FinCompare receives €2.5 million in seed financing

By Deutsche Bourse

FinCompare from Berlin has completed its seed financing, collecting a total of €2.5 million.

Investors are two Austrian companies, VC Speedinvest and insurance company Uniqa as well as Business Angel André Bajorat, among others.

The company with its 30 employees is a financing platform that gives loans to start-ups and medium-sized companies. These loans can be between €10.000 and €5 million. FinCompare is able to provide its customers with easier access to loans than a conventional bank. Such loans are especially important for start-ups and medium-sized companies, e.g. to pay off deliveries.

FinCompare has been a member of Deutsche Börse Venture Network since May 2017.