Flint Capital Invests EUR1 Million in Consumer Finance Company Creamfinance (CEE and CIS)

Source: Flint Capital

Venture capital firm Flint Capital has invested EUR1 million (approximately US$1.1 million) for a minority stake in Poland-based consumer finance services provider Creamfinance. Flint Capital is an existing investor in the company, having originally backed the company in 2014. The firm plans to support Creamfinance’s expansion into Scandinavian markets. Creamfinance uses algorithms and machine learning to offer customizable personal loans to consumers globally.