DGAP-News: FinLab AG / Key word(s): Investment
- Kapilendo and Venturate merge
- First crowd financing platform for debt and equity created
- All a company's financing needs can now be covered from a single source
Frankfurt/Berlin, April 21, 2016. The Berlin fintech startup, Kapilendo AG, together with Venturate AG, a subsidiary of exchange-listed company FinLab AG (ISIN DE0001218063; ticker: A7A.GR), are merging under the lead of Kapilendo AG.
To finance its stake in Kapilendo, FinLab AG is contributing the whole shareholding of its crowd-funding platform Venturate AG and is also investing a significant amount for the additional growth of Kapilendo. This makes Kapilendo the first and leading German platform to combine crowd-lending with crowd-investing (or equity crowdfunding). The new products include both classic loans to small and medium-sized enterprises as well as investments in startup companies. Following this transaction, FinLab now holds 25.1% of Kapilendo.
FinLab board member Stefan Schütze: "We are delighted to be able to bring together Kapilendo and Venturate in starting up a unique platform, in which Venturate will remain, thereby providing new impetus to the financial markets. With Kapilendo, private investing will become more transparent, simple and autonomous than ever before. The demand for alternative forms of financing is growing rapidly - and it is this potential that we will capitalize on using the full bandwidth of alternative, next generation, Internet-based forms of financing."
Founded in January 2015 by Comvest Holding GmbH in Berlin, only a few weeks ago Kapilendo set a spectacular record for continental Europe that sent a clear signal to the sector as a whole by raising one million Euros for the Berlin football club Hertha BSC - in less than ten minutes.
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2016-04-21 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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