Kreditech Group’s mission is to improve financial freedom for the underbanked by the use of technology. Combining non-traditional data sources and machine learning, the Company is aiming to provide access to better credit and a higher convenience for digital banking services. The product offerings include consumer loans, a digital wallet and a personal finance manager designed to help customers manage their credit score and plan their spending. Kreditech also offers a “credit as a service” model, allowing partners to integrate its credit products as payment method or funding source. Founded in 2012 and headquartered in Hamburg, Germany, Kreditech has processed almost three million loan applications through its subsidiaries. The company is led by CEO and Co-Founder Alexander Graubner-Müller and is financially backed by world-class investors including J.C. Flowers, Peter Thiel, and the World Bank’s IFC.

Primary Company Info

Hamburg, Germany
Year Founded:
Company Segment:
Fraud Protection & Credit Analysis
Active Markets:

NC Company Overview

Kreditech Holding is a financial technology company that offers a range of solutions related to lending, digital banking, and credit management. It offers consumers a digital wallet facility and a personal finance assistant product that consumers can use to manage their credit score if they are working to improve it. Kreditech also has technologies focused on providing better credit access for consumer loans, using cutting-edge machine learning and big data approaches. By using its own scoring algorithms and non-traditional data sources, Kreditech can make fast lending decisions and recommendations. Kreditech partners with financial services companies, too, and enables them to integrate their own offerings with their solutions. Kreditech Holding, based in Hamburg, Germany, was established in 2012. The CEO is Alexander Graubner-Muller, who is also one of Kreditech’s co-founders. The business has the financial backing of the World Bank IFC, Kreos Capital, Varde, Amadeus, HPE Growth Capital, Blumberg Capital, Rakuten, PayU, JC Flowers and Peter Thiel, and operates in a number of international markets, including Russia, Spain, Mexico, India, and Poland, as well as its native Germany. As of May 2019, Kreditech Holding has over 350 employees and has processed loan applications for over four million customers, with over two million loans arranged.

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