Receives Venture Capital Investment from German Startups Group, a Berlin, Germany-based fintech startup, has received a venture capital investment from German Startups Group.

The amount of the deal was not disclosed. Further investors in the company include Point Nine Capital, Fly Ventures, Point9 Capital, LaFamiglia, Michael Brehm and Heiko Hubertz.

Founded by CEO Sebastian Diemer, Daniel Schlotter, Naveen Prasad and Kenan Deniz, offers factoring solutions for freelancers, self-employed entrepreneurs as well as small and medium-sized enterprises leveraging already established scoring concepts to achieve lower costs and process complexities through digitalization and automation, e.g. by taking a picture of an outgoing invoice with a mobile phone and collect it almost immediately.
The company provides the service in partnership with SolarisBank.



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