Spotcap, a leading provider of online credit and business loans to SMEs, and one of Finstar’s core European investments, was awarded “Direct Lending Platform of the Year” at the AltFi 2017 Awards.
The awards, now in its fourth consecutive year, celebrate the best and brightest in the alternative finance sector, with a specific focus on fintech innovation. Featured alongside some of the world’s leading names in fintech and consumer finance worldwide – the likes of Zopa, Funding Circle, Monzo and CrowdCube – Spotcap was recognised for its strong performance, ongoing innovation and commitment to transparency.
The year has seen Spotcap grow from strength to strength, further expanding its operations across the globe from the UK and Europe to New Zealand and Australia. Since its launch (in September 2014) the company has issued more than EUR 120 million in credit lines to SMEs. Having already been ranked #32 in 2017’s 100 Leading Global Fintech Innovators, Spotcap has fast come to establish itself as a leading player in the global fintech ecosystem.