Kreditech, a Hamburg, Germany-based developer and provider of big data scoring technology, received a “mid-7-digit” funding from world-class investors.
The company intends to use the capital for its global roll out of the B2C microlending plattforms as well as the development of the B2B “Scoring as a Service” technology, which will be launched in 2014.
Led by Sebastian Diemer, CEO and co-founder, Kreditech has developed real-time scoring technology that applies big data to issue online, SMS and facebook microloans (via www.kredito24.pl, www.kredito24.es, www.kredito24.cz, zaimo.ru) in real-time as well as to establish a global Scoring as a Service database that provides scoring data without technical integration or contracts to third parties.
In addition to the funding, the company announced the expansion to Czech Republic, Russia and 4 additional emerging markets throughout the next months.
Kreditech now operates offices in Hamburg, Warsaw, Barcelona, Moscow, Prague and Kharkov and employes 25 professionals from 12 nationalities.
17/12/2012: Kreditech Raises $4M