What is Finanzcheck?
FINANZCHECK.de operates as a leading online platform dedicated to providing free and independent comparisons of diverse loan offers. The company empowers individuals to identify optimal credit solutions across various loan types, including personal loans, auto financing, and mortgages, by partnering with over 20 financial institutions. Their customer-centric approach emphasizes personalized consultations, real-time credit offer generation, and the secure management of sensitive client data, aiming for high customer satisfaction and efficient digital loan acquisition.
How much funding has Finanzcheck raised?
Finanzcheck has raised a total of $50.6M across 2 funding rounds:
Series B
$13M
Series C
$37.6M
Series B (2015): $13M with participation from Highland Europe
Series C (2016): $37.6M led by HarbourVest, Acton Capital, and Highland Europe
Key Investors in Finanzcheck
HarbourVest
HarbourVest Partners is a global private markets investment solutions provider, offering fund investing, secondary, and direct co-investments. Headquartered in Boston, Massachusetts, they manage commingled funds and separately managed accounts.
Acton Capital
Acton Capital is a venture capital firm specializing in Series A and later-stage investments, focusing on scalable companies. They typically invest 5-10 million euros in European and Canadian startups across sectors like SaaS, health, and marketplaces.
Highland Europe
Highland Europe provides growth capital to European and Israeli software and consumer companies, focusing on product-led businesses with strong customer momentum. They manage over $3 billion in assets and support ambitious teams ready for scaling.
What's next for Finanzcheck?
The recent major strategic investment in Finanzcheck signals a pivotal phase for the company, likely aimed at expanding its market reach, enhancing its technological infrastructure, and potentially exploring new financial product verticals. This infusion of capital, following substantial prior funding rounds, positions Finanzcheck for accelerated growth and consolidation within the competitive online lending comparison landscape. The company's focus on streamlining the loan application process and ensuring customer satisfaction will be critical as it navigates this next stage of development.
See full Finanzcheck company page
