Monedo Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Out of Business

  • Employees
  • 223

Employees

  • Latest Deal Type
  • Liquidation

  • Investors
  • 3

Monedo General Information

Description

Developer of an online lending platform designed to create an alternative to the conservative lending model. The company's platform leverages combines non-traditional data sources and uses machine learning algorithms to score individuals online, through direct-to-consumer and point-of-sale distribution, enabling clients to have access to credit and convenience for digital banking services.

Contact Information

Website
www.monedo.com
Formerly Known As
Kreditech
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • Jürgen-Töpfer-Straße 50
  • Haus 18
  • 22763 Hamburg
  • Germany
+49 040
Primary Industry
Consumer Finance
Other Industries
Financial Software
Other Financial Services
Vertical(s)
Big Data, Industrials, Artificial Intelligence & Machine Learning, TMT, FinTech
Corporate Office
  • Jürgen-Töpfer-Straße 50
  • Haus 18
  • 22763 Hamburg
  • Germany
+49 040

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Monedo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
17. Bankruptcy: Liquidation 14-Sep-2020 Completed Bankruptcy: Liquidation
16. Later Stage VC Completed Generating Revenue
15. Later Stage VC 25-Sep-2019 Completed Generating Revenue
14. Later Stage VC 23-Jan-2019 Completed Generating Revenue
13. Later Stage VC Completed Generating Revenue
12. Later Stage VC 01-Nov-2018 Completed Generating Revenue
11. Early Stage VC 10-May-2017 Completed Generating Revenue
10. Later Stage VC 15-Dec-2016 Completed Generating Revenue
9. Later Stage VC (Series C) 24-Mar-2016 $103M $367M Completed Generating Revenue
8. Debt - General 21-Jan-2015 $200M $264M Completed Generating Revenue
To view Monedo’s complete valuation and funding history, request access »

Monedo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online lending platform designed to create an alternative to the conservative lending model. The company
Consumer Finance
Hamburg, Germany
223 As of 2020

Berlin, Germany
 

Tallinn, Estonia
 
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Monedo Competitors (23)

One of Monedo’s 23 competitors is Solaris, a Venture Capital-Backed company based in Berlin, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Solaris Venture Capital-Backed Berlin, Germany
Bondora Venture Capital-Backed Tallinn, Estonia
Wecash Venture Capital-Backed Beijing, China
Spotcap Formerly VC-backed Berlin, Germany
Axio (Financial Services) Venture Capital-Backed Bengaluru, India
You’re viewing 5 of 23 competitors. Get the full list »

Monedo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Monedo Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Hatcher+ Venture Capital Minority
Nurture Ventures Venture Capital Minority
Plug and Play Tech Center Accelerator/Incubator Minority
To view Monedo’s complete investors history, request access »

Monedo Acquisitions (1)

Monedo’s most recent deal was a Merger/Acquisition with Kontomierz.pl. The deal was made on 15-Jan-2015.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Kontomierz.pl 15-Jan-2015 Merger/Acquisition Financial Software
To view Monedo’s complete acquisitions history, request access »

Monedo FAQs

  • When was Monedo founded?

    Monedo was founded in 2012.

  • Where is Monedo headquartered?

    Monedo is headquartered in Hamburg, Germany.

  • What is the size of Monedo?

    Monedo has 223 total employees.

  • What industry is Monedo in?

    Monedo’s primary industry is Consumer Finance.

  • Is Monedo a private or public company?

    Monedo is a Private company.

  • What is Monedo’s current revenue?

    The current revenue for Monedo is .

  • How much funding has Monedo raised over time?

    Monedo has raised $547M.

  • Who are Monedo’s investors?

    Hatcher+, Nurture Ventures, and Plug and Play Tech Center have invested in Monedo.

  • Who are Monedo’s competitors?

    Solaris, Bondora, Wecash, Spotcap, and Axio (Financial Services) are some of the 23 competitors of Monedo.

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