Kreditech Receives “Mid-7-Digit” Funding

Kreditech, a Hamburg, Germany-based developer and provider of big data scoring technology, received a “mid-7-digit” funding from world-class investors.

Backers include Samwer Brothers’ newly launched 150M global fund Global Founders Capital, as well as existing investors Blumberg Capital, Point9 Capital and H2 Investments.

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,,, 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.



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