Zencap

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Zencap was a German company, operating a peer-to-peer lending platform, which allowed private savers to lend money directly to small and medium-sized businesses in Germany, Spain, and the Netherlands. Using the crowdfunding model, the company based in Berlin, Germany aimed to create a direct link between private lenders and small businesses seeking loans. As of December 20141, Zencap had facilitated 5 million Euro in loans to small and medium-sized firms. In October 2015, the company was merged with Funding Circle, being active on UK and US.

Zencap was a German company, operating a peer-to-peer lending platform, which allowed private savers to lend money directly to small and medium-sized businesses in Germany, Spain, and the Netherlands. Using the crowdfunding model, the company based in Berlin, Germany aimed to create a direct link between private lenders and small businesses seeking loans. As of December 2014, Zencap had facilitated 5 million Euro in loans to small and medium-sized firms. In October 2015, the company was merged with Funding Circle, being active on UK and US. ==Origin== The company, based in Berlin, was founded in March 2014 by Christian Grobe and Matthias Knecht, with support from Rocket Internet.

Text derived from https://en.wikipedia.org/w/index.php?oldid=1359653839 under CC BY-SA 4.0; modifications have been made.

References

  1. ↩Wikipedia date of foundation (×1) · confidence 0.95 https://en.wikipedia.org/w/index.php?oldid=1359653839