Speedinvest
Financial services are the central nervous system of every economy. At Speedinvest, we are firm believers that innovation in financial services has only scratched the surface. Opportunities to fundamentally reinvent and redefine old models, products and services exist across every vertical of finance.
The Speedinvest Fintech team views the fintech space broadly and invests in core finance, technology-enabled products addressing finance, and platform, data & infrastructure for embedded finance and new financial products.
TICKET SIZE
€150k-4M
We invest in Pre-Seed, Seed, Series A and beyond.
Fintech Founder Network
Partners
We magnify our value add through our tight community of leading Fintech entrepreneurs, portfolio founders, venture partners and LPs.
TARGET REGION
Europe +
While focused on Europe, we are also open to opportunities in emerging markets.
We are on a mission to fund and support the best entrepreneurs to build category leaders in Fintech. Whether in retail banking, business banking, payments, insurance, wealth management or capital markets, Fintech entrepreneurs in Europe and emerging markets can count on our support.
We are inspired by founders who challenge the status quo and transform products and services. You can trust our hands-on operational support, shaped by the experience and networks of our team and wider ecosystem.
“Speedinvest has been a value-add partner from the very beginning. They not only helped us establish a successful framework for testing and optimizing our growth and marketing strategy, but have also been instrumental in our international expansion efforts.”
Julian Teicke, Founder & CEO
wefox Group
“Speedinvest is probably the most connected and renowned early-stage Fintech VC in Europe. They’ve really helped kick-start Luko’s growth and momentum toward becoming a European leader.”
Raphael Vullierme, Founder & CEO
Luko
Team
Portfolio
Grid View
www.wefox.de
Wefox
The InsurTech-Startup, Wefox was founded in Switzerland in November 2014. It successfully operates across Germany, Austria and Switzerland. The Wefox-platform allows customers, brokers and insurance companies to digitally manage their insurance products. This is where the Wefox-App and Brokerportal come into play. Since the acquisition of the startup ONE, Wefox also offers its own insurance service.
By combining advanced technology with traditional insurance consulting know-how, Wefox has grown its company to over 250,000 customers and more than 300 featured insurance companies in less than four years.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2016
2016
Sector:
Fintech
Fintech
www.bitpanda.com
Bitpanda
Bitpanda is transforming the way retail investors trade by enabling access to tokenized digital assets. Through tokenization Bitpanda is able to offer fractional shares of any asset class, whether these be traditionally liquid (Stocks, Bonds, ETF’s) or illiquid (Real Estate, Private Equity). The platform currently supports over 30 digital assets including currencies and precious metals (Gold, Silver, Platinum, Palladium). Bitpanda’s transparency and accessibility is supported through services like 24/7 trading, real-time settlement, no minimum fees and cross-platform compatibility (iOS, Android, desktop). With a vision to become Europe’s leading Neobroker, Bitpanda is rapidly expanding its platform across countries and asset classes.
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2020
2020
Sector:
Fintech
Fintech
www.imaginecurve.com
Curve
Curve helps people simplify their finances by connecting different debit and credit cards as well as accounts to one single card and smart app. The app serves as a dashboard where people can manage their different accounts as well as keep track of their spending habits.
Curve also helps address the privacy and security aspect of payments. The app automatically alerts users every time the card is used and gives people the ability to instantly lock the card from the app in case of fraudulent payments or loss as well as unlock it again later.
Curve’s connected card is a MasterCard® card available across the UK and EEA issued by Wirecard Card Solutions Ltd.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2015
Sector:
Sector:
Fintech
www.fraugster.com
Fraugster
Fraugster is a German-Israeli anti-fraud company with the goal of eliminating payment fraud in ecommerce. The company has developed an artificial intelligence technology that predicts fraudulent transactions before they happen– giving them a distinct competitive advantage over every other player in the anti-fraud space.
Fraugster, led by two industry experts, has been operating across the globe since 2016 and is responsible for tens of billions of dollars for their clients. Their products are used and trusted internationally by leading payment companies such as Ingenico ePayments and Credorax.
Investment Manager:
Oliver Holle
Oliver Holle
Year invested:
2015
2015
Sector:
Deep Tech
Deep Tech
www.billie.io
Billie
Billie is a Berlin-based fintech startup that helps small businesses get access to working captial through invoice financing. Their service allows SMEs and freelancers the opportunity to pre-finance their invoices by purchasing all liabilities from third parties and settling the outstanding amount. Their platform leverages big data analytics and fully automated processes to facilitate the financing process.
The company banks on its strong partnership with Wirecard bank and the founders’ strong expertise in the online lending space. The founding team has previously founded and grown online lending platform Zencap which was acquired by Funding Circle in 2015.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2016
2016
Sector:
Fintech
Taxscouts
TaxScouts was founded in late 2017 to simplify the experience of tax assessment and filing. With an increasing amount of people experiencing non-standard income and with late fines in the UK amounting to billions in one tax season alone, TaxScouts is seeking to redefine the experience of preparing and filing personal income tax to make it seamless for everyone.
TaxScouts is building the layer of automation required to be able to calculate, assess and reliably file personal income tax for non-standard incomes including professional freelancers, landlords, high earners and more.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2018
2018
Sector:
Consumer Tech
Consumer Tech
Tide
Tide was founded in 2015 to fill in a huge gap in the market; SMEs are significantly underserved by traditional financial institutions who offer high cost, one-size-fits-all products that focus on enterprise client needs. Exacerbated by tighter regulation post 2008 financial crisis and enabled by the proliferation of digital, Tide is redefining business banking through a digital-first, hassle-free proposition that addresses the holistic needs of SMEs.
Following a platform approach, Tide is focused on building automation on all admin-related functionality while partnering with best in class fintech companies to offer a fully fledged banking experience, including payment acceptance, FX, credit and many more services such as employee expense management.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2018
2018
Sector:
Fintech
Fintech
Agro.Club
At its core, Agro.Club is a digital platform that enables farmers to buy and sell all of their agricultural products. It seamlessly links the three major players in the agricultural value chain: input providers, farmers and food processors / retailers.
At the same time, it creates an ecosystem for farmers in which to get market analytics, exchange best practices and share general industry insights. This setup allows the company to obtain all kinds of data on the farmer and, more specifically, their needs. Agro.Club leverages this data to offer a variety of financial services to the marketplace constituents at the right point in their respective customer journeys.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2020
2020
Sector:
Fintech
Fintech
BukuKas
BukuKas is bringing Indonesian merchants and SME’s online through their digital accounting software. 91% of Indonesian SME’s still use paper-based bookkeeping and memory-based personal credit management. They have no possibility of accepting digital payments or recording their day-to-day financial transactions in a seamless and efficient manner. BukuKas enables this functionality for them through their mobile application.
The solution is an all-encompassing ecosystem for sales and expense tracking, performance reporting, loan record functionality and general accounting with a vision to eventually become a full-stack digital bank for merchants. Through their application and broader company vision, BukuKas is bringing a market of 50M SME’s into the 21st century and spearheading financial inclusion in Indonesia.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2020
2020
Sector:
Fintech
Fintech
Bnext
Bnext has been able to outperform existing Neobanks in Spain (one of the toughest markets – 2nd most banked market in the world), due to a better market dynamics understanding and the fact that they were able to offer a complete banking experience from day one. Bnext has +120k active clients in Spain.
And that is exactly Bnext’s USP! Due to the fact that they “outsource” banking functionalities (lending, investing, transfers, insurance etc.) to other financial institutions, they offer a full banking experience from day one.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2019
2019
Sector:
Fintech
Fintech
www.candis.io
Candis
Candis makes workflows intelligent using an artificial intelligence tool that helps companies automate repetitive bookkeeping processes such as categorizing different invoices. The software can collect and handle invoices automatically and make sure everybody is paid on time, saving 80% of manual work. CANDIS also offers a special service for tax accountants facilitating the collaboration with clients and automating certain processes.
Candis was founded by after the team won a Hackaton in Frankfurt in 2015. Within less than a year, the company had received a 7-figure investment and scaled to over 20 employees and more than 500 customers.
Investment Manager:
Michael Schuster
Year invested:
2017
Michael Schuster
Year invested:
2017
Sector:
Fintech
Fintech
Luko’s revolutionary home insurance is simple: customers get covered in 2 minutes, claims paid in 2 hours, and repairman’s visit your home in 2 days. Offering a new transparent and responsible model, Luko transforms insurance core business model to align the interests of the tenant and the insurer. The company provides AI and ‘plug&play’ smart devices that monitor consumptions in order to identify and prevent disasters, such as flooding, fire and burglary. Launched in May 2018, Luko is the number 1 neo insurance in France and insures thousands of homes.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2019
2019
Sector:
Fintech
Fintech
Ready2Order
ready2order offers a multi-award winning, cloud-based point-of-sale solution that transforms every smartphone, tablet and PC into a fully functional cash register. Companies that use ready2order have access to a range of awesome tools that are more powerful and easier to use than enterprise systems – but only for a fraction of the cost. The ready2order GmbH was founded in 2015, and is managed by Markus Bernhart (CEO), Christopher Fuchs, (CTO) and Christoph Zhu (COO) and run by over 60 employees at two locations in Vienna
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2019
2019
Sector:
Fintech
Fintech
Finnu
Finnu is a Fintech startup in the asset-backed lending space using hybrid credit scoring models and mobile device management technology (MDM) to provide affordable credit to the un-and underserved adult population in emerging markets via its mobile application.
They are on a mission to improve Financial Inclusion, provide affordable credit to any borrower with a smartphone and, ultimately, improve its financial health.
Investment Manager:
Dawid Rylski
Dawid Rylski
Year invested:
2020
2020
Sector:
Fintech
Fintech
www.iyzico.com
Iyzico
Iyzico is Turkey’s leading ePayment company offering businesses easy solutions to accept payments online. The platform is tailored to the needs of the local market and integrates with over 22 different payment options and banks. Customers appreciate the easy setup process and features such as recurring payments and Iyzico’s marketplace solution.
Iyzico was founded in 2012 with a vision to create easy, innovative, and secure payment solutions. As of May 2017, it has powered over 10,000 merchants and 200,000 seller accounts via online marketplaces and is now the fastest growing payments provider in Eastern Europe and Turkey. To date, Iyzico has raised over $24MM USD in funding from investors.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year acquired:
2019
Year invested:
2013
Sector:
Fintech
EstateGuru
Through a technology-enabled platform, EstateGuru connects borrowers and lenders and enables fast, transparent and cost-effective funding solutions. The company aims to become the largest real estate financing platform in Europe.
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2018
2018
Sector:
Fintech
Fintech
Koalaboox
Koalaboox’ e-invoicing Software as a Service helps SMEs simplify their daily invoicing and accounting processes through tracking of revenues, expenses and payments. Additionally, it offers a one-click invoice financing solution built into the platform, allowing clients to fund invoices and solve their working capital needs
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2019
2019
Sector:
Fintech
Fintech
Open
Open is a business banking platform that combines everything from invoicing to banking, payroll and automated accounting in one place. It also offers the best of the classic banking services like (internet banking, cheque books, Debit card) along with these additional features.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2019
2019
Sector:
Fintech
Fintech
Cobee
Cobee is an employee benefits company that is using new technologies to disrupt the big benefit market that has been traditionally dominated by big incumbent players. All our efforts are focused on making employees feel HAPPY about their benefits, trying to unify the value proposition in an UNDERSTANDABLE and EASY TO USE formula.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2020
2020
Sector:
Fintech
Fintech
Grandhood
Grandhood is the first company worldwide to offer an occupational pension based on the needs of small businesses. It stands out with its simplicity and applicability apart from large-scale enterprises.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2018
2018
Sector:
Fintech
Fintech
http://www.primerapi.com/
Primer
Primer aims to unify and supercharge merchants’ fragmented payments ecosystems through a single platform. By delivering data-driven insights across our entire merchant-base, Primer can optimise front and backend payment flows in order to increase authorisation rates, reduce costs, expand into new markets and deliver leading-edge commerce experiences to customers.
Investment Manager:
Anthony Danon
Year invested:
2020
Sector:
Fintech
https://receeve.com/
Receeve
Receeve is turning the current way of collecting debt upside down, by using AI to provide personalised collections and replace the outdated process of lenders using phone calls or letters to reach indebted clients. With Receeve, firms can communicate with their customers digitally, on any device, and customers have the option of self-service to manage their issues. The platform covers the entire collections lifecycle from managing receivables to servicing NPL portfolios. The net effect is to empower individuals across Europe and beyond to get on the road to better financial health, increase recovery rates and lower costs compared to incumbent agencies.
Investment Manager:
Tom Lesche
Year invested:
2020
Sector:
Fintech
https://www.fairmoney.ai/
FairMoney
FairMoney leverages Big Data to give access to credit to 2BN people. Consumers and businesses in Emerging Markets suffer from missing access to credit. FairMoney uses advanced machine learning applied to smartphone data to build credit scores and distribute credit through an mobile application.
Investment Manager:
Enrique Martinez-Hausmann
Year invested:
2018
Sector:
Fintech
Factris provides technology, financing and insurance services focused on helping small and medium sized businesses meet their cash management and financing needs.
Factris
Factris provides asset based financing, mostly using outstanding invoices as collateral to improve client cashflow and working capital.
The company works directly with businesses or via financial intermediaries or entrepreneurial brokers to deliver its services in a quick, friendly manner at the lowest cost.
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2018
2018
Sector:
Fintech
Fintech
Upvest
Upvest’s blockchain APIs enable businesses to offer seamless blockchain wallets, transactions, smart contracts and data to their end users (B2B2C model). Upvest empowers anyone to access major blockchains like Bitcoin and Ethereum instantly without prior knowledge. One of the first use cases is fintechs and blockchain apps where the Upvest wallet infrastructure can be integrated as a self-custody solution with recovery features for the end-users, thereby replacing an intermediary bank.
Investment Manager:
Markus Lang
Markus Lang
Year invested:
2017
2017
Sector:
Fintech
Fintech
Telleroo
Marketplaces need a scalable banking solution for conducting a high amount of outgoing payments. With Telleroo, businesses can send instant bank transfers directly from their backend through a fully compliant payment API. They can move money towards any third-party bank account. To direct funds into Telleroo, they can plug in their payment provider of choice.
Investment Manager:
Arnaud Bakker
Arnaud Bakker
Year invested:
2016
2016
Sector:
Fintech
Fintech
Lemon Way facilitates complex payments for digital platforms and e-commerce websites.
Lemonway
Lemon Way is a Pan-European Fintech startup dedicated to Crowdfunding platforms, e-commerce marketplaces and other companies looking for payment processing, wallet management and third-party payment in a KYC/AML-regulated framework. Lemonway’s technology solution and associated services enable banks to benefit from a very powerful real-time payment account management tool.
Investment Manager:
Tom F. Lesche
Tom F. Lesche
Year invested:
2018
2018
Sector:
Fintech
Fintech
www.wikifolio.com
Wikifolio
Wikifolio is an online platform that allows day traders to publish their portfolios for other traders to access and invest. Investment bankers and hobby-traders alike can use this app to connect and evolve. The “wikifolios” turn portfolios created on the platform into fully-fledged financial products which are then listed on the stock exchange Börse Stuttgart. Each trade, including execution price and fees, is updated in real-time on Wikifolio and partner sites to give the user clarity over the movements in the market. Some of Wikifolio’s certificates have been consecutively included in the top 10 most-traded products in their category of the Stuttgart Stock Exchange (EUWAX) in 2017.
Investment Manager:
Oliver HolleYear invested:
2012
Oliver HolleYear invested:
2012
Sector:
Fintech
www.amodo.eu
Amodo
Combining Amodo’s award-winning customer engagement system and analytics technology, we help Insurance companies, Digital brokers and non-insurance companies to put new products and services on the market, increasing the value for their customers and for their business.
Investment Manager:
Marie-Helene Ametsreiter
Marie-Helene Ametsreiter
Year invested:
2016
2016
Sector:
Fintech
Fintech
www.payworks.com
Payworks
Payworks is the provider of Pulse, a next generation Point of Sale payment gateway technology. With Pulse, developers of Point of Sale solutions for merchants can quickly and cost-efficiently integrate card payment functionality into their applications, and securely process EMV; contactless and mobile wallet transactions at the Point of Sale. With headquarters in Germany and offices in the UK, the US and Spain, Payworks provides its technology to leading acquirers and payment providers globally. To date Payworks has raised over $19MM USD in funding from investors including Visa Inc., CommerzVentures GmbH, HW Capital, and Speedinvest.
Investment Manager:
Werner Zahnt
Year acquired:
Werner Zahnt
Year acquired:
2019
Year invested:
2013
Sector:
Fintech
Year invested:
2013
Sector:
Fintech
www.koin.com.br
KOIN
Koin is the only provider of after-delivery payment solutions in Latin America. The company offers safe and easy-to-use payment solutions to e-commerce shops that let buyers make purchases online and pay later. Koin offers online credit and installment payment options to users with no need to fill out a registration or provide financial information. Their service helps e-commerce attract new buyer groups that previously have not been able to make payments online.
In less than 4 years, the Brazilian fintech has grown to a user base over 250,000 with more than 100 online stores offering their payment services including customers like C&A, Melissa, and e-commerce platform BizCommerce.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2018
2018
Sector:
Consumer Tech
Consumer Tech
www.investly.eu
Investly
Investly is an invoice discounting platform that allows SMEs to sell their invoices to investors, thereby increasing working capital. Invoices are sold in reverse auctions where investors place bids to ensure the best prices for merchants. The bidding system allows investors to earn above average returns. Investly’s service helps established businesses take on more customers, speed up their production process, and avoid seasonal cash flow gaps.
Investly was founded in 2013 and launched while going through the accelerator program Startup Wise Guys. It has since raised over $2MM USD in funding, expanded to the UK, and helped businesses fund invoices worth over £21,353,116.
Investment Manager:
Oliver Holle
Oliver Holle
Year invested:
2015
2015
Sector:
Fintech
Fintech
https://www.plussimple.fr/
+Simple
+Simple is the leading digital insurance provider for SME’s in France. By integrating with the +Simple platform, either as a white-label or native solution, brokers and agents in the commercial insurance space are able to quickly and efficiently quote, bind and issue policies to their business clients. Using +Simple’s technology and carrier network, intermediaries are able to easily build modular products tailored to merchants’ highly specialized coverage needs.
Through their online portal digitally native businesses are able to get a comprehensive and bespoke policy in a matter of minutes. The technology stack provides much-needed simplicity, transparency and trust directly to the SME client. By working directly with insurance carriers, brokers / agents, and SME’s alike +Simple is involved with all major players in the value chain streamlining the entire commercial insurance process throughout.
Investment Manager:
Tom F. Lesche
Tom F. Lesche
Year invested:
2020
2020
Sector:
Fintech
www.cashpresso.com
Cashpresso
Cashpresso offers its customers easy access to different financing services in the form of a traditional credit facility. Their services include issuing a line of credit as well as creating instalment payment plans for ecommerce purchases up to 2,000 € at their partner stores. Cashpresso credit lines are offered in cooperation with Deutsche Handelsbank and are issued in as little as 10 minutes from application to payout. Full KYC is done with a simple video call and the contract is signed electronically.
Cashpresso won the title of “Best Fintech Startup 2017” as part of the Banking and Insurance Summit. Its investors include Speedinvest, Hansi Hansmann, the founders of Runtastic and others.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2016Sector:
Fintech
2016Sector:
Fintech
www.holvi.com
Holvi
Holvi is a digital banking solution and payment institution for European entrepreneurs, sole traders and business owners. With Holvi, SME’s can sell products online, send invoices, and track cashflow in real time. The platform offers a current account with its own IBAN number designed to help customers manage all their finances on one platform. Holvi is the world’s first financial hub operating with its own Payment Institution Licence authorised for operations across Europe by the Financial Supervisory Authority of Finland (FIN-FSA).
Since its founding in Helsinki, Finland in 2011, the company has grown to over 70 team members from +18 nationalities and was acquired in 2016 by BBVA.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year acquired:
2016
Year invested:
2014
Sector:
Fintech
2016
Year invested:
2014
Sector:
Fintech
www.clausematch.com
ClauseMatch
ClauseMatch provides a software-as-a-service platform for smart document management. It helps teams in highly regulated industries such as compliance, legal, finance, operations and risk collaborate more effectively, saving time and resources, while significantly reducing risk and providing accountability. ClauseMatch works as a browser-based collaborative document editor containing in its core a detailed workflow where comments, approvals, and changes are a part of a full audit trail– providing full control of content. Every change and approval made in a document is tracked in an organised manner providing full audit trail and unprecedented reporting capabilities.
Investment Manager:
Michael Schuster
Michael Schuster
Year invested:
2017
2017
Sector:
Fintech
Fintech
https://www.invesdor.com
Invesdor
Invesdor Group combines the leading digital equity funding platform in the Nordics, Invesdor, and the leading digital mid-size (“Mittelstand”) financier in the German speaking countries, Finnest. The service portfolio spans from equity investments, bonds, IPO’s, syndicated loans, mezzanine capital and promissory notes to other debt capital instruments. Financing volumes typically range from EUR 250,000 to EUR 25m. Over the last years the combined and accumulated investments on the legacy platforms have doubled every year, currently totalling at more than EUR 130m.
Invesdor Group holds a MiFID license passported to 28 European countries, which was granted to Invesdor in April 2015, making it the first such platform to receive this licence. The Group has a base of over 50,000 registered private and institutional investors from 150 countries.
Investment Manager:
Tom Lesche
Year invested:
2014
Sector:
Fintech
Tom Lesche
Year invested:
2014
Sector:
Fintech
www.fincompare.com
Fincompare
FinCompare is a comparison platform for financing options aimed at small and medium-sized enterprises (SMEs) seeking funding starting at 10,000 €. Via the online platform, businesses can access a wide range of financing options. Companies can independently compare offers from over 200 well-known banks, fintechs, and financial services providers and close on the financing. In addition to the usual corporate loans, FinCompare offers alternative financing solutions such as factoring, and leasing.
Following a platform launch in February 2017, FinCompare has attracted over 400 customers with a financing volume of more than 300MM € in less than 9 months.
Investment Manager:
Stefan KlestilYear invested:
2017
Stefan KlestilYear invested:
2017
Sector:
Fintech
https://cyberwrite.com/
Cyberwrite
Founded by cyber experts and actuaries – Cyberwrite delivers a cyber insurance underwriting solution for the growing SMB cyber insurance market.
Cyberwrites helps insurers who lack the analytics technology and actuarial data needed for SMB and SME cyber underwriting. These insurers otherwise assume high risk services estimated to reach over $1T annually.
Cyberwrite has offices in San Francisco and in Tel Aviv, and graduated from 500Startups, Plug and Play, and Citi Accelerator. The company is working with several large customers and is backed by SpeedInvest and prominent insurance and cyber security angel investors.
Investment Manager:
Marcel van der Heijden
Marcel van der Heijden
Year invested:
2017
2017
Sector:
Fintech
Fintech
List View
www.wefox.de
Wefox
The InsurTech-Startup, Wefox was founded in Switzerland in November 2014. It successfully operates across Germany, Austria and Switzerland. The Wefox-platform allows customers, brokers and insurance companies to digitally manage their insurance products. This is where the Wefox-App and Brokerportal come into play. Since the acquisition of the startup ONE, Wefox also offers its own insurance service.
By combining advanced technology with traditional insurance consulting know-how, Wefox has grown its company to over 250,000 customers and more than 300 featured insurance companies in less than four years.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2016
2016
Sector:
Fintech
Fintech
www.bitpanda.com
Bitpanda
Bitpanda is transforming the way retail investors trade by enabling access to tokenized digital assets. Through tokenization Bitpanda is able to offer fractional shares of any asset class, whether these be traditionally liquid (Stocks, Bonds, ETF’s) or illiquid (Real Estate, Private Equity). The platform currently supports over 30 digital assets including currencies and precious metals (Gold, Silver, Platinum, Palladium). Bitpanda’s transparency and accessibility is supported through services like 24/7 trading, real-time settlement, no minimum fees and cross-platform compatibility (iOS, Android, desktop). With a vision to become Europe’s leading Neobroker, Bitpanda is rapidly expanding its platform across countries and asset classes.
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2020
2020
Sector:
Fintech
Fintech
www.imaginecurve.com
Curve
Curve helps people simplify their finances by connecting different debit and credit cards as well as accounts to one single card and smart app. The app serves as a dashboard where people can manage their different accounts as well as keep track of their spending habits.
Curve also helps address the privacy and security aspect of payments. The app automatically alerts users every time the card is used and gives people the ability to instantly lock the card from the app in case of fraudulent payments or loss as well as unlock it again later.
Curve’s connected card is a MasterCard® card available across the UK and EEA issued by Wirecard Card Solutions Ltd.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2015
Sector:
Sector:
Fintech
www.fraugster.com
Fraugster
Fraugster is a German-Israeli anti-fraud company with the goal of eliminating payment fraud in ecommerce. The company has developed an artificial intelligence technology that predicts fraudulent transactions before they happen– giving them a distinct competitive advantage over every other player in the anti-fraud space.
Fraugster, led by two industry experts, has been operating across the globe since 2016 and is responsible for tens of billions of dollars for their clients. Their products are used and trusted internationally by leading payment companies such as Ingenico ePayments and Credorax.
Investment Manager:
Oliver Holle
Oliver Holle
Year invested:
2015
2015
Sector:
Deep Tech
Deep Tech
www.billie.io
Billie
Billie is a Berlin-based fintech startup that helps small businesses get access to working captial through invoice financing. Their service allows SMEs and freelancers the opportunity to pre-finance their invoices by purchasing all liabilities from third parties and settling the outstanding amount. Their platform leverages big data analytics and fully automated processes to facilitate the financing process.
The company banks on its strong partnership with Wirecard bank and the founders’ strong expertise in the online lending space. The founding team has previously founded and grown online lending platform Zencap which was acquired by Funding Circle in 2015.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2016
2016
Sector:
Fintech
Taxscouts
TaxScouts was founded in late 2017 to simplify the experience of tax assessment and filing. With an increasing amount of people experiencing non-standard income and with late fines in the UK amounting to billions in one tax season alone, TaxScouts is seeking to redefine the experience of preparing and filing personal income tax to make it seamless for everyone.
TaxScouts is building the layer of automation required to be able to calculate, assess and reliably file personal income tax for non-standard incomes including professional freelancers, landlords, high earners and more.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2018
2018
Sector:
Consumer Tech
Consumer Tech
Tide
Tide was founded in 2015 to fill in a huge gap in the market; SMEs are significantly underserved by traditional financial institutions who offer high cost, one-size-fits-all products that focus on enterprise client needs. Exacerbated by tighter regulation post 2008 financial crisis and enabled by the proliferation of digital, Tide is redefining business banking through a digital-first, hassle-free proposition that addresses the holistic needs of SMEs.
Following a platform approach, Tide is focused on building automation on all admin-related functionality while partnering with best in class fintech companies to offer a fully fledged banking experience, including payment acceptance, FX, credit and many more services such as employee expense management.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2018
2018
Sector:
Fintech
Fintech
Agro.Club
At its core, Agro.Club is a digital platform that enables farmers to buy and sell all of their agricultural products. It seamlessly links the three major players in the agricultural value chain: input providers, farmers and food processors / retailers.
At the same time, it creates an ecosystem for farmers in which to get market analytics, exchange best practices and share general industry insights. This setup allows the company to obtain all kinds of data on the farmer and, more specifically, their needs. Agro.Club leverages this data to offer a variety of financial services to the marketplace constituents at the right point in their respective customer journeys.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2020
2020
Sector:
Fintech
Fintech
BukuKas
BukuKas is bringing Indonesian merchants and SME’s online through their digital accounting software. 91% of Indonesian SME’s still use paper-based bookkeeping and memory-based personal credit management. They have no possibility of accepting digital payments or recording their day-to-day financial transactions in a seamless and efficient manner. BukuKas enables this functionality for them through their mobile application.
The solution is an all-encompassing ecosystem for sales and expense tracking, performance reporting, loan record functionality and general accounting with a vision to eventually become a full-stack digital bank for merchants. Through their application and broader company vision, BukuKas is bringing a market of 50M SME’s into the 21st century and spearheading financial inclusion in Indonesia.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2020
2020
Sector:
Fintech
Fintech
Bnext
Bnext has been able to outperform existing Neobanks in Spain (one of the toughest markets – 2nd most banked market in the world), due to a better market dynamics understanding and the fact that they were able to offer a complete banking experience from day one. Bnext has +120k active clients in Spain.
And that is exactly Bnext’s USP! Due to the fact that they “outsource” banking functionalities (lending, investing, transfers, insurance etc.) to other financial institutions, they offer a full banking experience from day one.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2019
2019
Sector:
Fintech
Fintech
www.candis.io
Candis
Candis makes workflows intelligent using an artificial intelligence tool that helps companies automate repetitive bookkeeping processes such as categorizing different invoices. The software can collect and handle invoices automatically and make sure everybody is paid on time, saving 80% of manual work. CANDIS also offers a special service for tax accountants facilitating the collaboration with clients and automating certain processes.
Candis was founded by after the team won a Hackaton in Frankfurt in 2015. Within less than a year, the company had received a 7-figure investment and scaled to over 20 employees and more than 500 customers.
Investment Manager:
Michael Schuster
Year invested:
2017
Michael Schuster
Year invested:
2017
Sector:
Fintech
Fintech
Luko’s revolutionary home insurance is simple: customers get covered in 2 minutes, claims paid in 2 hours, and repairman’s visit your home in 2 days. Offering a new transparent and responsible model, Luko transforms insurance core business model to align the interests of the tenant and the insurer. The company provides AI and ‘plug&play’ smart devices that monitor consumptions in order to identify and prevent disasters, such as flooding, fire and burglary. Launched in May 2018, Luko is the number 1 neo insurance in France and insures thousands of homes.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2019
2019
Sector:
Fintech
Fintech
Ready2Order
ready2order offers a multi-award winning, cloud-based point-of-sale solution that transforms every smartphone, tablet and PC into a fully functional cash register. Companies that use ready2order have access to a range of awesome tools that are more powerful and easier to use than enterprise systems – but only for a fraction of the cost. The ready2order GmbH was founded in 2015, and is managed by Markus Bernhart (CEO), Christopher Fuchs, (CTO) and Christoph Zhu (COO) and run by over 60 employees at two locations in Vienna
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2019
2019
Sector:
Fintech
Fintech
Finnu
Finnu is a Fintech startup in the asset-backed lending space using hybrid credit scoring models and mobile device management technology (MDM) to provide affordable credit to the un-and underserved adult population in emerging markets via its mobile application.
They are on a mission to improve Financial Inclusion, provide affordable credit to any borrower with a smartphone and, ultimately, improve its financial health.
Investment Manager:
Dawid Rylski
Dawid Rylski
Year invested:
2020
2020
Sector:
Fintech
Fintech
www.iyzico.com
Iyzico
Iyzico is Turkey’s leading ePayment company offering businesses easy solutions to accept payments online. The platform is tailored to the needs of the local market and integrates with over 22 different payment options and banks. Customers appreciate the easy setup process and features such as recurring payments and Iyzico’s marketplace solution.
Iyzico was founded in 2012 with a vision to create easy, innovative, and secure payment solutions. As of May 2017, it has powered over 10,000 merchants and 200,000 seller accounts via online marketplaces and is now the fastest growing payments provider in Eastern Europe and Turkey. To date, Iyzico has raised over $24MM USD in funding from investors.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year acquired:
2019
Year invested:
2013
Sector:
Fintech
EstateGuru
Through a technology-enabled platform, EstateGuru connects borrowers and lenders and enables fast, transparent and cost-effective funding solutions. The company aims to become the largest real estate financing platform in Europe.
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2018
2018
Sector:
Fintech
Fintech
Koalaboox
Koalaboox’ e-invoicing Software as a Service helps SMEs simplify their daily invoicing and accounting processes through tracking of revenues, expenses and payments. Additionally, it offers a one-click invoice financing solution built into the platform, allowing clients to fund invoices and solve their working capital needs
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2019
2019
Sector:
Fintech
Fintech
Open
Open is a business banking platform that combines everything from invoicing to banking, payroll and automated accounting in one place. It also offers the best of the classic banking services like (internet banking, cheque books, Debit card) along with these additional features.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2019
2019
Sector:
Fintech
Fintech
Cobee
Cobee is an employee benefits company that is using new technologies to disrupt the big benefit market that has been traditionally dominated by big incumbent players. All our efforts are focused on making employees feel HAPPY about their benefits, trying to unify the value proposition in an UNDERSTANDABLE and EASY TO USE formula.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2020
2020
Sector:
Fintech
Fintech
Grandhood
Grandhood is the first company worldwide to offer an occupational pension based on the needs of small businesses. It stands out with its simplicity and applicability apart from large-scale enterprises.
Investment Manager:
Anthony Danon
Anthony Danon
Year invested:
2018
2018
Sector:
Fintech
Fintech
http://www.primerapi.com/
Primer
Primer aims to unify and supercharge merchants’ fragmented payments ecosystems through a single platform. By delivering data-driven insights across our entire merchant-base, Primer can optimise front and backend payment flows in order to increase authorisation rates, reduce costs, expand into new markets and deliver leading-edge commerce experiences to customers.
Investment Manager:
Anthony Danon
Year invested:
2020
Sector:
Fintech
https://receeve.com/
Receeve
Receeve is turning the current way of collecting debt upside down, by using AI to provide personalised collections and replace the outdated process of lenders using phone calls or letters to reach indebted clients. With Receeve, firms can communicate with their customers digitally, on any device, and customers have the option of self-service to manage their issues. The platform covers the entire collections lifecycle from managing receivables to servicing NPL portfolios. The net effect is to empower individuals across Europe and beyond to get on the road to better financial health, increase recovery rates and lower costs compared to incumbent agencies.
Investment Manager:
Tom Lesche
Year invested:
2020
Sector:
Fintech
https://www.fairmoney.ai/
FairMoney
FairMoney leverages Big Data to give access to credit to 2BN people. Consumers and businesses in Emerging Markets suffer from missing access to credit. FairMoney uses advanced machine learning applied to smartphone data to build credit scores and distribute credit through an mobile application.
Investment Manager:
Enrique Martinez-Hausmann
Year invested:
2018
Sector:
Fintech
Factris provides technology, financing and insurance services focused on helping small and medium sized businesses meet their cash management and financing needs.
Factris
Factris provides asset based financing, mostly using outstanding invoices as collateral to improve client cashflow and working capital.
The company works directly with businesses or via financial intermediaries or entrepreneurial brokers to deliver its services in a quick, friendly manner at the lowest cost.
Investment Manager:
Tom Lesche
Tom Lesche
Year invested:
2018
2018
Sector:
Fintech
Fintech
Upvest
Upvest’s blockchain APIs enable businesses to offer seamless blockchain wallets, transactions, smart contracts and data to their end users (B2B2C model). Upvest empowers anyone to access major blockchains like Bitcoin and Ethereum instantly without prior knowledge. One of the first use cases is fintechs and blockchain apps where the Upvest wallet infrastructure can be integrated as a self-custody solution with recovery features for the end-users, thereby replacing an intermediary bank.
Investment Manager:
Markus Lang
Markus Lang
Year invested:
2017
2017
Sector:
Fintech
Fintech
Telleroo
Marketplaces need a scalable banking solution for conducting a high amount of outgoing payments. With Telleroo, businesses can send instant bank transfers directly from their backend through a fully compliant payment API. They can move money towards any third-party bank account. To direct funds into Telleroo, they can plug in their payment provider of choice.
Investment Manager:
Arnaud Bakker
Arnaud Bakker
Year invested:
2016
2016
Sector:
Fintech
Fintech
Lemon Way facilitates complex payments for digital platforms and e-commerce websites.
Lemonway
Lemon Way is a Pan-European Fintech startup dedicated to Crowdfunding platforms, e-commerce marketplaces and other companies looking for payment processing, wallet management and third-party payment in a KYC/AML-regulated framework. Lemonway’s technology solution and associated services enable banks to benefit from a very powerful real-time payment account management tool.
Investment Manager:
Tom F. Lesche
Tom F. Lesche
Year invested:
2018
2018
Sector:
Fintech
Fintech
www.wikifolio.com
Wikifolio
Wikifolio is an online platform that allows day traders to publish their portfolios for other traders to access and invest. Investment bankers and hobby-traders alike can use this app to connect and evolve. The “wikifolios” turn portfolios created on the platform into fully-fledged financial products which are then listed on the stock exchange Börse Stuttgart. Each trade, including execution price and fees, is updated in real-time on Wikifolio and partner sites to give the user clarity over the movements in the market. Some of Wikifolio’s certificates have been consecutively included in the top 10 most-traded products in their category of the Stuttgart Stock Exchange (EUWAX) in 2017.
Investment Manager:
Oliver HolleYear invested:
2012
Oliver HolleYear invested:
2012
Sector:
Fintech
www.amodo.eu
Amodo
Combining Amodo’s award-winning customer engagement system and analytics technology, we help Insurance companies, Digital brokers and non-insurance companies to put new products and services on the market, increasing the value for their customers and for their business.
Investment Manager:
Marie-Helene Ametsreiter
Marie-Helene Ametsreiter
Year invested:
2016
2016
Sector:
Fintech
Fintech
www.payworks.com
Payworks
Payworks is the provider of Pulse, a next generation Point of Sale payment gateway technology. With Pulse, developers of Point of Sale solutions for merchants can quickly and cost-efficiently integrate card payment functionality into their applications, and securely process EMV; contactless and mobile wallet transactions at the Point of Sale. With headquarters in Germany and offices in the UK, the US and Spain, Payworks provides its technology to leading acquirers and payment providers globally. To date Payworks has raised over $19MM USD in funding from investors including Visa Inc., CommerzVentures GmbH, HW Capital, and Speedinvest.
Investment Manager:
Werner Zahnt
Year acquired:
Werner Zahnt
Year acquired:
2019
Year invested:
2013
Sector:
Fintech
Year invested:
2013
Sector:
Fintech
www.koin.com.br
KOIN
Koin is the only provider of after-delivery payment solutions in Latin America. The company offers safe and easy-to-use payment solutions to e-commerce shops that let buyers make purchases online and pay later. Koin offers online credit and installment payment options to users with no need to fill out a registration or provide financial information. Their service helps e-commerce attract new buyer groups that previously have not been able to make payments online.
In less than 4 years, the Brazilian fintech has grown to a user base over 250,000 with more than 100 online stores offering their payment services including customers like C&A, Melissa, and e-commerce platform BizCommerce.
Investment Manager:
Enrique Martinez-Hausmann
Enrique Martinez-Hausmann
Year invested:
2018
2018
Sector:
Consumer Tech
Consumer Tech
www.investly.eu
Investly
Investly is an invoice discounting platform that allows SMEs to sell their invoices to investors, thereby increasing working capital. Invoices are sold in reverse auctions where investors place bids to ensure the best prices for merchants. The bidding system allows investors to earn above average returns. Investly’s service helps established businesses take on more customers, speed up their production process, and avoid seasonal cash flow gaps.
Investly was founded in 2013 and launched while going through the accelerator program Startup Wise Guys. It has since raised over $2MM USD in funding, expanded to the UK, and helped businesses fund invoices worth over £21,353,116.
Investment Manager:
Oliver Holle
Oliver Holle
Year invested:
2015
2015
Sector:
Fintech
Fintech
https://www.plussimple.fr/
+Simple
+Simple is the leading digital insurance provider for SME’s in France. By integrating with the +Simple platform, either as a white-label or native solution, brokers and agents in the commercial insurance space are able to quickly and efficiently quote, bind and issue policies to their business clients. Using +Simple’s technology and carrier network, intermediaries are able to easily build modular products tailored to merchants’ highly specialized coverage needs.
Through their online portal digitally native businesses are able to get a comprehensive and bespoke policy in a matter of minutes. The technology stack provides much-needed simplicity, transparency and trust directly to the SME client. By working directly with insurance carriers, brokers / agents, and SME’s alike +Simple is involved with all major players in the value chain streamlining the entire commercial insurance process throughout.
Investment Manager:
Tom F. Lesche
Tom F. Lesche
Year invested:
2020
2020
Sector:
Fintech
www.cashpresso.com
Cashpresso
Cashpresso offers its customers easy access to different financing services in the form of a traditional credit facility. Their services include issuing a line of credit as well as creating instalment payment plans for ecommerce purchases up to 2,000 € at their partner stores. Cashpresso credit lines are offered in cooperation with Deutsche Handelsbank and are issued in as little as 10 minutes from application to payout. Full KYC is done with a simple video call and the contract is signed electronically.
Cashpresso won the title of “Best Fintech Startup 2017” as part of the Banking and Insurance Summit. Its investors include Speedinvest, Hansi Hansmann, the founders of Runtastic and others.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year invested:
2016Sector:
Fintech
2016Sector:
Fintech
www.holvi.com
Holvi
Holvi is a digital banking solution and payment institution for European entrepreneurs, sole traders and business owners. With Holvi, SME’s can sell products online, send invoices, and track cashflow in real time. The platform offers a current account with its own IBAN number designed to help customers manage all their finances on one platform. Holvi is the world’s first financial hub operating with its own Payment Institution Licence authorised for operations across Europe by the Financial Supervisory Authority of Finland (FIN-FSA).
Since its founding in Helsinki, Finland in 2011, the company has grown to over 70 team members from +18 nationalities and was acquired in 2016 by BBVA.
Investment Manager:
Stefan Klestil
Stefan Klestil
Year acquired:
2016
Year invested:
2014
Sector:
Fintech
2016
Year invested:
2014
Sector:
Fintech
www.clausematch.com
ClauseMatch
ClauseMatch provides a software-as-a-service platform for smart document management. It helps teams in highly regulated industries such as compliance, legal, finance, operations and risk collaborate more effectively, saving time and resources, while significantly reducing risk and providing accountability. ClauseMatch works as a browser-based collaborative document editor containing in its core a detailed workflow where comments, approvals, and changes are a part of a full audit trail– providing full control of content. Every change and approval made in a document is tracked in an organised manner providing full audit trail and unprecedented reporting capabilities.
Investment Manager:
Michael Schuster
Michael Schuster
Year invested:
2017
2017
Sector:
Fintech
Fintech
https://www.invesdor.com
Invesdor
Invesdor Group combines the leading digital equity funding platform in the Nordics, Invesdor, and the leading digital mid-size (“Mittelstand”) financier in the German speaking countries, Finnest. The service portfolio spans from equity investments, bonds, IPO’s, syndicated loans, mezzanine capital and promissory notes to other debt capital instruments. Financing volumes typically range from EUR 250,000 to EUR 25m. Over the last years the combined and accumulated investments on the legacy platforms have doubled every year, currently totalling at more than EUR 130m.
Invesdor Group holds a MiFID license passported to 28 European countries, which was granted to Invesdor in April 2015, making it the first such platform to receive this licence. The Group has a base of over 50,000 registered private and institutional investors from 150 countries.
Investment Manager:
Tom Lesche
Year invested:
2014
Sector:
Fintech
Tom Lesche
Year invested:
2014
Sector:
Fintech
www.fincompare.com
Fincompare
FinCompare is a comparison platform for financing options aimed at small and medium-sized enterprises (SMEs) seeking funding starting at 10,000 €. Via the online platform, businesses can access a wide range of financing options. Companies can independently compare offers from over 200 well-known banks, fintechs, and financial services providers and close on the financing. In addition to the usual corporate loans, FinCompare offers alternative financing solutions such as factoring, and leasing.
Following a platform launch in February 2017, FinCompare has attracted over 400 customers with a financing volume of more than 300MM € in less than 9 months.
Investment Manager:
Stefan KlestilYear invested:
2017
Stefan KlestilYear invested:
2017
Sector:
Fintech
https://cyberwrite.com/
Cyberwrite
Founded by cyber experts and actuaries – Cyberwrite delivers a cyber insurance underwriting solution for the growing SMB cyber insurance market.
Cyberwrites helps insurers who lack the analytics technology and actuarial data needed for SMB and SME cyber underwriting. These insurers otherwise assume high risk services estimated to reach over $1T annually.
Cyberwrite has offices in San Francisco and in Tel Aviv, and graduated from 500Startups, Plug and Play, and Citi Accelerator. The company is working with several large customers and is backed by SpeedInvest and prominent insurance and cyber security angel investors.
Investment Manager:
Marcel van der Heijden
Marcel van der Heijden
Year invested:
2017
2017
Sector:
Fintech
Fintech
Why Speedinvest f?
Domain experience
Our team brings decades of experience in financial services, with a profound understanding of market dynamics and product know-how to navigate a regulated, complex fintech space; a playbook for supporting Fintech success stories.
Network & Ecosystem
Our active Fintech portfolio is complemented by a network of experienced founders, renowned Financial Institutions, strong operating partners and a vivid Speedinvest community to support our companies build international category leaders. We use our network to unlock doors and open up opportunities.
Our value-add
Our track record in founding, operating and investing in financial services companies, uniquely positions us to provide expert support around strategy, business development, hiring / talent, and funding to drive forward promising ideas.
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- Speedinvest is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.
