Vexcash company logo
Germany's first payday lender + data driven small business loans provider11-50 Employees
  • Early Stage
    Startup in initial stages
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Germany's first payday lender + data driven small business loans provider
Vexcash.com is the first and only PayDay lender in Germany since 2011. PayDay loans are called "Kurzzeitkredit" in Germany.

Vexcash overcame and adjusted to several regulations and started a cooperation with the fully licensed German net m - Privatbank 1891 in 2013.
Vexcash lends money to people in financial circumstances when people suffer to get a loan anywhere else. Since Vexcash only lends money for 30 days it uses an own internal algorithm to calculate the risk whether the borrower will be able to pay back the amount within time. In Germany the so called "Schufa" is a credit investigation company which records 66 million private people and 5 million businesses. Vexcash combines its own algorithm and the Schufascore to calculate its own risk lending money to applicants.
The whole applicant procedure happens in real time which makes it possible to transfer the loans within 30 minutes to the applicants account.
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Manuel Prenzel
Avatar for Manuel Prenzel
Vexcash is the first short term lender in Germany since 2011. The extraordinary about the Vexcash PayDay Loans is the short amount of lending time: 30 days!
Total raised

$1.4M

Funded over

1 round

Latest round

Seed (Dec 2013)

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