Press room
Income returns to SeedBlink after strong performance and growth surge
Estonian fintech pioneering scalable P2P lending rejoins SeedBlink for second funding round
Bucharest, June 02, 2025 — SeedBlink, the European private markets infrastructure, announced today that Income, the next-generation P2P investment platform from Estonia, is returning to SeedBlink for a second fundraising round following a standout performance since its initial campaign. The fintech company, which connects retail and institutional investors to vetted non-bank lenders, continues to reshape access to debt investments with its secure, transparent platform.
Founded in 2020, Income has rapidly established itself as a key player in the alternative lending space, offering institutional-grade features like Buyback Obligations and a Cashflow Buffer to mitigate risk and provide investor confidence. With a proprietary loan registry system replacing traditional spreadsheet-based methods, the platform is delivering a seamless, technology-enabled investment experience.
“The European P2P lending market is projected to hit €180 billion by 2031. Income is uniquely positioned to scale within this booming sector by offering both trust and tech,” said Lavrenti Tšudakov, CEO at Income.
Milestones since first campaign
Income’s first SeedBlink campaign raised over €1.15 million, with backing from notable strategic investors including Tolaram Fintech. Since then, the company has accelerated growth across all metrics:
- €160M+ in loans funded
- 54% YoY revenue growth in 2024
- €19M assets under management (AUM) as of December 2024, nearly doubling in eight months
- 9,500+ approved investors, with plans to double in the next year
- Global expansion efforts underway in LATAM and APAC, namely Mexico and the Philippines
Built on a lean and scalable model, Income projects a lifetime value-to-customer acquisition cost (LTV/CAC) ratio of 11.9x by 2026, outperforming many peers in revenue-to-AUM efficiency—all with minimal external funding to date.
Use of funds
Proceeds from this second round will be directed toward onboarding new investors and loan originators, enhancing platform security and functionality, and fueling international growth.
Income is led by a seasoned team with deep fintech and capital markets experience, including Founder Kimmo Rytkönen (ex-AMAR Digital Bank IPO), CEO Lavrenti Tšudakov, and CTO Jüri Pruulmann.
As the demand for alternative, secure investment platforms continues to grow, Income is set to lead the charge into a more transparent and tech-driven lending future.
Discover more and invest in Income via their round on SeedBlink.
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About Income
Income is an Estonian fintech company revolutionizing access to debt investments for both retail and institutional investors. Founded in 2020, the company has developed a next-generation P2P investment platform that connects investors with vetted non-bank lenders, prioritizing transparency, security, and scalability. Its key features, including Buyback Obligations, a Cashflow Buffer, and a proprietary loan registry, offer institutional-grade protections that help minimize risk.
With over €160 million in loans funded, €19 million in AUM, and 9,500+ approved investors, Income has demonstrated rapid growth and strong investor traction. Income is led by a team of experienced fintech professionals and backed by strategic investors including Tolaram Fintech.
More information at getincome.com
About SeedBlink
SeedBlink is the private market infrastructure that empowers founders to raise and manage their equity, while enabling investors to diversify their portfolios. By integrating the capital stack - primary investments, secondaries, and equity management tools-, we connect individual investors, syndicates, and institutional partners with high-growth companies, amplifying the European private tech markets.
More information at www.seedblink.com
PublishedJune 06, 2025
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