Kreditech

Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led

Kreditech, the AI-based near-prime loans platform, nabs $22M under new CEO to expand globally

Cash advances (or simply, loans) continue to be a lucrative area for startups to tackle. By leveraging new AI-based tools to evaluate potential customers, the network effect of the internet and the qu

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo,

Coya raises $30 million to launch its insurance service in Europe

Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early emplo

Kreditech raises €110M from Naspers’ PayU in strategic financing partnership

Kreditech, the German startup backed by Peter Thiel, Rakuten and the IFC that creates credit ratings and provides finance to people who may not otherwise have credit histories, has raised another ro

What’s next for personal financial services?

Already there has been a huge amount invested in fintech in 2016, with investors funding close to $9 billion in January and February alone. It is a sector of innovation that shows no signs of slowing

Online lender Kreditech closes out Series C at $103M after getting $11M from the IFC

Kreditech — the German startup that offers loans and other financial services to consumers who have little or no credit history by using some 20,000 data points online to assess their suitabili

Kreditech Nabs $92M To Build Financial Services For The ‘Underbanked’

Another startup out of Europe focused on finance has raised a hefty round of funding. Kreditech, a German company building a suite of credit and banking products for consumers who have little or no cr

Sources: Peter Thiel Is Investing In Kreditech’s $100M Series C Round

While Greece and its creditors continue to play a game of chicken, a startup out of Germany putting a big data spin on the business of loaning money is raising a large round of funding. TechCrunch h

Kreditech Gets $200M Credit Line To Fuel Its Big-Data Based Consumer Lending Business

Kreditech, the consumer finance startup that focuses on lending money to “unbanked” consumers with little or no credit rating, is today announcing a hefty line of funding that it will u

Credit Rating Startup Kreditech Raises A $40M Series B Round

Kreditech, the credit rating service for enterprise which offer micro-loans to costumers based on social and commerce data, has closed a $40 million Series B funding round, the largest ever for a Germ

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

<a href="https://techcrunch.com/2013/03/18/samwer-brothers-team-up-with-delivery-hero-founder-in-new-194m-venture-fund/">Last month</a> Oliver and Marc Samwer — founders of the Rocket Internet start

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

Explicitly or implicitly, users are generating an insurmountable amount of data online, hence the plethora of startups touting their <a href="https://techcrunch.com/2012/12/15/so-ive-got-big-data-now