Fintech Market

Fintech Market

IT Services and IT Consulting

Tartu, Tartumaa 1,389 followers

All-in-one system for financial institutions. Including features for SME/consumer lending, car lease, BNPL and neobanks.

About us

Fintech Market (FTM) offers a SaaS-based lending and risk management software for financial service providers. The platform covers loans, deposits, current accounts, and investments and includes features such as CRM, KYC, risk, and debt management. The solution is designed for neobanks, personal and SME loan providers, car leasing businesses, and buy-now-pay-later providers. FTM serves clients in the EU, Mexico, and Indonesia. Our scalable no-code platform enables quick implementation and flexibility to build the solution according to specific business needs. With minimal development and integration time, you can speed up change management and improve the adaptability of your business processes. A highly configurable and modular approach gives a chance to customise the software and use it as a complete solution or in independent modules. Separate applications such as Decision Engines for better risk assessment and Banning Policies for improving compliance and customer data oversight can also be integrated into your existing systems.

Website
https://fintech-market.com
Industry
IT Services and IT Consulting
Company size
11-50 employees
Headquarters
Tartu, Tartumaa
Type
Privately Held
Founded
2018
Specialties
Consumer Lending and Credit, Risk Management, Auto Financing, Car Leasing, SME Lending, Risk Analytics, Purchase Financing, and Mortgage Lending

Locations

Employees at Fintech Market

Updates

  • Congratulations to the Finfra team on their recent funding news! 👏 We are excited to see the following achievements you will conquer in Southeast Asia.

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    1,637 followers

    💵 Funding News: 🗓️ News Month: October, 2024 🚀 Finfra Raises $2.5M to Transform Lending in Southeast Asia! 🇮🇩 Jakarta-based Finfra, an API-driven lending infrastructure provider, is driving growth and innovation for non-financial platforms, empowering them to enhance user engagement and unlock new revenue streams. Funding Highlights: 💰 Funding Round: $2.5M 🎯 Led by: Cento Ventures 🤝 Investors Include: Accion Venture Lab, Z Venture Capital, Matiss Ansviesulis, and existing backers What’s Next for Finfra: 🔸Enhanced Capabilities 🛠️: Expanding onboarding for customers and refining data analytics, scoring, and risk assessment tools. 🔹Southeast Asia Expansion 🌏: Partnering with Tyme Group to establish a presence in new markets like the Philippines and beyond. Key Milestones: 🔸Client Base Growth 📈: Doubled clients since the last fundraise. 🔹Impact: Facilitated $65M in credit for underserved Indonesian businesses. 🔸Major Customers: GoCement and Mekari. 🔹Profit Surge Expected: Over 2x growth in quarterly gross profit by Q4 2024 vs. Q4 2023. CEO Markus Prommik’s Vision: 🗣️ "Our focus is to provide sustainable, compliant, and scalable lending solutions that drive meaningful impact for businesses and communities." Finfra’s innovations are setting a new benchmark in Southeast Asia’s lending landscape! 🌟 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs ♻️ Repost if you think this insight is worth sharing!

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  • Fintech Market Partners with KIB to Transform Credit Risk Management in Latvia 🇱🇻 We are pleased to announce our partnership with KIB (Kredītinformācijas Birojs), Latvia’s leading credit information bureau. This collaboration integrates KIB’s extensive credit data into our Decision Engine, providing financial institutions in the Baltic region with tools to improve credit risk management and decision-making. How the Partnership Supports Better Credit Decisions: 🔍 Comprehensive Credit Data Access KIB’s data on consumers and businesses offers lenders detailed insights into creditworthiness. Lenders can use the data in the Decision Engine to perform real-time risk evaluations and make well-informed decisions. ⚡ Automated Decision Processes Lenders can reduce manual effort and standardize credit evaluations by combining KIB’s data with the Decision Engine’s workflows. This enables faster application processing while maintaining consistency. 🚀 Seamless Integration No additional technical setup needed! KIB’s API is pre-integrated with our platform, allowing financial institutions to start using the solution without additional technical development. This integration ensures quicker adoption and smooth implementation. Learn More: To see how the Decision Engine, integrated with KIB’s data, can benefit your business, contact our Head of Business Development, Daaniel Ipsberg.

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  • We’re pleased to see Hoovi expanding their loan portfolio and delivering strong financial results while making great use of our system. Congratulations to the Hoovi team! 👏

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    195 followers

    ✨ Our Journey of Growth Continues! ✨ We’re pleased to share our financial results for Q1–Q3 2024, reflecting significant progress in supporting SMEs in Estonia and beyond. 🚀 Key financial highlights: 🔸 𝗦𝗮𝗹𝗲𝘀 𝗥𝗲𝘃𝗲𝗻𝘂𝗲: €1.7M (+95% YoY) 🔸 𝗘𝗕𝗜𝗧𝗗𝗔: €1.1M (Margin: 55%) 🔸 𝗡𝗲𝘁 𝗣𝗿𝗼𝗳𝗶𝘁:  €364K 🔸 𝗟𝗼𝗮𝗻 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗚𝗿𝗼𝘄𝘁𝗵: 71% 🔸 𝗡𝗲𝘄 𝗟𝗼𝗮𝗻𝘀 𝗗𝗶𝘀𝗯𝘂𝗿𝘀𝗲𝗱:€4.9M These achievements are a testament to the trust of our clients and the hard work of our team. With Q4 ahead, we’re excited about what’s next! #Growth #SMEFinancing #InvestWithUs #Innovation

  • Fintech Market and Suomen Asiakastieto Oy Form Strategic Partnership to Elevate Credit Risk Management in Finland We are pleased to announce a strategic partnership with Asiakastieto, Finland's most esteemed business and credit information service providers. By integrating Asiakastieto's comprehensive data solutions into our Decision Engine, we are enhancing credit risk management capabilities for our clients in the Finnish market, ensuring greater accuracy, efficiency, and compliance. Key advantages of this collaboration include: 📈 Extensive Credit Report Coverage: Asiakastieto provides a broad scope of credit reports, encompassing both consumers and businesses. This data enables lenders to access detailed data on creditworthiness, enhancing decision-making accuracy by providing a deeper understanding of the financial profiles and credit behaviors across various segments. 🔄 Automated and Precise Credit Decisions: The integration of Asiakastieto's extensive data repository with our Decision Engine module streamlines the credit assessment process, enabling lenders to make well-informed decisions that significantly reduce the risk of defaults. ✅ Pre-Integrated Solution for Seamless Adoption: Our Decision Engine already includes Asiakastieto's API connection, meaning clients can avoid the complexities of a separate integration process. This plug-and-play solution allows financial institutions to focus on making better decisions without needing technical development, saving valuable time and resources. This partnership underscores Fintech Market's commitment to providing innovative, data-driven solutions that empower lenders and financial institutions to make optimal credit decisions with confidence and ease. 🔐 Interested in seeing how the Decision Engine works? Schedule a demo with our Head of Business Development, Daaniel Ipsberg, today to discover how it can support your business in the credit risk management field.

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  • 💡 We are excited to announce a collaborative partnership with KPMG Law Estonia, our region's well-known legal service provider. 📖 This strategic alliance combines Fintech Market's in-depth knowledge of the fintech industry with KPMG Law Estonia's established expertise in regulatory compliance, tax, and business consulting. The partnership empowers our current and future clients to have access to a trusted legal partner to navigate the intricacies of the financial landscape. KPMG Law Estonia's seasoned team will be available to address regulatory concerns, advise on tax optimization strategies, and deliver valuable business consulting services. This support ensures Fintech Market's clients have the necessary resources to succeed in the fast-changing world of lending, finance, and fintech.

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  • Fintech Market and Finexos Partner to Enhance Risk Management with AI-powered Decisions We're glad to announce our partnership with Finexos, an AI-powered credit risk and analytics software. This integration can supercharge your credit risk management with the following: 🔄 Automated & Enhanced Approvals: Finexos' machine learning platform streamlines the process, delivering faster and more accurate decisions. ❗️Reduced Risk & Defaults: By leveraging advanced machine learning and behavioral analysis, lenders can minimize risk and defaults by up to 72%. ✅ Expand Your Reach: With the ability to identify creditworthy borrowers who may have been overlooked by traditional methods, FTM clients can broaden their customer base and promote financial inclusion. This partnership aligns perfectly with FTM's ambition to provide innovative solutions that empower lenders to make better decisions and achieve efficiency without additional development. 🔐 Ready to unlock the power of AI in your lending decisions? 

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  • 📈 At Fintech Market, we're constantly seeking innovative solutions to optimize the lending experience for both businesses and customers. KYC/AML compliance can often be a hurdle, but what if it could be a value driver? 📑 That's why we sat down with Povilas Steikunas , Head of Partnerships at Ondato, a leading provider of AI-powered verification solutions. In this interview, we delve into the evolving KYC landscape, exploring current trends and future predictions. 🔐 Learn how Ondato's technology, integrated into our core lending system, helps our clients achieve frictionless onboarding while maintaining robust security. 📌 Discover how the KYC industry is transforming and gain insights to prepare your lending business for the future! 🔗 Find the link of the article in the comments below. #FinTechMarket #KYC #AML #Innovation #FutureofFinance

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  • 📍 Fintech Market makes its mark at FTT Lending 3.0 Our representatives recently joined industry leaders at the FTT Lending 3.0 summit in London, UK (by Fintech Talents). As a key gathering for the lending space, the event brought together over 200 decision-makers with a significant C-suite presence. This diverse group of attendees consisted of experts from financial institutions, modern fintechs, software providers, and VC funds. The summit's presentations tackled critical industry issues through various panels, with several sparking Fintech Market's interest: ⚙ "Automatic for the people - faster, accurate, and more efficient credit decisions." 🚫 "New Horizons, New Risks: The evolving financial crime landscape" ⚡ "Roundtable: AI - leading the way to the future of lending" These panels highlight the industry's focus on automation, navigating the evolving threat landscape, and leveraging artificial intelligence for a more streamlined and secure lending experience. In addition to the panels and presentations, Fintech Market's Siim-Erik and Daaniel had multiple meetings and a lot of networking with potential clients, partners, and business connections. Our business developer Daaniel said: "I had pretty big expectations regarding the event, as it was announced as one of the UK's biggest lending conferences. We didn't have to disappoint, as many top-level industry players participated and were open to connecting and learning about our lending software. In addition to new connections, the most significant value of the event was the direct insights into the UK credit market that we'll use in our future strategic decisions."

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  • View organization page for Fintech Market, graphic

    1,389 followers

    Join us at FTT Lending 3.0, one of the UK's most well-known lending events. Our CEO, Siim-Erik Paju, and business developer, Daaniel Ipsberg, will represent Fintech Market onsite to create valuable connections and introduce ways to automate and digitalize lending processes. The event is hosted by Fintech Talents and will happen on March 19th at, etc. Venues St. Paul's in London, where the next generation of lenders, loan providers, fintechs, credit, and capital allocators will get together. Sponsoring events like FTT Lending is crucial for us, as they provide the perfect forum for lenders and software providers to collaborate, grow, and drive innovation together.

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  • Fintech Market reposted this

    📣 We are delighted to announce our partnership with all-in-one loan management system Fintech Market. 📲 The Fintech Market platform covers various aspects of the lending software sector, including loans, deposits, current accounts, and investments, while also incorporating functionalities such as CRM, KYC, risk mitigation, and debt management. Their wide range of setup possibilities makes it an ideal loan servicing solution for meeting diverse requirements.   The addition of the Finexos state-of-the-art machine learning platform enables Fintech Market clients to: ✅ provide safer credit to a broader customer base  ✅ reduce default rates by up to 72%  ✅ reduce costs at every stage of the lending cycle  ✅ access real-time monitoring when live data sources are available ✅ also benefit from a highly accurate complimentary Loan Book Vulnerability Assessment of their existing loan books 🤝 We greatly look forward to working with Fintech Market to drive innovation and deliver an automated and enhanced credit-decisioning process that can significantly improve outcomes for their clients. Read more about this exciting new partnership here 👇 https://lnkd.in/edU4ajYa #credit #loans #risk #lenders #defaultrates #AI #dataanalytics 

    Finexos partners with Fintech Market

    Finexos partners with Fintech Market

    https://www.finexos.io

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