Estonian fintech company Income raises €540K

Fintech company Income has raised €540K from existing shareholder Dr. Hauptmann. In addition, the company launched a crowdfunding round via the SeedBlink service. The goal is to raise another €250K.

The company plans to use the funds to scale its platform, expand its lender base and enter the markets of Mexico and the Philippines.

Income is a fintech company that offers an investment platform that connects retail and institutional investors with non-bank lenders in developed markets. In total, more than €150M in loans have been funded through Income, more than 9K investors have been approved, and investments total €19M. The company was founded in 2020 in Estonia by Kimmo Rytkönen. CEO Income is Lavrenti Tsudakov.