stack
4 layers disclosed in Shoper’s embedded-finance stack
Payments / PSP
Lending
in the full report
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: minor
8 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.