Captiq receives financing in the amount of 2.6 million euros

The Series A financing was led by the investment firm Sino.

The Frankfurt-based fintech Captiq has successfully completed its Series A round. Captiq received a total of 2.6 million euros in capital. The funds will be used to expand the business. The company claims to have launched the first online financing platform for chamber professionals.

The round was led by investment firm Sino, which is known, among other things, for having backed the Düsseldorf-based online broker Trade Republic at an early stage. Numerous existing shareholders, including well-known business angels from the German and international financial scene, also participated in the capital round. Captiq has so far raised around 2 million euros in equity capital in three rounds for the development of the platform.

"We were impressed by Captiq's founders and business model. We see significant growth opportunities in the digitalization and industrialization of the lending business," says Ingo Hillen, CEO of Sino. "Captiq addresses an underserved billion-euro market and relies on cooperation with established players."

The credit platform that Captiq has developed specializes in financing for so-called chamber professionals. These include architects, doctors, tax consultants, lawyers and auditors, for example. The automated process from application to loan disbursement is particularly geared towards financing requests of less than 250,000 euros. The company explains that this market has received little attention to date due to the high amount of checking required and low interest income.