The Spotcap story
Spotcap was founded in 2014 with an entrepreneurial spirit and a considerable objective: to empower SMEs with tailored finance, allowing them to focus on what really matters – their business. Combining cutting-edge proprietary technology with an experienced team of credit specialists, we make business finance accessible in a way that’s new and extremely versatile. Our vision became reality when Spotcap launched in 2014. To date we have secured more than GBP 55 million in funding, we operate in five countries, and we’re enabling thousands of businesses to realise their own ambitions. Spotcap employs more than 90 people and is headquartered in Berlin (Germany) with a local presence in Spain, the UK, the Netherlands, Australia and New Zealand.
The Spotcap mission
Empowering SMEs with tailored finance, allowing them to focus on what really matters – their business.
Who is Spotcap serving?
Globally, 95% of businesses are small or medium-sized. They provide employment, drive innovation and underpin economies. Many of them need to borrow in order to grow, but can find it hard to get support from traditional financial institutions. Spotcap, through its unique credit analysis model and straightforward online processes, is meeting the needs of many of these businesses.
Spotcap at a glance
Our Managing Director
MD Niels Turfboer has over 15 years of experience in European banking and business finance, holding senior posts at multiple banks. After time at ABN AMRO and ING, he founded and grew an education business, going on to join MarketInvoice as Head of Investor Development. Today, in addition to leading the revolution in fintech with Spotcap, he is on the advisory board of Fiduciam and Alterest Investment Technologies. Niels has an MBA from IE Business School in Madrid, with a specialisation in strategy and finance at the Leonard N. Stern School of Business, New York University.
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