GRENKE

What GRENKE does

GRENKE AG is a German publicly-traded financial services group headquartered in Baden-Baden, founded in 1978, that provides equipment leasing, factoring, and banking products to small and medium-sized enterprises (SMEs) across more than 28 European countries (with additional presence in North America, Asia, and South America). Its core activity is small-ticket equipment leasing — typically 12 to 60-month contracts on assets including IT hardware, medical devices, office machinery, vehicles, software, robotics, and increasingly green-economy assets such as e-bikes, e-scooters, and photovoltaic systems — underwritten through digital partner and customer portals designed for rapid credit decisions. The product set spans eight leasing variants (Classic Lease, Teilamortisation, Rahmenvereinbarung, Software Lease, Software mit Lizenzerwerb, Mietkauf, Print Plan, All-in), three factoring products (Factoring Classic, Flex, Choice), and a banking suite delivered via the wholly-owned grenke Bank AG (Geschäftsgirokonten, Mastercard business credit card, microloans, overdrafts, fixed-term and call deposits, plus the grenke Protect insurance add-on). Miete24, an affiliated digital rental platform launched in 2023, extends the offering into short-term rental of IT and household equipment.

Name

GRENKE

Legal name

GRENKE AG

Website

https://grenke.de

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

501–1,000 employees

Short description

GRENKE AG is a German publicly-traded financial services provider that delivers equipment leasing, factoring, and banking products to small and medium-sized enterprises across more than 28 European countries via digital partner and customer portals and an extensive dealer network.

Ownership category

akta.pro rank

Headquarters

HQ city

Baden-baden

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Leasing: GRENKE operates a leasing platform serving SMEs across Europe, financing equipment such as IT hardware, medical devices, office machinery, and other business equipment through short-term contracts typically lasting 12 to 60 months. The company funds its portfolio through a mix of bank debt, bonds, and asset-backed securitizations.
2. Factoring: Factoring services including Factoring Classic, Factoring Flex, and Factoring Choice to provide SMEs with liquidity solutions by purchasing receivables.
3. Banking: Grenke Bank AG provides banking products including business accounts (Geschäftsgirokonten), credit cards, microcredits, overdraft facilities (Kontokorrentkredit), savings products (Festgeld, Tagesgeld), and online banking services.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

GRENKE AG provides leasing, factoring, and banking products to small and medium-sized enterprises across 32 European countries. The company finances business equipment (IT, medical, office, machinery) through short-term leasing contracts, purchases SME receivables via factoring, and offers business banking products through its subsidiary GRENKE Bank AG. Distribution is via a partner/dealer portal, direct sales, digital customer portal, and the Miete24 digital rental portal.

Product overview

GRENKE is a diversified financial services group offering leasing, factoring, and banking products for small and medium-sized enterprises (SMEs). The core leasing portfolio spans 12 named products — Classic Lease (the flagship flexible leasing product), Teilamortisation, Rahmenvereinbarung (master agreement), Software Lease, Software mit Lizenzerwerb, Mietkauf (installment purchase), Print Plan, and All-in — covering assets including IT hardware, medical devices, office machinery, vehicles, robotics, and software. The factoring division operates three products: Factoring Classic (full-service receivables purchase), Factoring Flex (selective invoice financing), and Factoring Choice. The banking arm provides Geschäftsgirokonten (business current accounts), Kreditkarte (Mastercard business credit card), Mikrokredit (microloans), Kontokorrentkredit (overdraft facilities), Festgeld (fixed-term deposits), and Tagesgeld (call deposits). A supplementary rental offering, Miete24, launched in 2023, enables short-term rentals of IT and household items. grenke Protect is a bundled insurance add-on for leased equipment. The group serves SME customers across more than 30 countries, financing assets such as IT hardware, medical technology, E-mobility, photovoltaic systems, and office furniture.

Differentiator

Problem solved

Functional benefit

Brands

• Miete24: Digital rental platform for IT equipment and household appliances offering over 10,000 products with rental durations of 12, 24, or 36 months.

Products and services

• Classic Lease

Quantifiable outcome

• Leasing portfolio of €11.1 billion with record new leasing business in first nine months 2025
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• TeylorcoreStrategic or Co-development Partner · 11 September 2025Teylor, Europe's leading digital SME financing platform, acquired Grenke AG's factoring business. This acquisition is part of Teylor's accelerated international expansion strategy following strategic acquisitions including Germany's creditshelf. The deal represents a significant portfolio transfer for GRENKE's factoring operations.
• Miete24coreStrategic or Co-development PartnerSince 2023, Miete24 is a participation company of Grenke. The digitalized rental portal offers over 10,000 products including IT equipment and household appliances for flexible rental durations of 12, 24, or 36 months.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Emerging players

• iwoca: iwoca is a London-based fintech providing flexible working capital and small business loans to SMEs across Europe. It is an emerging digital-first competitor to GRENKE's banking and microloan offerings for SME customers.
• Funding Circle: Funding Circle is a UK-listed SME lending marketplace operating across the UK, US, Germany, and the Netherlands. It overlaps with GRENKE's SME credit offering through digital origination and serves a comparable small-business customer profile.

Direct peers

• Deutsche Leasing: Deutsche Leasing is a major German mid-market asset finance provider owned by the Sparkassen-Finanzgruppe. It competes head-on with GRENKE in SME equipment leasing in Germany and selected European markets, with a comparable multi-product offering and dealer-driven origination.
• Teylor: Teylor is a Switzerland-headquartered digital SME financing platform that acquired GRENKE's factoring business in 2025. Following its creditshelf acquisition, Teylor has emerged as a direct competitor to GRENKE in digital SME lending and factoring across the DACH region.
• Siemens Financial Services: Siemens Financial Services is the captive and third-party equipment financing arm of Siemens AG. It is directly comparable to GRENKE on industrial equipment, technology, and medical device leasing to SMEs and mid-market customers across Europe.
• DLL (De Lage Landen): DLL is a Dutch-headquartered global vendor finance and equipment leasing company owned by Rabobank. It directly competes with GRENKE in equipment leasing solutions for SMEs across Europe, with similar multi-country distribution and vendor partnership models.
• BNP Paribas Leasing Solutions: BNP Paribas Leasing Solutions is the equipment and asset financing arm of BNP Paribas, serving SMEs and large corporates across Europe. It is one of the largest direct competitors to GRENKE in professional equipment leasing, particularly in France and the DACH region.
• Société Générale Equipment Finance: SG Equipment Finance is the equipment leasing arm of Société Générale, providing asset finance solutions to SMEs and corporates across Europe. It is a direct competitor in vendor finance and SME leasing in markets where GRENKE operates.

Broad incumbents

• LeasePlan: LeasePlan is a global fleet and vehicle leasing giant (now majority-owned by ALD/SG). While its core is mobility rather than small-ticket equipment leasing, it overlaps with GRENKE on vehicle leasing within its portfolio and operates a broad European footprint.
• ALD Automotive: ALD Automotive is a Société Générale subsidiary and one of Europe's largest vehicle leasing and fleet management providers. It competes with GRENKE on the vehicle segment of the leasing book and shares the SME customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grenke-ag
• Xx.com/grenkebank

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments4 records

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

Frequently asked questions about GRENKE