Finnest gmbh

lendingother lending

STATUS: Acquired/Merged
FOUNDING YEAR: 2014
LOCATION: Austria
Last Update: 17/07/2020

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About

Finnest provides a crowd-based investing platform for SMEs to get access to unsecured loans using crowd investing based on a rate-auction process.

Focus

PRODUCTS & SERVICES

Crowd-based investing platform for SMEs. Registered users see all current investment opportunities. Investors decide on the amount they want to invest and the interest rate they are ready to accept. The companies can select the bids they find suitable to their needs and fix a rate of interest they are going to pay.

REVENUE MODEL

If the loan agreement is successfully concluded , FINNEST receives 1% of the amount or 25 euros, whichever is the higher.

MAIN CLIENTS

Small and Medium Businesses

Traction

VALUATION / MARKET CAP:

$7.09 M in 2017

People

FOUNDERS

Guenther Lindenlaub

Joerg Bartussek

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Maxfield Capital

Neulogy Ventures

Speedinvest

KEY EMPLOYEES:

Günther Lindenlaub (Product Development

Business Development)

Manfred Hellar (CTO)

Joerg Bartussek (IT

Press) P

Reinhard Hönig (Sales

distribution)

Momentum

FUNDED

NO

TOTAL FUNDING

$1.06 M

DATE OF LAST FUNDING

Feb 2017

LISTED

NO

COMMENT

Venture fund: $1.05 M raised in Feb 2017.

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