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Smava is a Germany-based online comparison site for personal loans, on which each participant receives the credit online loan with the best terms from a wide selection.
Online comparison portal for loans
Smava generates revenue by collecting around (2-2.5 %)of fee on funded loans from borrowers
Smava has partnered with e-commerce sites to enable loans for purchasing larger items suah as.ebay
$300 M in 2018
Third party sources claims the company valuation is around $300 M (Jan 2018).
$500k - $999k
The company is planning to achieve €1.2 billion transact with €3 billion over the lifetime of the startup from about 300,000 customers (Jan 2018).
The company is planning to use the fund for expending its business across Europe (Jan 2018).
SERIES A · $5.42 M · May 2007
SERIES B · $16 M · Apr 2015
SERIES C · $34 M · Oct 2016
SERIES D · $65 M · Jan 2018
OTHERS · $5.47 M · Nov 2011
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