- 8,000 data points per loan application
- Average decision time per loan application less than 1 minute
- >8.5mn USD revenue in 2013 (after 17 months of first market launch) (Updated)
- Approaching 10mn USD revenue early 2014
- >35mn USD in loans (run rate per January 2013) (Updated)
- <10% average loan loss in profitable core market Poland
- Currently doubling revenues every quarter
- Debt refinancing by Kreos Capital 9mn USD credit line in Jan. ’14 (in total 15mn USD) (Updated)
- Profitable in Poland on a full-cost basis
- Over 290.000 applications processed in total till End of 2013 (Updated)
- Over 1.000 applications per day in average
- Looking for a new Series B fundraising by the End of Q1 2014
- Founded by Sebastian Diemer (CEO) and Alexander Graubner-Müller (CTO) February 2012
- Various credit products available in Poland, Spain, Czech, Russia, Mexico
- Releasing further retail banking products in 2014 (e.g. Prepaid Credit Cards)
- 25% of customers use mobile applications
- Over 75 full time employees from 18 different countries (+ 2 new hires per week)
- Launched installment loans up to 12 months and up to 10.000 Złoty in Poland (End of Oct. 2013)
- 4 to 6 new countries will be launched in 2014, including Australia and Argentina
- Currently entities in Poland, Spain, Czech Republic, Russia, Mexico, Australia, Argentina, Ukraine, Peru, Dominican Republic
- Company is turning profitable till mid of 2014
- 22.5mn USD raised by most influential European business angels (Samwer Brothers, Michael Brehm, Stefan Glaenzer, Heiko Hubertz, etc.) and fonds (Global Founders Capital, Point 9 Capital, Kreos Capital, Greycorp etc.)
[…] und sucht aktuell eine weitere Finanzierung. Weitere Hard- und Softfacts über Kreditech sind hier zu […]