ING backs FinCompare, the German comparison platform for SME financing

ING backs FinCompare, the German comparison platform for SME financing

6 years ago
Anonymous $2WKDXfy9lA

https://techcrunch.com/2018/06/04/fincompare/

FinCompare, the German fintech startup that offers a comparison platform for SME financing, has closed €10 million in Series A funding. The round is led by ING Ventures, the venture capital arm of dutch bank ING. The company’s previous backers Speedinvest, and UNIQA Ventures also followed on.

The comparison site currently only operates in Germany and since entering the market in February 2017 says it has attracted more than 2,500 customers and has processed more than one billion Euros. The new capital will be used by FinCompare to invest in its IT platform, including expanding the team, and for further European expansion.