Kreditech Holding SSL GmbH
Kreditech uses Big Data and complex machine-learning algorithms to enable faster, better and more sustainable credit decisions.
With its proprietary big-data scoring technology, the Hamburg-based startup Kreditech has built the foundation for personal finance products in emerging consumer finance markets. Customers can apply for online loans up to 2,500 EUR, credit cards, and other finance products in just a few minutes. The creditworthiness is determined in less than a minute on the basis of 10,000 data points and the loan is paid out automatically within minutes.