Monedo (Formerly Kreditech)

Uses machine-learning technologies to provide access to better credit for the underbanked.

Launch date

Feb 2012

Employees

Market cap

Enterprise valuation

Hamburg Germany (HQ)

Revenues, earnings & profits over time

EUR	2014	2015
Revenues	21.0m	45.0m
% growth	-	114 %

Source: Dealroom estimates

Date	Investors	Amount	Round
-	10x	N/A	-
Mar 2012	Nils Holger Henning Digital Pioneers	N/A	Seed
Jun 2012	Point Nine	$1.0m	Seed
Dec 2012	Blumberg Capital Point Nine	$4.0m	Series A
Apr 2013	Blumberg Capital Point Nine Global Founders Capital	$3.0m	Series A
Sep 2013	Kreos Capital	$5.0m	Debt
Jan 2014	Kreos Capital	$10.0m	Debt
Jun 2014	Blumberg Capital HPE Growth Point Nine Värde Partners	$40.0m	Series B
Nov 2014	N/A	N/A	Secondary
Jan 2015*	Victory Park Capital	$200m	Lending Capital
Sep 2015*	J.C. Flowers & Co.	€82.5m	Series C
Mar 2016*	International Finance Corporation	$11.0m	Series C
Dec 2016*	Rakuten	$10.4m	Series D
May 2017*	PayU	€110m	Late VC
Jan 2019*	Varengold	N/A	Late VC
Jul 2019	HPE Growth	N/A	Late VC
Sep 2019*	Amadeus Capital Partners HPE Growth Runa Capital	€20.0m	Late VC
Jan 2020*	HPE Growth	€7.2m	Late VC
Sep 2020	N/A	N/A	Bankruptcy
Total Funding		$311m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Monedo (Formerly Kreditech) Jan 2015

ACQUISITION by Monedo (Formerly Kreditech) Jan 2015

Financials