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Kreditech
Kreditech was a fintech company that specialized in providing digital lending solutions to businesses. It aimed to revolutionize the business loan process by leveraging cutting-edge data analytics,…
Kreditech
Kreditech was a fintech company that specialized in providing digital lending solutions to businesses. It aimed to revolutionize the business loan process by leveraging cutting-edge data analytics,…
TL;DR
Founded: 2012 in Hamburg, Germany
Core offering: Big-data and machine-learning credit scoring and consumer micro-loans
Notable financing: Series B $40M (2014); Series C ~$92–103M (2015–2016); €110M strategic financing from PayU (2017)
Total reported funding: Approximately $92.7M reported in one source; other reports aggregate higher totals including strategic financing
Employee count (snapshot): 50
Company Overview
Problem Domain
Underwriting and access to consumer credit for underbanked populations in emerging markets.
Founded
2012
Industry
Fintech
Funding Track Record
$4M
Early venture round reported in 2012
$15M
Debt facility to expand lending operations
$40M
Series B to broaden products and expand into new markets
$92M
Series C reported at €82.5M (~$92M); later reporting indicates total Series C reached $103M including an $11M IFC tranche in 2016
€110M
Strategic financing/strategic investment reported in 2017
Founders
What we do
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