The German FinTech sector is likely to suffer its first decline...
FinTech funding in Germany in H1 declined by 73.3% compared to the opening six months of 2019.
Smava sale, IPO could see consumer credit business hit $500m valuation
Private equity-backed online consumer credit platform Smava is reportedly being prepared for a sale or IPO which could see it valued at up to $500m.
smava receives $65m round led by Vitruvian Partners
Germany-based consumer loan portal smava has received a $65m funding round led by Vitruvian Partners.
Smava scoops up $34m for online loans marketplace
Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.