Well-known incubator_Rocket Internet_has launched a new venture in Germany — Zencap, a digital credit marketplace for small and mid-sized enterprises to get financing without having to go through banks. Zencap essentially forms a bridge between entrepreneurs and private investors, allowing SMEs to apply for financing directly from Zencap. Entrepreneurs can apply for a loan in the range of €10,000 – €150,000, with a term of six to 60 months, after which the startup’s creditworthiness will be checked, and Zencap will propose a non-binding offer based on the firm’s risk class and the loan’s term. Only then will the credit project...

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