What is the main business of Vodeno?

The main business activity of Vodeno focuses on other information technology and computer service activities.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on April 19, 2018.

Where is the headquarters located?

The headquarters is located at: ul. Dobra 40, 00-344 Warszawa.

Who is on the management board?

The management board includes: Mariusz Adam Burdach (Member of the Management Board) and Krzysztof Grzegorz Czuba (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 218,655,400 (approx. $59.1 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

The company reported a revenue of USD 14,639,467 in 2024, which is a decrease of 64.3% compared to 2023.

No, the company recorded a net loss of USD 32,139,851 in 2024. For comparison, in 2023 the loss was USD 317,598, representing a multi-fold increase in the loss compared to 2023.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to USD 22,754,059 in 2024, representing 58% of all operating expenses.

Vodenosp. z o.o.

Other information technology and computer service activities

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2018-04-19

Share capital

218,655,400.00 PLN

Activity description

Vodeno combines a modern cloud-native platform with a European banking licence to provide businesses with comprehensive Banking-as-a-Service (BaaS) and embedded banking. Its offering includes daily banking, automated investing, low-interest personal loans, savings products, iOS, Android and web apps, customer support, and customer communication.

Registered address

ul. Dobra 40, 00-344 Warszawa, Poland

Website

vodeno.com

Phone

Social media

Financials

Revenue history (in m)

Filing timeliness

No financial statement for 2025 – the filing deadline has passed. 4 of 6 financial statements were filed late (the longest delay 347 days for 2022). All were audited by a statutory auditor.

2025not filed
202404/08/2025
202319/12/2024
202226/06/2024
202113/10/2022
202011/10/2021

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2024.

Results vs industry

Revenue

This companyUSD 14.64mMedianUSD 70.31kAverageUSD 2.00m

Net profit

This companyUSD -32.14mMedianUSD 3.61kAverageUSD -21.71k

Operating costs

This companyUSD 39.28mMedianUSD 81.54kAverageUSD 1.96m

Assets

This companyUSD 37.10mMedianUSD 64.05kAverageUSD 1.10m

Industry

Offer

Cloud banking platform
Banking services for businesses
Payment processing
Bank accounts
Digital loans
Card payments
KYC and AML compliance services

Website technology

Website

WordPress
Elementor

Analytics and marketing

Google Tag Manager
Hotjar

Authorized Representatives

Mariusz Adam Burdach – Management Board Member

Krzysztof Grzegorz Czuba – Management Board Member

Łukasz Krzysztof Geldner – Management Board Member

Krzysztof Józef Kuźniar – Management Board Member

Wojciech Krzysztof Sobieraj – President of the Management Board

Manner of representation

The company may be represented by two members of the management board acting jointly, or one member of the management board acting jointly with a commercial proxy.

Supervisory board

Cesare Pistelli – Supervisory Board Member

Giacomo Raffaelli – Supervisory Board Member

Milica Jeremic – Supervisory Board Member

Marco Pusterla – Supervisory Board Member

Ownership

Owner	Shares	Share value	Stake
Unicredit S.p.a.	4,373,108	$59,064,127.50	100%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2018-05-18.

mBank
03 1140 0000 0000 3521 5600 1013
mBank
06 1140 1010 0000 3521 5600 1001
mBank
49 1140 1010 0000 3521 5600 1003

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
Backbase Polandsp. z o.o.	$31,894,775.36	backbase.com
VsoftS.A.	$15,777,159.92	vsoft.pl
Tieto Polandsp. z o.o.	$15,766,233.53	tieto.com
WebconS.A.	$15,640,883.98	webcon.pl
VerestroS.A.	$14,060,126.43	verestro.com
Findaosp. z o.o.	$12,413,407.98	findao.pl
Softwaremillsp. z o.o.	$11,709,839.68	softwaremill.com
ConsdataS.A.	$11,441,529.59	consdata.com
Clouditysp. z o.o.	$11,007,163.66	cloudity.pl
10cloudsP.S.A.	$5,183,797.40	10clouds.com

Change history

Date	Event
2025-03-21	Switch to PKD 2025 (10 PKD 2007 codes → 8 PKD 2025 codes)
2024-05-13	Share capital increase (211,514,300.00 PLN → 218,655,400.00 PLN)
2024-02-20	Share capital increase (204,255,050.00 PLN → 211,514,300.00 PLN)
2024-01-17	Share capital increase (193,292,650.00 PLN → 204,255,050.00 PLN)
2023-10-31	Share capital increase (183,501,250.00 PLN → 193,292,650.00 PLN)

FAQ

Last updated: 2026-10-03