Systemcredit, a fintech startup from the Greater Zurich Area, has secured 400,000 francs in a seed funding round. Investors included the founder and two existing angel investors as well as two “experienced business angels”, as the company revealed in a press release.
Systemcredit offers a platform that brokers loans for SMEs. Companies can use it to submit their loan requests online. They will receive offers from multiple potential lenders. According to Systemcredit, this loan request process takes just a few minutes. Intelligent interfaces allow “lots of data to be automatically accessed”.
Systemcredit’s customers include Juice Technology AG from Cham in the canton of Zug, a specialist in electric car charging stations. “The combination of financial market expertise, understanding of SMEs and speed impressed me,” says Christoph Erni, CEO and founder of Juice Technology, on the Systemcredit website.
The new funds will be used by Systemcredit to add new solutions to the platform.
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