Spotcap is an innovative online platform providing fast and flexible financing to small businesses in Australia.
Spotcap has developed a proprietary credit algorithm leveraging real-time business data which allows it to provide funds quicker and approve more loans than traditional lenders like the banks.
Spotcap enables small business owners to grow their business by providing fast and flexible financing. The company assesses the real-time performance of businesses to grant short term credit lines.
Spotcap was launched in Spain in September 2014 and expanded to the Netherlands and Australia in March 2015. The company is led by Toby Triebel and Jens Woloszczak in Berlin. Spotcap is backed by Rocket Internet the world’s leading global internet platform outside of the US and China.