Nemuru operates a SaaS platform that links banks, companies and consumers to generate and manage loans 100% online and across in-person, phone and online sales channels. The platform offers immediate loan generation of up to €30,000 repayable in up to 60 installments, with rates from a 5.95% TIN, and completes credit processes in around three minutes without manual document transfers. Its credit-risk engine uses machine learning and analyzes more than 1,000 data points (vs. typical models that use ~15 variables) to optimize risk classification and reduce fraud. Nemuru says its financing capability helps merchants close more and larger deals and can boost sales by about 30% for customers. The company is diversifying into education, automotive, health and sport sectors to expand addressable markets. As of the article, Nemuru reported cumulative capital of €4.35 million and the trust of over 600 businesses. Nemuru operates a technological platform for 100% online origination and administration of loans, matching self‑employed professionals and SMEs that do home renovations with customers who need financing. The tool allows professionals to offer flexible financing plans and to anticipate payment collection partially or fully so they can focus on the work. The company has worked with partners including Blue Dream Digital and Sabadell Consumer Finance. Nemuru was launched under the Antai Venture Builder umbrella and started with initial capital of €750,000. The business targets a niche in the fintech sector serving home‑improvement financing needs. It is based in the Pier01 de Palau de Mar offices in Barcelona.

Total raised

$4M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2020