April 22nd, 2013

Credit Scorer Kreditech Raises ‘Around $3.5M’ From Samwers And Others

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Last month Oliver and Marc Samwer — founders of the Rocket Internet startup incubator — launched Global Founders Capital, a new €150 million ($194 million) fund aimed at any and all startups worldwide. This month one of the first startups to benefit from that will be credit scoring startup Kreditech which has raised an undisclosed amount said to be “low to mid 7 digits”. We’ve heard USD$3.5… → Read More

December 17th, 2012

Kreditech, The Big Data-Driven Credit Scoring Service, Raises Further $4M From Blumberg Capital, Others

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Explicitly or implicitly, users are generating an insurmountable amount of data online, hence the plethora of startups touting their BIG DATA credentials by building applications or services that create utility out of these mass data points. Kreditech, which describes itself as a ‘Scoring as a Service’, is one such startup, with technology that claims to process over 8,000 data points in… → Read More