Spotcap

Founded in 2014 in Berlin, Spotcap was a global financial technology company that initially focused on providing unsecured credit lines and business loans to small and medium-sized enterprises (SMEs). Using a sophisticated credit scoring algorithm, it offered a fast and flexible alternative to traditional bank lending in countries like Spain, the Netherlands, the UK, Australia, and New Zealand. Over time, Spotcap shifted its strategic focus from direct lending to a Lending-as-a-Service (LaaS) model, offering its technology platform to other financial institutions. The company has since ceased its direct lending operations, and its parent company, TBF Finance, has transitioned the lending platform to its new brand, "Bankable".