CAPTIQ successfully closes financing round

The Frankfurt-based fintech start-up CAPTIQ has successfully completed its first round of financing. A total of 15 business angels and professional investment companies - the majority from the financial sector - have provided the company with seed capital of over half a million euros. CAPTIQ has thus secured the financial resources to launch the first digital financing platform for regulated professions (doctors, pharmacists, lawyers, etc.) in the middle of the year.

CAPTIQ will be the first alternative online financing solution tailored to the needs of regulated professions, the majority of which are freelancers. 'We are very pleased that we were able to convince seasoned professionals from the financial sector with our approach and win them as investors,' said Lorenz Beimler, co-founder and CEO of CAPTIQ. 'We are convinced that with our approach we are addressing a need that has not been sufficiently met so far, both among regulated professionals seeking capital and among institutional investors.'

CAPTIQ operates a B2B platform that facilitates the granting of loans to regulated professionals, e.g. for the establishment of a medical practice, an engineering office or a law firm. Especially for amounts below 100,000 euros, it can be a challenge for start-ups to obtain a traditional bank loan, as such volumes are not very attractive for traditional financiers. Alternative online financing is often not accessible to these professions, as the vast majority of these regulated professions are not formed as corporations; P2P financing platforms, in turn, are not geared to the requirements for loan amounts and terms. CAPTIQ offers rating-based financing at marketable conditions in the range of 5,000 to 750,000 euros. The loan agreement can be concluded within two working days. The loans are refinanced in securitized form via institutional investors such as pension funds or Depot A managers. 'We are generating a new asset class in the market, with a highly attractive risk profile that has a very low default rate. In this way, we are creating a new attractive alternative to fixed-income investments in the investment-grade sector,' says co-founder and managing director Soraya Braun. 'This has been so recognized by our seed investors.' The business model is based on a B2B approach that integrates financial advisors and banks into the distribution model.