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FinTech Company Investment Opportunity in Oslo, Norway

Personal finance management application supported by ML and AI algorithms showing statistical representation of data.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech + 1 more
Locations  Oslo
Local Time 4:46 AM Europe / Oslo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 140 thousand for 10.0% stake (Native Currency: NOK 1,500,000)
Reason: We seek investment for further platform development and go to market activities.
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
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Business Name
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Pitch
OnePager
Business Overview

- We are building a personal finance application that shows a statistical representation of expenses and income of individuals.

- The app shows the various sources of income of an individual and how they spend them.

- The app is supported with Machine Learning (ML) and Artificial Intelligence (AI) algorithm for complete automation.

- The app will be linked with Bank ID of users and it will also suggest on cost reduction and savings.

- We have successfully built the app to 65% of MVP, seeking funding for further development.

- Have received grant from Innovation Norway.

- We follow General Data Protection Regulation (GDPR) and Payment Services Directive 2 (PSD2) guidelines and regulations.

- Founder holds 10 years of experience in the field of Business Intelligence and Data Analytics from Finance and Banking domain.

Products & Services Overview

ML & AI based personal finance management application.

Back-end endpoints to be used as API.

Marketplace opportunity through benchmarking.

Gamification of personal finance to make it attractive.

Facilities Overview

Based in Oslo, Norway at the main district of the Norwegian capital.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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