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§ Private Profile · London, England, United Kingdom
AI-powered credit risk and analytics platform for lenders, improving credit scoring and enabling affordable credit for underserved consumers and SMEs.
Finexos is a London-based financial technology company that develops an artificial intelligence-powered credit risk and analytics platform utilizing machine learning and real-time Open Banking data. The company provides a software-as-a-service solution that integrates directly into lenders' existing risk platforms via application programming interfaces to enhance credit decisioning and reduce default rates. By incorporating behavioral analytics through its FIOLA assistant, the platform enables financial institutions to extend affordable credit to historically underserved consumers and small and medium-sized enterprises. To support its market launch and pilot programs, the enterprise secured £695,000 in an oversubscribed equity funding round led by Growth Capital Ventures. The executive team includes Chief Executive Officer Zitah McMillan and Chairman Steven Bone, who are focused on scaling the company's operations across the financial services sector. Finexos was founded in 2017 by Mark Fisher.
Finexos has raised $870K across 1 funding round.
Finexos has raised $870K in total across 1 funding round.
Finexos has raised $870K across 1 funding round. Most recently, it raised $870K Seed in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 7, 2023 | $870K Seed | Growth Capital Ventures | Syndicate Room | Announced |
Finexos has raised $870K in total across 1 funding round.
Finexos's investors include Growth Capital Ventures, Syndicate Room.