Tallinn-based fintech platform Income has secured a €540,000 investment from existing shareholder Dr. Hauptmann as part of a broader €1.5 million funding round, which includes a €250,000 allocation for retail investors via SeedBlink. Founded in 2020, Income connects retail and institutional investors to vetted non-bank lenders and has facilitated over €160 million in loans to date. The company plans to use the new capital to expand into Mexico and the Philippines, double its lender network, and launch a secondary market to improve liquidity for investors. Income reports €19 million in outstanding loan investments, a 77% year-over-year increase, and intends to invest further in platform development, risk management systems, and team growth as it scales.
Income provides a platform for investing in private debt, connecting both retail and institutional investors with vetted non-bank lenders. Founded in 2020, the company aims to bring more transparency and risk management to a sector often criticized for opaque practices and yield-driven models. Rather than emphasizing high returns alone, Income has focused on building a structured investment environment that includes mechanisms like junior shares, buyback obligations, and cashflow buffers to protect investors from downside risks.
CEO Lavrenti Tšudakov states: “Retail investors are no longer satisfied with opaque, yield-chasing platforms. We’ve built Income to serve a new investor profile, more informed, more cautious, and increasingly looking for protections that mirror institutional standards.”
The platform enables investors to participate in loan portfolios across emerging and developed markets, offering access to an asset class traditionally dominated by institutions. By requiring lenders to retain exposure to their own loans and setting legal frameworks for default recovery, Income attempts to align incentives and allocate risk more equitably. With more than €160 million in loans facilitated and a growing base of over 9,000 approved investors, Income positions itself as a more disciplined and sustainable alternative within the evolving private credit landscape.
Founder Kimmo Rytkönen says: “The framework we’ve implemented isn’t a marketing tool, it’s a deliberate system to manage downside risk. That’s what investors care about now.”
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Read the orginal article: https://arcticstartup.com/income-raises-a-e540k/
