Existing investor Rocket Internet has returned to take part in an $11.8m round for online business lending startup Billie.

Germany-based online lending platform Billie has closed a €10m ($11.8m) series A round that included e-commerce holding group Rocket Internet, Deutsche Startups has reported.

Venture capital firm Creandum led the round with participation from Avala Capital, Picus Capital and Speedinvest. The round also featured Global Founders Capital, according to AltFi News.

Billie has developed a business financing service that provides automated instant credit scoring for small and medium-sized enterprises, allowing customers to move from registration to full approval in under…