Kreditech is building the consumer-focused finance company for the 21st century. With its proprietary big-data scoring and underwriting technology, the Hamburg-based startup has built the foundation for personal finance products in emerging consumer finance markets. Customers can apply for short-term and long-term loans from 50 to 2,500 Euros, credit cards, and other finance products in just a few minutes online or mobile. The creditworthiness of a user is determined in less than a minute on the basis of up to 10,000 data points and the loan is paid out automatically within minutes to the customer’s bank account, credit card or eWallets.