Mosaic and Ribbit lead €5.5m series-A for Bonify
Mosaic Ventures and Ribbit Capital have led a €5.5m series-A round for Berlin-based credit-scoring company Bonify.
The round sees Mosaic and Ribbit join existing investors in the company, Index Ventures, DN Capital and HW Capital, as well as the founders of online apparel retailer Zalando and bank account comparison website Raisin.
Mosaic and Ribbit's capital is expected to support Bonify's expansion into Europe and continued growth in Germany.
Company
Headquartered in Berlin, Bonify is a fintech startup providing credit information to consumers.
The company offers users free access to credit reports, with the ability to check and correct credit scores and track changes.
Bonify launched in April 2016 and claims to have 100,000 users.
People
Mosaic Ventures – Simon Levene (partner).
Ribbit Capital – Nick Shalek (partner).
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