Vexcash

What Vexcash does

Vexcash AG is a BaFin-regulated German fintech, headquartered at Rahel-Hirsch-Strasse 10, Berlin, that operates a fully digital short-term consumer lending platform. Founded in 2011 as the first provider of Kurzzeitkredite (short-term credits) in Germany, the company issues loans ranging from €100 (new customers) to €3,000 (existing customers) with terms of 1 to 6 months and an effective annual interest rate of 14.82% (bound borrowing rate 13.90%). The application process is entirely self-serve and online: customers complete an application, undergo identity verification via Video-Ident using a webcam or smartphone, and receive a credit decision in real time upon submission of personal data. A distinguishing feature is the SCHUFA-neutral credit inquiry, which does not impact the customer's credit score during pre-qualification, alongside alternative credit-scoring criteria that extend approval to borrowers with medium credit ratings who are typically declined by German banks. The company also markets a subscription add-on called Smart-Paket at €69 per month, providing 24-hour priority processing, SMS payment reminders, and priority customer service.

The technology stack is purpose-built for online origination rather than balance-sheet lending: Vexcash operates as a credit broker and processor, while actual loan disbursement is performed by its regulated banking partner AS Magnetiq Bank. Loan repayment collection is processed via GoCardless SAS (SEPA direct debit), licensed by ACPR under CIB 17118. Marketing and acquisition run through owned digital channels — a German-language educational blog (Wissenswertes), SEO targeting minikredit/kurzzeitkredit keywords, plus Twitter, Facebook, and YouTube profiles — supplemented by an affiliate/partner program. As of input data, Vexcash reports having served over 800,000 customers and processed over 2 million credit applications, with cumulative disbursed credit volume exceeding €250M.

Revenue is generated primarily through interest income on originated loans (14.82% effective annual, on a transactional take-rate model) with an optional recurring subscription layer from Smart-Paket. The customer segment is German residents aged 18+ with a German bank account and a minimum documented monthly income of €500, segmented into general short-term-liquidity borrowers and a secondary persona of medium-creditworthiness customers underserved by traditional banks. The company employs between 11 and 50 people, operates exclusively in Germany, and discloses no venture funding or external investors, implying an organic, founder-/internally-funded growth trajectory.

Name

Vexcash

Legal name

Vexcash AG

Website

https://vexcash.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Vexcash AG is a Berlin-based, BaFin-regulated German fintech founded in 2011 that issues fully digital short-term consumer loans of €100-€3,000 over 1-6 month terms via Video-Ident verification and SCHUFA-neutral credit checks, serving German consumers needing quick liquidity and having processed over 2 million applications.

Ownership category

akta.pro rank

Product category

Consumer Lending

NAICS

Sales Financing (522220)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)

akta.pro secondary industry

Small-Dollar Short-Term Installment Loans (Non-payday) (FSAKAMAI)

Keywords

• Short-term consumer loans
• Online consumer lending
• Digital micro-credit
• SCHUFA-neutral credit
• German fintech lending

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Interest Income: Primary revenue from interest charged on short-term loans. Interest rates are 14.82% effective annual rate and 13.90% bound borrowing rate. Revenue is earned as loans are repaid over 1-6 month terms.
2. Smart Package Fees: Optional monthly subscription service at €69/month providing priority processing within 24 hours, SMS reminders before payment due dates, and priority customer service. This is an optional add-on not included in the effective annual interest rate.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Vexcash AG provides short-term digital consumer loans (Minikredit / Kurzzeitkredit) ranging from €100 to €3,000 with terms of 1 to 6 months, delivered through a fully automated online application process. Customers complete identity verification via Video-Ident and receive real-time credit decisions, with SCHUFA-neutral inquiries that do not impact their credit score. The lending is conducted in cooperation with BaFin-regulated AS Magnetiq Bank, while payments are processed through GoCardless.

Product overview

Vexcash is a German fintech company offering short-term digital loans (Kurzzeitkredite) primarily through its core Minikredit, Schnellkredit, Kleinkredit, Onlinekredit, Privatkredit, and general Kredit products. These products collectively provide micro-loans ranging from €100 to €3,000 with terms from 1 to 6 months, featuring fully digital application processes, SCHUFA-neutral credit inquiries, and Video-Ident verification. The company operates alongside an optional Smart-Paket add-on for priority processing. Vexcash serves as a bridge financing solution for short-term financial gaps until next salary payment.

Differentiator

Problem solved

Functional benefit

Products and services

• Short-term consumer loan (Minikredit / Kurzzeitkredit) Fully digital short-term consumer loan for German residents aged 18+ with regular monthly income of at least €500, a German bank account, and a German residential address. Loan amounts range from €100 to €1,000 for new customers and up to €3,000 for existing customers, with terms of 1–6 months (30–180 days). Features a SCHUFA-neutral credit inquiry (does not impact the customer's SCHUFA score), Video-Ident identity verification, and real-time automated credit decisions. Effective annual interest rate is 14.82% (bound borrowing rate 13.90% p.a.) with no hidden fees and no early repayment penalties. Lending is conducted via BaFin-regulated partner AS Magnetiq Bank.
• Smart-Paket (priority processing subscription)

Quantifiable outcome

• 800,000+ customers served since 2011
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• GoCardlesscoreTechnology or IntegrationGoCardless SAS processes payment collection for Vexcash loans. Licensed by ACPR (French financial supervisory authority) under CIB 17118 for payment services. Handles SEPA direct debit collection of loan repayments securely.
• GrowMyTreeminorGTM or Marketing PartnerPartner firm featured on Vexcash website, indicating a marketing or referral partnership relationship.
• MyCashbacksminorGTM or Marketing PartnerPartner firm featured on Vexcash website, indicating a cashback or referral partnership arrangement.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Cashper: Cashper is one of Vexcash's closest direct competitors in the German Minikredit / Kurzzeitkredit segment, offering small short-term consumer loans (€100–€1,500) with fully digital onboarding. It competes head-to-head on the same product, customer segment, and digital UX, and serves as the most directly comparable benchmark for pricing and conversion.
• Ferratum Bank: Ferratum operates a regulated German bank (Ferratum Bank p.l.c.) issuing short-term consumer loans in the same minikredit / small-loan category as Vexcash. Like Vexcash, it targets digitally-native German consumers needing fast, small-ticket credit, and is one of the few peers that combines a BaFin-equivalent regulated entity with a similar product focus.
• Cashpresso: Cashpresso is an Austria-headquartered digital short-term lender offering a flexible credit line (similar in shape to Vexcash's Kurzzeitkredit) to DACH consumers. While Austria-based, it serves an overlapping German-speaking customer base with a comparable digital-first, SCHUFA-aware onboarding flow.
• Bon-Kredit: Bon-Kredit is a German credit intermediary focused on small consumer loans for borrowers with non-prime credit histories — directly comparable to Vexcash's medium-SCHUFA target customer. It competes for the same borrowers and overlapping product positioning (kleinkredit / kurzzeitkredit).

Broad incumbents

• Smava: Smava is Germany's leading loan comparison marketplace, aggregating offers from banks and credit intermediaries. While it is a broader platform than Vexcash, it competes for the same SEO keywords (kredit, kleinkredit, onlinekredit) and serves the same German consumer seeking small to mid-ticket credit, often routing demand into minikredit-style products via partners.
• Auxmoney: Auxmoney is Germany's largest P2P consumer lending platform, originating personal loans for borrowers who may be underserved by traditional banks — the same medium-creditworthiness segment Vexcash targets. It is a broader incumbent operating across the consumer credit stack rather than specializing exclusively in minikredite.
• CHECK24: CHECK24 is Germany's dominant financial product comparison portal and a major buyer of credit-related keywords. It competes with Vexcash indirectly by aggregating loan offers (including minikredite from partner banks) into a comparison flow, making it a top-funnel competitor for German consumer credit demand.
• Younited Credit: Younited is a European-regulated consumer credit platform operating in Germany with personal loans for the same underserved/medium-creditworthiness segment Vexcash serves. It is a broader incumbent with a multi-country footprint and higher ticket sizes, but competes for the same near-prime German borrower.
• Creditplus: Creditplus is a German consumer credit specialist owned by Crédit Agricole Consumer Finance, offering personal loans to a wide credit spectrum. While its core ticket sizes are larger than Vexcash's minikredite, it competes in the same broad 'Privatkredit für Jedermann' category and increasingly offers digital short-term products.

Emerging players

• Klarna: Klarna's Pay-in-Long-Plan and installment products compete for the same short-term, small-ticket consumer credit demand in Germany, often at 0% promotional rates backed by Klarna's balance sheet. While Klarna's core is BNPL at checkout, it increasingly encroaches on Vexcash's bridging-credit use case via its app and direct lending features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/vexcash
• YouTubeyoutube.com/user/VexcashAG
• Facebookfacebook.com/Vexcash
• LinkedInlinkedin.com/company/vexcash-ag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vexcash