BMH Beteiligungs-Managementgesellschaft Hessen mbH has again participated as a co-investor in a further financing round of CAPTIQ GmbH.
The Frankfurt-based fintech company has developed a credit platform specializing in financing for chamber professionals. The completely automated process from the application to the disbursement of the loans is particularly geared towards financing requests of less than €250,000.
Read more about Captiq and find the most important financial news of the day with our companion app Born2Invest.
CAPTIQ GmbH was founded in 2017 by Soraya Braun and Lorenz Beimler as a result of project work at the Finance Chair of Frankfurt University
The credit brokerage platform is aimed at practitioners of professions that require chamber membership, such as doctors, engineers, tax consultants, or lawyers. Despite their generally excellent creditworthiness, it is a challenge for this target group to obtain smaller loans of less than €250,000 in particular.
These are often rejected by traditional banks because the amount of work involved in checking for a loan is disproportionate to the income – which is also due to the fact that the lending process in the business customer segment of many banks has hardly been digitized to date.
CAPTIQ, unlike other market players, offers web-based lending exclusively for chamber professionals, which at the same time creates an alternative investment opportunity for investors. What is unique about CAPTIQ’s product offering is that almost the entire process is managed by the company, as, unlike most alternative lending platforms, refinancing is also integrated into the value chain.
This results in significantly higher scaling potential in terms of volume and the resulting revenues. In addition, there are clear cost and efficiency advantages compared to other product solutions established in the market. Only recently, the company was able to achieve a time record of 2 hours and 43 minutes for the process from loan request to disbursement.
How will CAPTIQ use the capital raised
The capital raised in the high six-figure range, half from the Hessen Kapital I GmbH fund and a half from existing shareholders, will be used primarily for business operations. This also includes the expected expenses for the realization of the bond placement.
“We are pleased that we were once again able to attract BMH as an investor,” said CEO and founder Soraya Braun, adding, “With the implementation of this financing round, the company is excellently positioned for future challenges.”
“CAPTIQ was able to successfully place the product solution on the market despite difficult market conditions. The positive references and the high demand make us confident that further business development will be successful,” says the responsible investment manager Jürgen ten Elsen from BMH, which manages the Hessen Kapital I GmbH fund, among others.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in FUNDSCENE, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Esperio Partners Review]
This week, we're here to tell you why affiliate marketing is the meaning of life. And no, that's not a...
Binance: Problems with Paysafe and SEPA – Customers Should Exchange Euro for Tether
It is known that Binance has problems with regulators in several European countries, including Germany. But the fact that support...
Qualitime Plans to Reach a Turnover of €11 Million in 2026
At the moment, Qualitime application has 1,800 registered visitors from the main laboratories in the country and about 400 health...
Peruvian Mining Companies Urged to Focus on Redouble ESG Certification Efforts
Experts recently said that the ESG certification of mining companies with operations in Peru will become increasingly important. They also...
Safeguarding Your Business Funds in Periods of Economic Uncertainty
The dust hasn’t yet settled from the 2023 banking crisis, and another closure could very well be right around the...
Business1 week ago
Use This AI-Powered Money Saving App to Boost Your Finances
Markets6 days ago
Markets Heated Up This Past Week as Guidance from the Fed Was Bearish
Crowdfunding2 weeks ago
Out Of Raises €2.4 Million Through Equity Crowdfunding, in 2 Weeks
Fintech3 days ago
CNBV Calls for Unity in the Mexican Fintech Sector to Drive its Development