inGain, a Riga, Latvia-based fintech startup that offers a no-code SaaS loan management system, has raised €650,000 in funding.
Investors
The investment was from venture capital funds Trind VC and Fiedler Capital, as well as from the Latvian Business Angels network and several business angels.
Trind Ventures is a seed-stage venture fund focusing on European software startups with a consumer or community component. Founded in 1999, it is based in Tallinn, Estonia.
Founded in 2014, Fiedler Capital is a venture capital firm based in Budapest, Hungary. The firm prefers to invest in seed and early-stage companies focused on the healthcare, medical technology, software, mobile applications, and data analytics sectors.
inGain Use of Funds
The company plans to utilize the funds to complete work on a no-code self-service platform.
About inGain
inGain is a fintech company that offers a no-code SaaS loan management system for complete loan and customer lifecycle management for fintech companies. Its no-code SaaS LMS enables lenders and businesses in different sectors to launch and scale lending and financial products. They serve both consumer and business, secured and unsecured fintech products based on various loan calculation methods including installment loans, line of credit, and bullet loans.
Funding Details
Company: SIA INGAIN TECHNOLOGIES.
Raised: €650K
Round: Unknown
Funding Month: April 2024
Investors: Trind VC, Fiedler Capital
Company Website: https://www.ingain.com/
Software Category: Loan Management
Source: https://www.eu-startups.com/2024/04/riga-based-ingain-raises-e650k-to-offer-no-code-saas-loan-management-system-for-fintechs/