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Weemba logo — company profile

Weemba

Founded 2009 United States Miami Beach, United States 1 employees Series A Total: $10.46M Finance, Financial Services

General Information

Company Name Weemba
Founded Year 2009
Location United States Miami Beach, United States
Employees 1
Industries Finance, Financial Services
Funding Stage Series A
Social

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About Weemba

Weemba is a finance startup founded in 2009. The company has received a $2.40M Series A investment from Breslau Capital Partners on 13 September 2011. Weemba aims to revolutionize the interaction between consumers, commercial borrowers, and professional lenders through its online financial community. By employing state-of-the-art safeguards and a user-friendly social media format, Weemba enhances the likelihood of successful financial outcomes for its members. For borrowers, the process on Weemba is quick and free. They can use their existing Facebook profiles or create a specific profile on the platform. Borrowers post their projects to obtain financing from registered lenders, providing comprehensive details including income, education level, veteran status (for individuals), as well as employee count, annual sales, and articles of incorporation (for businesses). Lenders can easily search for loan projects based on various criteria such as credit score, loan amount, location, and purpose. Upon finding an interesting project, lenders can send a "friend request" to the potential borrower for access to real identity and private project details. Further contact and negotiations between borrowers and lenders take place outside the Weemba platform. Weemba's innovative approach to financial interactions positions it as a promising venture in the financial services industry. The company's successful funding round with Breslau Capital Partners indicates investor confidence in its business model.

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $2.40M 1
Breslau Capital Partners
Breslau Capital Partners
13 Sep 2011
Private Equity Round $8.06M -
11 Nov 2009

Weemba Alternatives & Competitors

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FAQ About Weemba

Weemba is the premiere online financial community revolutionizing the way consumer and commercial borrowers and professional lenders interact. Utilizing state-of-the-art safeguards and an easy to use social media type web format, Weemba exponentially increases the likelihood of successful financial...
Weemba was founded in 2009.
Weemba is headquartered in Miami Beach, United States.
Weemba operates in Finance and Financial Services.
Weemba has approximately 1 employees.
Weemba has completed 2 funding rounds, raising a total of $10.46M. The latest funding stage is Series A.
Top alternatives and competitors to Weemba include CreditEnable, Wallace Finance, CreditMantri, Owner Builder Loans, LLC, Panacea Financial. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Weemba and CreditEnable are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Weemba, https://bouncewatch.com/company/weemba, updated 18 November 2024. When citing, please name BounceWatch and link this page.

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