5 October 2018 leonarto

INNOVATIONS IN THE FINTECH INDUSTRY. MEET FUNEDA – OUR NEXT INVESTMENT

Funeda is an innovative company from the consumer financial services sector. The company develops an advanced creditworthiness and fraud risk assessment engine based on the Big Data methods and self-learning algorithms. The technology based on machine learning makes algorithms evolve and calibrate parameters in real time. The unique feature of the engine is the possibility of its application in various markets. Funeda started operations on the Polish FinTech market in April this year, while in Q42018 it plans to start operations on the first foreign market, with a potential much higher than the Polish market.

Leonarto Alfa investment is co-financed by the European Union from the European Regional Development Fund under the Operational Program Smart Development, Sub-measure 1.3.1. Support for research and development projects in the preseed phase by proof of concept funds – BRIdge Alfa.

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