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12 Top Fintech Companies in Germany

top fintech germany companies

In the recent years, Germany has proved its importance in the European Union. It has been the pillar of strength for the European Union.

In this post, we have compiled the list of Top Fintech Companies in Germany which are responsible for maintaining an innovative approach to improve the financial services in the existing financial markets.

During the Euro Crises and after the exit of Britain, the German economy is the foremost in supporting the Euro. Germany economy has ensured consistent growth in various sectors.

Top German Fintech Companies

In this section, we will discuss the top Fintech companies in Germany. Fintech companies provide technological solutions to for smooth functioning of traditional financial institutions.

Read the list of well known Germany-based Fintech companies

1. Smava

Smava is a Germany-based comparison site which allows its users to compare loans. The viewers can compare the offers from different service providers.

This top German Fintech company also offers a platform for the viewers to purchase personal loan online. It was launched in 2007. Over a decade Smava has raised almost 64 million USD as funding.

At it initial stages, Smava started off as a Peer-to-Peer lending startup. It later changed its focus to loan comparison and loan brokering. The platform used by

The platform used by Smava is extremely user-friendly. Viewers can easily customize their loan requirements, compare the offered services and buy the loan online.

2. Friendsurance

Friendsurance targets the insurance segment and connects insurance buyers and insurance companies. It has developed the concept of peer-to-peer insurance.

Insurance buyers had to pay a high premium for their policy. They also suffered from a lack of transparency.

Friendsurance provided incentives to the policy buyers in the form of cash-back bonus for every year as an incentive for remaining claimless.

It has made purchasing of an insurance policy extremely easy and it currently partners with more than 60 domestic insurance providers.Users can avail up to 40% off on their premium if no claims are submitted.Without

Without a doubt, Friendsurance is one of the best Fintech companies in Germany.

3. Getsafe

Getsafe provides online insurance management facilities to its users. Getsafe supports smart devices which allow users to access their insurance from a mobile phone. The

The Getsafe app is available for both iOS and Android users. Getsafe was one of the nominees for the Europen Fintech Awards in 2016. A completely digitalized insurance broker,

A completely digitalized insurance broker, Getsafe automatically collects the details of the user from Insurance Company.

It also offers analytical tools which allow the users to compare insurance policies. It provides a 24/7 customer support and users can claim insurance for damages with a single click on their mobile.

There are currently over 130 insurance companies in the Getsafe portfolio and of course another best Fintech organization in Germany.

4. Kreditch

Kreditch targets the market of people with little to no credit history. The company refers to their client base as the ‘Underbanked’.

Kreditch offers services to this group of people have been overlooked by the mainstream financial institutions.

The business model of Kreditch is not only directed to providing digital financial services but also to cater to the people without a solid credit rating history.

It offers financial products like credit cards, Bank loans, consumer finance and other digital banking products to the non-prime segment.

Kreditch uses artificial intelligence technology to ascertain the credit rating of their clientele.

With its headquarters in Germany, it also has its presence in Russia, Spain, Poland, and Mexico.

5. Mambu

Mambu provides a wide variety of digital banking services and has a presence across the globe.

Some of the products offered are loan management, transactional accounts, customer management, documentation management, auditing, operational workflows and process controls.

The major customers that avail its services include Microfinance corporations, credit cooperatives, and retail banks.

Mambu boasts of handling 150 million transactions per day.

The interface of Mambu is extremely comprehensive. The user dashboard provides detailed information about the financial products and a regular update with the accounts summary.

6. Number 26

The company markets itself as ‘The mobile bank’. The Number 26 promoters are single-mindedly on a mission to redefine the Banking system.

It has also been awarded a full banking license which allows it to operate in Europe. It also supports banking on mobile and is available on iOS and Android platforms.

It is possible to open a Bank account with Number 26 within 8 minutes. Other services include withdrawing from any ATM and receive real-time notifications after each transaction.

Number 26 also allows users to send and receive money from other N-26 users.

7. Scalable Capital

It is one of the fastest growing Fintech startups in Germany. It is estimated that within the first 9 months, almost 4 million euros per week was deposited using Scalable Capital.

It was launched in January 2016 and is spearheaded by former Goldman Sachs and Barclays Bankers.

Scalable Capital offers digital wealth management services and also supports smart devices.

Some of its services include personalize and fully managed portfolios, monitoring risk based on quantitative research reports and account management and investment advisory.

The services offered by Scalable capital is very reasonably priced.

8. Sphotcap

Spotcap is in the business of providing business finance to small and medium sized business.

It operates as an online credit platform where SME businesses can raise short term loans.

Spotcap has developed an algorithm which aids the decision making process. Based on this algorithm, Spotcap determines the financial solvency of the applicant.

This German fintech firm was founded in 2014 in Berlin. It also operates in Spain and Netherlands and plans to expand globally over time.

9. Traxpay

Traxpay was founded in 2009 and is headquartered in Frankfurt. It offers services for supply chain financing and payment transactions.

The executive team of Traxpay is equipped with an extensive knowledge of banking, payments and enterprise software industries.

This top German fintech firm operates in Europe and the United States. Traxpay is single minded focused on the goal of redefining B2B commerce.

Traxpay supports its clients to integrate into the existing ERP systems of their vendors and corporate clients.

10. Lendico

Lendico is in the business of providing a platform for peer to peer lending.

Founded in 2013, Lendico has established itself as a marketplace for business and consumer lending.

Since inception, it has spread across to different locations. It currently has offices in Spain, Poland, Austria, South Africa, Netherlands, and Brazil.

11. Savedo

Savedo GMBH offers many lucrative financial and investment products in Germany.

It was founded in 2014. It has been in the business of catering to investors in Germany, Austria, and Netherlands.

12. Creditshelf

Creditshelf facilitates Small and Medium enterprises in securing loans. It is supported by a closed circle of accredited investors who provide the financial support to the SME.

Creditshelf has been in the operation since 2015 and providing improved credit supply for SME’s since then.

The headquarters of this fintech Germany organization is in Frankfurt.


In this article, we covered few of the Top Fintech companies in Germany.Hope this will be a quick reference for you to get an idea of the Top Fintech Germany organizations.Leave your valuable feedback about Fintech Germany and Fintech in Europe in the comment section below.To know more about these Top Fintech Companies Germany, navigate to the respective website links.

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