
Work Here?
FinCompare is a Berlin-based fintech that provides a one-stop financing platform for small and medium-sized enterprises (SMEs) in Europe. It helps SMEs access a variety of financing options—such as loans, credit lines, and other financial products—by connecting them with multiple lenders through technology-driven matching and comparison tools. The platform works by aggregating lenders and products, allowing SMEs to explore, compare, and secure financing in a streamlined, online process; commissions and fees from successful deals generate revenue for FinCompare. Compared with other players, FinCompare differentiates itself through its dedicated focus on B2B financing for SMEs across Europe, offering a centralized marketplace and advisory-like support to simplify financing decisions. The company aims to become Europe’s leading financing platform for SMEs, supporting the growth and flexibility of small businesses by improving access to capital.
Industries
Fintech
Financial Services
Company Size
1-10
Company Stage
Series A
Total Funding
$27.8M
Headquarters
Berlin, Germany
Founded
2016
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$27.8M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Liberis, a global embedded finance platform, has partnered with Fincompare, Germany’s largest small business broker marketplace, to bring its revenue-based financing solution to over 25,000 small and medium-sized businesses (SMBs) across the country.Through this collaboration, SMBs in Germany, particularly in the e-commerce and hospitality sectors, will have access to fast and flexible funding solutions tailored to their needs. By leveraging Fincompare’s extensive broker network, Liberis will expand its footprint in Germany, providing SMBs with an alternative to traditional financing that aligns with their revenue flow.“We’re excited to be expanding our footprint in the German market, and our partnership with Fincompare represents a significant step toward making flexible, alternative financing more accessible to small businesses,” said Rob Straathof, CEO of Liberis. “SMBs need funding solutions that work with their cash flow, not against it. By integrating with Fincompare’s extensive broker network, we’re making it easier than ever for thousands of businesses to get the capital they need to grow, invest and accel.”Businesses will be referred to Liberis through Fincompare’s broker network, ensuring a streamlined, expert-guided financing experience. Merchants will benefit from:Revenue-Based Finance: A funding model where payments are based on business revenue rather than fixed monthly installments.A funding model where payments are based on business revenue rather than fixed monthly installments. Flexible use of funds: Businesses can use funds for stock purchases, cash flow management, operational expenses, and expansion.Businesses can use funds for stock purchases, cash flow management, operational expenses, and expansion
Liberis, a global embedded finance platform, has partnered with Fincompare, Germany’s largest small business broker marketplace, to bring its revenue-based financing solution to over 25,000 small and medium-sized businesses (SMBs) across the country.Through this collaboration, SMBs in Germany, particularly in the e-commerce and hospitality sectors, will have access to fast and flexible funding solutions tailored to their needs. By leveraging Fincompare’s extensive broker network, Liberis will expand its footprint in Germany, providing SMBs with an alternative to traditional financing that aligns with their revenue flow.“We’re excited to be expanding our footprint in the German market, and our partnership with Fincompare represents a significant step toward making flexible, alternative financing more accessible to small businesses,” said Rob Straathof, CEO of Liberis. “SMBs need funding solutions that work with their cash flow, not against it. By integrating with Fincompare’s extensive broker network, we’re making it easier than ever for thousands of businesses to get the capital they need to grow, invest and accel.”Businesses will be referred to Liberis through Fincompare’s broker network, ensuring a streamlined, expert-guided financing experience. Merchants will benefit from:Revenue-Based Finance: A funding model where payments are based on business revenue rather than fixed monthly installments.A funding model where payments are based on business revenue rather than fixed monthly installments. Flexible use of funds: Businesses can use funds for stock purchases, cash flow management, operational expenses, and expansion.Businesses can use funds for stock purchases, cash flow management, operational expenses, and expansion
GSK Stockmann advised FinCompare on acquiring Compeon from the insolvent Dock Financial GmbH through a share deal. This merger will create the leading digital broker for financing and leasing products in the German SME sector, enhancing FinCompare's market position and product range. The purchase price remains confidential. Key advisers included Jens Uwe Rügenhagen and Rebecca Comtesse, among others, from GSK Stockmann.
Intellias, a global technology partner to Fortune 500 enterprises, has announced its role in supporting Germany-based FinCompare, a financing platform for SMEs, with its full-cycle development of Software-as-a-Service market network and subsequent financing from Volksbanken Berlin. Intellias managed the project’s delivery model to offer a one-place system for banking needs in which users can fill in data, send documents for recognitions, and then go to the final advisor to decide whether an applicant’s loans continue. Launched in 2017, FinCompare allows corporate customers to find, compare, and, in some cases, complete a full range of financing options, including loans, leasing, factoring, and purchase financing from more than 200 banks, alternative financing service providers, and promotional banks. In 2022, Intellias supported FinCompare with the running of the delivery model to alleviate pressures with running the project. This included occupying all the leading positions on the project, with Intellias experts taking charge of the delivery process, which involved forming teams, overseeing workflows, reworking existing functionalities, developing new features, and integrating the product with over 50 third-party services. This project resulted in Intellias facilitating communication between FinCompare and Volksbanken Berlin, to identify and implement a financing opportunity
Germany-based corporate financing platform FinCompare has announced connecting the direct bank ING Germany via an interface. This allows SMEs to exchange documents and data for the loan conclusion and make credit decisions faster (within 15 minutes). Thanks to the API connection between the FinCompare platform and ING, loan application processes can be largely automated up to a financing amount of EUR 750,000 and a maximum term of five years.How the procedure works. If a company decides to take out a loan from ING, FinCompare sends the application to the bank via the API. Within a few minutes, FinCompare and the SME customer will receive an answer from ING as to whether the loan approval can be made. In this case, the application will be processed further and the necessary data will also be exchanged via the API until the financing has been successfully completed. Other collaborationsIn addition to ING, FinCompare has also connected other credit institutions, such as VR Smart Finanz, and financial service providers, such as iwoca
Find jobs on Simplify and start your career today
Industries
Fintech
Financial Services
Company Size
1-10
Company Stage
Series A
Total Funding
$27.8M
Headquarters
Berlin, Germany
Founded
2016
Find jobs on Simplify and start your career today