A naukri.com initiative
Eu-Startups
2d
3
Estonian startup Income secures €540k for its investment platform that connects investors with non-bank lenders
- Estonian fintech startup Income raises €540k to expand its platform connecting investors with non-bank lenders.
- The funding, led by shareholder Dr Hauptmann, includes a €250k allocation for retail investors via SeedBlink.
- Income aims to provide a more transparent and risk-mitigated approach to private debt investing.
- The platform supports over 9,000 investors and has funded more than €150 million in loans as of 2025.
- Income's risk framework includes features like Junior Shares, Cashflow Buffers, and Buyback Obligations.
- The company projects reaching €36 million in investments outstanding by 2025, with revenue approaching €908k.
- Founder Kimmo Rytkönen emphasizes the platform's robust risk management system to attract investors.
- Income plans to expand into Mexico and the Philippines, focusing on regions with limited access to traditional bank financing.
- The platform intends to launch a secondary market in 2025 and double the number of loan originators by 2026.
- Income's model prioritizes legal protections and transparency amid increasing interest from institutional investors.
Read Full Article
Like
For uninterrupted reading, download the app