FinCompare is a fintech startup that offers a comparison platform for SME financing.
FinCompare's vision is to become Europe’s leading financing platform for small and medium-sized enterprises (SMEs).
FinCompare was founded in 2016 by Stephan Heller. The company is headquartered in Berlin, Germany.
FinCompare's platform provides SMEs with tailor-made financing solutions from more than 250 banks, both directly and indirectly. On the other side, it is currently used by more than 1,000 financial advisors for their daily brokerage businesses with their customers.
FinCompare’s technology is able to identify the financing potential of a company in an automated manner, and then create highly dynamic financing mixes that best fit a customer’s specific needs, situation, or creditworthiness.
FinCompare is backed by Speedinvest, ING Ventures, UNIQA Ventures, Elevator Ventures of Raiffeisen Bank International AG and others. The company raised an additional €12M to bring the Series A total funding to €22M. The round also brings the total amount raised by FinCompare to €24.5M to date.