smava GmbH: A Leading German FinTech Company
smava GmbH (commonly known as smava) is a German financial company specializing in affordable financing solutions. Founded in 2007, smava operates the online comparison portal www.smava.de and www.finanzcheck.de, comparing offers from a wide range of banks and financial institutions.
Core Business & Services:
smava facilitates the comparison of various financial products, including:
* Personal Loans
* Auto Loans
* Mortgages
* Other financing Options
The platform aggregates offers from both national and regional banks and lending partners, including prominent institutions such as Commerzbank, Deutsche Bank, DKB, ING, Norisbank, Postbank, Santander, Targobank, and vereinigte Volksbank Raiffeisenbank.
Business Model:
smava operates on a commission-based model. It receives a fee from the financial provider upon triumphant completion of a loan agreement facilitated through its platform.This allows consumers to access competitive financing options while enabling banks to acquire new customers.
History & Development:
smava was established in 2007 by Alexander Artopé and Eckart Vierkant as Germany’s first digital credit marketplace.the company’s core mission is to increase clarity and fairness in the credit market, providing consumers with access to affordable financial products through a combination of financial expertise and technology (FinTech).
smava has been recognized as a FinTech pioneer in Germany, considerably contributing to the digitalization of the lending process.in 2021, smava acquired its competitor, FFG FINANZCHECK Finanzportale GmbH, including the financial comparison portal www.finanzcheck.de.Both portals continue to operate independently under the smava GmbH umbrella.
Leadership:
As of late 2023/early 2024, smava GmbH is led by:
* Alexander Artopé (CEO)
* David Vangeison (COO)
* Markus Schruth (CCO)
* Özlem Arslan (CPO)
Workforce & Location:
The company is headquartered in Berlin and employs a diverse workforce of approximately 700 individuals from around 50 different countries. Its teams work across various departments, including credit consulting, product development, software engineering, data analytics, and marketing. (https://www.smava.de/unternehmen/)
Press Contact:
For media inquiries, contact: [email protected] or visit https://www.smava.de/presse/
Sources:
* Finanzcheck.de Official Website
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