cashpresso - About the company
cashpresso is a series A company based in Munich (Germany), founded in 2015 by Daniel Strieder. It operates as an Online platform for consumer loans. cashpresso has raised $7.01M in funding from investors like Speedinvest, Dieter von Holtzbrinck Ventures and Hevella Capital. The company has 3 active competitors, including 1 that is funded. Its top competitors are Raiffeisen Digital Bank and Profin.
Company Details
Cashpresso provides an online platform for consumer loans. It offers loans for personal credit lines and point of sale financing. Point-of-sale financing allows users to pay-in-installments for respective products at the time of purchase. Users need to provide personal details for registration and availing credit lines. Users also need to log in to existing bank account via online banking access during registration for checking credit scores. It also offers an app for iOS and Android devices.
- Email ID
- *****@cashpresso.com
Key Metrics
Founded Year
2015
Location
Munich, Germany
Stage
Series A
Total Funding
$7.01M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 3 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2018
Employee Count
35 as on May 31, 2026
Legal entities associated with cashpresso
cashpresso is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Deutsche Handelsbank AG CIN: HRB183219 , Germany, Active | Dec 31, 2014 | €10M - €50M (As on Dec 31, 2018) | 77 (As on Dec 31, 2020) |
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cashpresso's funding and investors
cashpresso has raised a total funding of $7.01M over 3 rounds. Its first funding round was on Sep 09, 2016. Its latest funding round was a Series A round on Jun 11, 2018 for $*****. 1 investor participated in its latest round. cashpresso has 7 institutional investors.
Here is the list of recent funding rounds of cashpresso:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2018 | 1919949 | Series A | 2142410 | 3897301 | 2889049 | 7457909 |
Feb 23, 2017 | 4255666 | Series A | 7232553 | 9167181 | 2522893 | |
Sep 09, 2016 | 3556465 | Seed | 6669463 | 3782672 | 7201168 |
View details of cashpresso's funding rounds and investors
cashpresso's founders and board of directors
Founder? Claim ProfileThe founders of cashpresso is Daniel Strieder.
Here are the details of cashpresso's key team members:
- Daniel Strieder: Co-Founder & CEO of cashpresso and founder of 1 other company. Contact Info: 1 email address
View details of cashpresso's Founder profiles and Board Members
cashpresso's employee count trend
cashpresso has 35 employees as of May 26. Here is cashpresso's employee count trend over the years:
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cashpresso's Competitors and alternates
Top competitors of cashpresso include Raiffeisen Digital Bank and Profin. Here is the list of Top 10 competitors of cashpresso, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | cashpresso 2015, Munich (Germany), Series A | Online platform for consumer loans | $7.01M | 47/100 | |
2nd | Raiffeisen Digital Bank 2021, Vienna (Austria), Unfunded | Online platform for personal loans | - | - | 43/100 |
3rd | AI-based marketplace for consumer loans | - | - | 24/100 |
Looking for more details on cashpresso's competitors? Click here to see the top ones
cashpresso's Investments and acquisitions
cashpresso has made no investments or acquisitions yet.
Reports related to cashpresso
Here is the latest report on cashpresso's sector:
News related to cashpresso
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Vienna-based fintech startup cashpresso closes €3.5 million in a Series A funding roundEU-Startups•Jun 11, 2018•cashpresso, Hevella Capital
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Credi2, Creator of Cashpresso, Receives €2 Million in FundingCrowdfund Insider•Feb 22, 2017•cashpresso
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