• Rocket10

  Led · Equity · Nov 2016

  Rocket10 develops mobile marketing technologies focused on mobile advertising optimisation, media purchasing, in-app and video traffic and programmatic solutions. The company is profitable and high-growth, with more than 70 employees and offices in three countries. Rocket10 was founded in 2015 and manages four companies under its group. Recent corporate moves include acquiring the Everyads mobile platform for USD 1.5 million and launching a US joint venture with Appodeal; about 30% of business comes from China and 40% from the US. Rocket10 plans to use new funding to accelerate advertising and marketing tech development—specifically programmatic buying, buying-automation, and virtual reality technologies—and to expand its top-tier customer base and international presence. A self-service programmatic platform based on its JV technology is expected to open to the public within six months (currently available for managed campaigns and in beta testing).

• Spotcap

  Led · Equity · Feb 2016

  Spotcap was launched in September 2014 by Jens Woloszczak and uses a proprietary credit platform and risk algorithm to provide credit lines and loans to SMEs. It has issued more than €120m in credit lines and has established a distribution network of more than 10,000 intermediaries including financial advisors, accountants and finance brokers. Spotcap operates in Spain, the Netherlands, the United Kingdom, Australia and New Zealand and employs a total of 120 people. The company intends to use the newly raised funds to continue working with its intermediary partner network to increase its global market share. Earlier this year Spotcap announced a partnership with New Zealand–based Heartland, which invested €14m of debt and helped expand the company into the United Kingdom. Following the most recent round Spotcap has brought total capital raised to about €100m. Spotcap operates a platform that issues short-term business loans and credit lines to small and medium-sized enterprises. The company has issued €65 million in credit lines to SMEs to date. Spotcap is expanding internationally and has launched operations in the UK, and is also operating in Spain, the Netherlands, and Australia. With the new partnership and funding it is launching its SME loan platform in New Zealand, its fifth market. Management says it will focus on growing existing operations, improving products and services, and accelerating growth in Australia. The company anticipates the partnership to potentially evolve into knowledge-sharing and joint product offerings for SMEs over time. Spotcap is a Rocket Internet-founded fintech that provides online lending and credit lines to small businesses, both online and brick-and-mortar. Its credit scoring technology plugs into a business’s accounting software and bank account, using thousands of data points to automate underwriting. Loans and credit lines typically run for over 12 months and are positioned as flexible financing for needs like seasonal inventory or construction upfront costs. The company currently lends in Spain, the Netherlands and Australia. Spotcap says it will use new capital to fund further international expansion, improve the service’s UX and provide more liquidity on the platform. The business is headquartered in Berlin and led by CEO and co-founder Toby Triebel. Spotcap is an online lending platform that provides small businesses with alternative financing solutions. Launched in Madrid in September 2014 and based in Berlin, the company uses credit scoring technology that directly evaluates real-life business data to provide fast and flexible financing. The team consists of 50 credit and online experts and is led by CEO Toby Triebel and COO Jens Woloszczak. Spotcap plans to use the new debt capital to finance its online business lending activities in Spain and the Netherlands. The company also intends to expand operations globally to at least three additional markets during 2015. Financially, Spotcap raised €5m in debt financing from Kreos Capital and had previously raised €13m from a group of investors including Rocket Internet, Access Industries and Holtzbrinck Ventures. Spotcap operates an online credit platform that uses an innovative credit scoring technology to evaluate clients' real-life business data and offer credit lines. The company was co-founded in Madrid in September 2014 by Toby Triebel and Jens Woloszczak and is based in Madrid, Spain. Spotcap is backed by Rocket Internet and runs Spanish operations headed by Pablo Pastega. The team consists of over 30 credit and online experts. Spotcap recently secured €13m in funding and intends to use the proceeds to grow further in Spain and expand into other markets. The article does not disclose the financing instrument or additional financial metrics.

• Mash

  Led · Debt Financing · Nov 2015

  Mash Group, founded in 2007, offers payments and finance solutions powered by proprietary algorithms, machine learning and an automated platform to thousands of customers daily. The company partners with major incumbents in ecommerce and point-of-sale payments, including Magento, Shopify, Verifone, Nets and Tink. Mash reported 110% revenue growth and 221% EBIT growth for 2018 and recorded its highest revenue in Q1 2019. Management plans to accelerate growth via pay-by-invoice acquisition channels and partner/merchant networks to increase conversion and originate consumer credit at low acquisition cost. The company says a stronger balance sheet will enable cheaper external funding to fuel faster growth. Today Mash describes itself as one of Europe’s leading fintech companies. Founded in 2007, Mash Group is a Finnish digital lender that provides consumer credit and pay-later solutions for retailers both in-store and online. The group operates across Finland, Sweden, Poland, Luxembourg and Spain. Mash is pursuing innovation at the intersection of blockchain and traditional finance and has launched a Securitized Token Offering (STO) as part of its current equity raise. The STO is structured to allow professional investors to participate using crypto and fiat; its security tokens are asset-backed and carry voting and dividend rights equivalent to ordinary shares. Mash has engaged DLA Piper, Trust and Tokeny to manage the issuance platform and selected Deloitte to provide AML/KYC services. The company is conducting a broader EUR 50 million equity round concurrent with the STO. Euroloan Group operates a mobile online platform offering credit limits, loans, money transfers, webshop payment services, invoice payments and collection services to retail customers and merchants. For webshops and sales points it supplies pay‑per‑invoice and sales finance solutions that operate under merchants’ own brands. The company automates origination and debt‑servicing functions (identification, scoring, underwriting, payments, back‑office, credit monitoring and collection) via proprietary cloud‑based banking software and holds ISO27001:2013 certification. Euroloan has offices in Helsinki (HQ), Luxembourg, Stockholm and Warsaw and a team of 80 professionals from 20 nationalities. The Group says the additional equity from the recent share issue will allow it to accelerate deployment of a new EUR 120 million funding facility announced in May, expand internationally and invest to drive long‑term profitability. Euroloan plans to publish a business review for H1/2017 on July 18 in a new format. Euroloan is a rapidly growing digital financial services group that provides consumer loans, pay-by-invoice capability, revolving credit lines, credit cards, point-of-sale payment solutions, e-commerce platform support, and real-time online and mobile lending. The group operates in Finland, Poland and Sweden and has plans for significant growth across Europe. In 2016 Euroloan increased net revenue by 90%. To support scaling, Euroloan doubled a structured financing facility with funds managed by affiliates of Fortress Investment Group LLC from EUR 60 million to EUR 120 million. The company described the previous deal with Fortress as the largest in its history and called the new transaction the biggest funding deal ever made by an unlisted company in Finland. Euroloan said the financing will enable it to leverage its digital lending systems to generate higher volumes and acquire new customers as it accelerates expansion across Europe. Euroloan Group is a Helsinki-based international finance company that provides consumer and merchant payment solutions. Its consumer offering includes a Virtual Credit Card with individual revolving credit limits, personalized pricing and repayment plans powered by a proprietary scoring engine. Customers access services 24/7 with instant payment through a fully automated platform. Corporate solutions enable merchants to offer multichannel payment options—invoice, instalment and credit account payments—under the merchant’s own brand at online and POS channels. The company intends to use the funds to accelerate development of its FinTech products, further develop services and expand into North European markets. Euroloan is led by Chairman Tommi Lindfors, was established in 2007 and has offices in Stockholm and Warsaw in addition to its Helsinki base.

No current team members are available.