About FundingHub
FundingHub is a Financial Services company based in Cape Town (South Africa) founded in 2016 by Marilynn Leonard, and was acquired by Fincheck in August 2019. SMEs are connected to lenders via a business finance marketplace. Its chief executive, as recorded, is Simon Purdon. FundingHub offers products and services including Unsecured Loan, Merchant Cash Advance, and Purchase Order Funding. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is FundingHub (Pty) Ltd. Its competitors include PeuEntle, Finfind and CorpFin.
Company details
Provider of a business finance marketplace connecting SMEs with lenders. It offers a streamlined application process allowing businesses to receive multiple loan offers from a network of lenders. The platform provides access to various financing options, including unsecured loans, property-backed loans, merchant cash advances, and purchase order funding. The service aims to simplify the process of securing business finance by comparing offers and facilitating faster funding. It focuses on providing access to reputable lenders and supporting the growth of small and medium-sized enterprises.
- Headquarters Cape Town, South Africa
- Founders Marilynn Leonard
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fundinghub.co.za
- Social LinkedIn X Facebook
- Acquired by Fincheck (Aug 2019)
- Legal Name Fundinghub (Pty) Ltd.
- InvestorsFinch Technologies
& 1 more
- Acquired byFincheck
(Aug 2019)
Products & Services of FundingHub
FundingHub offers a comprehensive portfolio of products and services, including Unsecured Loan, Merchant Cash Advance, and Purchase Order Funding.
Provides lump-sum funding without collateral for business needs.
Offers advances based on future sales for immediate business cash flow.
Funds orders from corporate or government clients to support transactions.
Funding Insights of FundingHub
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of FundingHub with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | Seed | – | Finch Technologies | – |
2 investors in total: 2 institutional.
Investors in FundingHub
FundingHub has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Finch Technologies and Fincheck.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finch Technologies offers web design, software development, mobile apps, digital marketing, and graphics services. | 2014 | finchtechnologies.com | Ghaziabad, India | |
Financial products comparison website | 2015 | fincheck.co.za | Johannesburg, South Africa |
Investor details for FundingHub
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
People of FundingHub
2 people are tracked at FundingHub (2 in leadership).
| Name | Role | Group |
|---|---|---|
Marilynn Leonard | Co-Founder | Leadership |
Simon Purdon | CEO | Leadership |
Complete people profiles for FundingHub
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of FundingHub
3 dated milestones of FundingHub across 5 years, from founding to its latest funding, stage changes and deals.
- Founded FundingHub is founded.
- Exit Acquired by Fincheck.
- Funding First funding round.
Competitors of FundingHub
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| peuentle.co.za | 2019 | Johannesburg, South Africa | Business loans and credit building are offered via online marketplace. | |||
| finfind.co.za | 2015 | Hillcrest, South Africa | Businesses are connected with lenders through an online loan marketplace. | |||
| corpfinsa.com | 2020 | Centurion, South Africa | Offers short-term asset-backed financing for business and entrepreneurial growth. |
Detailed competitors of FundingHub
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Web traffic of FundingHub
The website of FundingHub (fundinghub.co.za) receives about 6.8K visits a month.
- Monthly visits6.8K
▼ 4.6% vs previous month
Websites whose visitors overlap most with FundingHub. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bridgement.com | 100% | 25.2K | #966,341 | View details | |
| lula.co.za | 96% | 49.7K | #322,138 | View details | |
| bidvestbank.co.za | 93% | 119.8K | #271,146 | View details | |
| swoopfunding.com | 82% | 188.7K | #257,085 | View details | |
| finance27.co.za | 76% | #142,421 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for FundingHub
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- 18 similar websites
- Audience overlap
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Related news about Fundinghub
Complete news archive for FundingHub
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Frequently Asked Questions about FundingHub
FundingHub was founded in 2016 and raised its 1st funding round 5 years after it was founded.
FundingHub is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Simon Purdon is the CEO of FundingHub, as recorded in our data.
Provider of a business finance marketplace connecting SMEs with lenders. It offers a streamlined application process allowing businesses to receive multiple loan offers from a network of lenders. The platform provides access to various financing options, including unsecured loans, property-backed loans, merchant cash advances, and purchase order funding. The service aims to simplify the process of securing business finance by comparing offers and facilitating faster funding. It focuses on providing access to reputable lenders and supporting the growth of small and medium-sized enterprises.
FundingHub offers Unsecured Loan, Merchant Cash Advance, and Purchase Order Funding.
FundingHub has 2 investors. Key investors include Finch Technologies, and Fincheck.
FundingHub operates through Fundinghub (Pty) Ltd..
Yes. FundingHub was acquired by Fincheck in August 2019.