bezahlt.de secures €5.5m seed funding

FinTech Collective

January 19, 2017

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FinTech Collective

Berlin based online invoice financing platform bezahlt.de has raised €5.5m in Series Seed funding from Redalpine, DN Capital, Point Nine Capital and Fly Ventures. bezahlt.de, which is run by Blackbill Internet, is an invoice financing company that focuses freelancers and self-employed workers.

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The company intends to use the funds to scale the product in Germany and internationally. Co-founded by Naveen Prasad, Sebastian Diemer, Daniel Schlotter, and Kenan Deniz, bezahlt.de offers collateralized funding for small and medium businesses by leveraging advanced AI-powered credit scoring technology. Based on fully digital, automated and data-driven processes, the platform provides pre-financing for invoices within 24 hours without undue interference in the client relationships of their users.

http://www.finsmes.com/2017/01/bezahlt-deblackbill-raises-e5-5m-in-seed-funding.html