News & Analysis

Rocket Internet-backed online lender Spotcap raises $50 million to help grow Australian operations

- February 2, 2016 2 MIN READ

Online lender for small and medium size businesses Spotcap has raised nearly $50 million in its third financing round and announced a new partnership with private equity firm Finstar Financial Group. The new shareholder will help to accelerate the startup’s global growth and implement value-adding strategies to grow Spotcap’s operations in Australia, Spain, and the Netherlands.