Kreditech

Closed

Algorithm-driven loans for the underbanked

Hamburg, Germany · Founded 2012 · $173.0M raised

Headquarters
Hamburg
Employees
201–500
Founded
2012
Business Model
B2C
Website
monedo.com
Total Funding
$173.0M
Last Round
$22.0M Venture RoundSep 2019
Rounds
6

About

Kreditech, founded in 2012 in Hamburg, Germany, was a fintech company providing AI-driven credit scoring, installment loans, and digital wallet services to underbanked consumers. It operated subsidiaries in multiple countries, processing millions of loan applications using alternative data for scoring. The company has since closed.

Summary

Kreditech is a Fintech company based in Hamburg, Germany, founded in 2012. It has raised $173.0M in total across 6 rounds, most recently a $22.0M Venture Round round in Sep 2019. Investors include Blumberg Capital, Varde Partners and Kreos Capital.

Tech & App Stack

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Funding History

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Venture RoundFunding Round FSep 2019
$22.0M

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