Fintech
Fintech Farm raises $32 million in funding
Fintech farma London, UK-based fintech startup that provides the tools to create neobanks in emerging markets has raised $32 million in funding.
The funding included an initial Series B round led by Nordstar and an extension Series B round led by London Stock Exchange-listed Bank of Georgia.
The company intends to use the funds to continue expanding its operations and business reach.
Founded by Dmytro Dubilet, Oleksandr Vitiaz and Nick Bezkrovnyy, Fintech Farm provides a platform that enables traditional banks to create and manage digital banks (neobanks) via a mobile app, as well as an entire end-to-end technology stack. The company develops AI-based credit engines and credit models, creates data-driven customer acquisition and retention processes, and customer services.
Fintech Farm’s projects include Leobank in Azerbaijan, Liobank in Vietnam and is launching new products in Kyrgyzstan and India in 2024.
Financial SMEs
05/14/2024