inGain Raises €650,000 in Funding

inGain, a Riga, Latvia-based fintech startup that offers a no-code SaaS loan management system, has raised €650,000 in funding.

The investment was from venture capital funds Trind VC and Fiedler Capital, as well as from the Latvian Business Angels network and several business angels.

Trind Ventures is a seed-stage venture fund focusing on European software startups with a consumer or community component. Founded in 1999, it is based in Tallinn, Estonia.

Founded in 2014, Fiedler Capital is a venture capital firm based in Budapest, Hungary. The firm prefers to invest in seed and early-stage companies focused on the healthcare, medical technology, software, mobile applications, and data analytics sectors.

The company plans to utilize the funds to complete work on a no-code self-service platform.

inGain is a fintech company that offers a no-code SaaS loan management system for complete loan and customer lifecycle management for fintech companies. Its no-code SaaS LMS enables lenders and businesses in different sectors to launch and scale lending and financial products. They serve both consumer and business, secured and unsecured fintech products based on various loan calculation methods including installment loans, line of credit, and bullet loans.

Funding Details

Company: SIA INGAIN TECHNOLOGIES.

Raised: €650K

Round: Unknown

Funding Month: April 2024

Investors: Trind VC, Fiedler Capital

Company Website: https://www.ingain.com/

Software Category: Loan Management