FinCompare, a Berlin, Germany-based fintech company, raised €10m in Series A funding.
The round was led by ING Ventures with participation from Speedinvest and Uniaq Ventures.
The company intends to use the funds for the expansion of the team, investment in IT and further growth.
Launched in February 2017 by Stephan Heller, CEO, FinCompare allows corporate customers to find, compare and, in some cases, complete a full range of financing options, including loans, leasing, factoring and purchase financing from more than 200 banks, alternative financial service providers and promotional banks.
The company has so far processed more than 2,500 customer inquiries with a volume of more than one billion euros.
FinCompare currently employs around 40 people.