Overview

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Total Equity Funding
$29.07M in 3 Rounds from 7 Investors
Most Recent Funding
$16M Series B on April 20, 2015
Headquarters:
Berlin
Description:
Smava is an online social lending platform that facilitates peer-to-peer lending services.
Founders:
Categories:
Peer to Peer, Lending, Finance
Website:
http://www.smava.de
Social:

Company Details

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smava.de is Germany's largest online credit market. Borrowers can obtain cheap online credit at smava.de as a clever alternative to a bank loan with investors financing these loans directly. This way, smava.de establishes a direct connection between investor funds and the use of these funds by private persons and the self-employed. The resulting savings are passed on to customers in the form of better terms: Borrowers receive cheaper credit than is available to them through banks and investors benefit from better yields than could be obtained from other interest-bearing investments. smava GmbH is a German company headquartered in Berlin and is managed by an experienced team of finance and Internet experts. Since its launch in 2007, more than 15,000 investors and 6,000 borrowers have done business with each other through the smava.de credit market, with loans totalling around EUR 55 million in value.

Funding Rounds (3) - $29.07M

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2015$16M / Series B3
Nov, 2011€5.5M / Undisclosed2
May, 2007€4M / Series A5

Current Team (1)

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Board Members and Advisors (2)

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Offices/Locations (1)

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  • Headquarters

    Berlin,

    DEU

Past Team (2)

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Images (1)

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