smava is a provider of an online peer-to-peer lending marketplace. The company provides an online comparison site for personal loans where participant receives loan online and investors provide funds to borrowers and lend money.
smava 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.
smava GmbH was founded in 2007 by Alexander Artopé and is headquartered in Berlin, Berlin, Germany.
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.
smava has raised a total of $127.9M in 5 funding rounds as of Jan 9, 2018 when the company secured their last funding of a Series D round bagging $65M from Vitruvian Partners & Runa Capita.
smava in the News:
smava partners with FinTecSystems for fully automated loan system.