Kapilendo, a Berlin, Germany-based funding marketplace for entrepreneurs, raised $7m in Series B funding.
The round was led by the Berlin Dental Association Pension Fund, with participation from Finlab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) and founding investor Comvest Holding GmbH.
The company will use the funds to continue to expand operations.
Led by Christopher Králové, founder and CEO, kapilendo provides a crowdfunding platform covering the entire funding spectrum from crowd-investing to crowd-lending with its two brands, kapilendo credit and kapilendo venture.
kapilendo credit provides low-priced and quick financing with no red tape to small and medium-sized enterprises through investments from private individuals while kapilendo venture offers startups access to growth financing from private investors.