# Monedo Holding GmbH: Financial services, Hamburg, Germany > Monedo Holding GmbH: Monedo Holding GmbH, formerly known as Kreditech Holding GmbH, is a German fintech company based in Hamburg. Based in Hamburg, Germany. Source: https://millionrounds.com/startup/monedo-holding-gmbh (Millionrounds; every figure on the page links to its filing or article) Germany · [Financial services startup](https://millionrounds.com/companies) # Monedo Holding GmbH Monedo Holding GmbH, formerly known as Kreditech Holding GmbH, is a German fintech company based in Hamburg. Funding reported Last round: Undisclosed round Financial services Hamburg, Germany Company summary - **Founded:** 2012 14 years old - **Team:** 59 51 to 200 people - **Funding reported:** 519.2M as listed, currency not stated - **Last round:** Undisclosed round Sept 2019 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Monedo Holding GmbH has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About Monedo Holding GmbH Monedo Holding GmbH, formerly known as Kreditech Holding GmbH, is a German fintech company based in Hamburg. Founded in 2012, Monedo specializes in digital lending, financial services, and credit decisioning technologies. The company rebranded in March 2023 to align with its global strategy aimed at enhancing financial freedom for underbanked populations. Monedo employs between 201 and 500 people and utilizes advanced technologies like machine learning and big data scoring algorithms to assess creditworthiness. Monedo offers a range of technology-driven financial services, including digital lending solutions, big data scoring technology, and a peer-to-peer lending platform. Its products cater to both consumers and businesses, providing personal loans, a digital wallet, and credit scoring APIs. The company targets underbanked individuals and small to medium enterprises, focusing on markets in India, Poland, Russia, and Spain. Monedo is recognized for its innovative approach in the fintech sector, particularly in alternative lending and credit assessment. ## What company datasets say Monedo Holding GmbH raised Funding, as reported Reported in all **519.2M** in the source's currency Rounds **15** Last round **Undisclosed round** Last round size **7.9M** Last round date **Sept 2019** Investors listed **28** ## The company, in detail What they build Known for information technology & services financial services finance b2c fintech services b2b finance technology Built with from their website Viewport Meta Mobile Friendly Amazon AWS - **Sector:** Financial services - **Industry code:** NAICS 522291, SIC 6141 - **Region:** Hamburg - **Revenue:** 58.2M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/monedo) ## Financial services in Germany Startups like it - [**Raisin** Berlin · founded 2012 *Raised*](https://millionrounds.com/company/raisin) - [**Kreditech** Hamburg · founded 2012 *Raised*](https://millionrounds.com/company/kreditech) - [**Billie** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/billie) - [**Exporo** Hamburg · founded 2014 *Raised*](https://millionrounds.com/company/exporo) - [**Taxfix** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/taxfix) - [**CrossLend** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/crosslend) - [**Finiata** Berlin · founded 2016 *Raised*](https://millionrounds.com/company/finiata) - [**Bitwala** Berlin · founded 2014 *Raised*](https://millionrounds.com/company/bitwala) ## Is this your company? Add your raise, your deck and your story, and put Monedo Holding GmbH in front of investors. Or tell us what we have wrong. [List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)