[1] Using the crowdfunding model, the company based in Berlin, Germany[2] aimed to create a direct link between private lenders and small businesses seeking loans.

[1][3][4][5] As of December 2014, Zencap had facilitated 5 million Euro in loans to small and medium-sized firms.

[7][8] The company, based in Berlin, was founded in March 2014[9][10] by Christian Grobe and Matthias Knecht, with support from Rocket Internet.

[14] In October 2015, Zencap was acquired by UK based Funding Circle, another lending platform in Europe.

[15] The merge made Funding Circle one of the main peer to business lending leaders in Europe.