2 SaaS Startups in the Credit Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Credit industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in the Credit industry.

Risika

Risika is a financial technology company founded in 2017 with a vision to challenge the long-lasting status quo in the financial risk management industry. Today, the CFO needs to be in the driver’s seat when it comes to translating internal and external data into solid decision-making using secure algorithms. Our team of experts within the fields of financial auditing, data science and computer science will make sure all solutions are customisable, automated and 100% reliable

Company details:
Founders:
Christoffer Ljørring, Nicolai Rasmussen, Thorbjorn Ronje, Timm Jeppesen
Founded:
2017
Based in:
Copenhagen, Hovedstaden, Denmark
Website:
Risika
Industries:
Big Data, Business Intelligence, Credit, Database, FinTech, Information Services, Information Technology, Risk Management, SaaS, Software
Latest funding:
$5,666,897
Seed
16 December 2021
Total funding:
$7,928,247
Investors
Seed Capital

Spendesk

With 100% visibility and integrated automation, Spendesk is intended to reduce time and costs across the whole spending process. Businesses that utilize Spendesk ultimately provide finance teams more time to devote to strategic issues that will help the company thrive. Since its founding in 2016, Spendesk has gained the trust of thousands of companies, including well-known names like Algolia, Soundcloud, Curve, Doctolib, Gousto, Raisin, Sezane, and Wefox. With more than 7,000 members, CFO Connect, which is supported by Spendesk, is the fastest-growing worldwide network of financial executives.

Company details:
Founders:
Jordane Giuly, Rodolphe Ardant, Thibaud Elziere
Founded:
2016
Based in:
Paris, Ile-de-France, France
Website:
Spendesk
Industries:
B2B, Credit Cards, Financial Services, FinTech, Payments, SaaS, Software
Latest funding:
$113,285,051
Series C
18 January 2022
Total funding:
$311,847,453
Investors
eFounders, Tiger Global Management, AB Tasty, Kima Ventures, Edward Lando

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