Polish lending startup FinAi has raised €1.1m in a Seed round from newly launched regional VC FIDIASZ.
FinAi claims the investment is the largest at this stage in the Polish market and aims to launch its platform in the first quarter of 2018.
The Warsaw-based company was founded in November 2016 and aims to offers a fully-digital lending platform that simplifies consumers’ credit path.
FinAI aims to use biometric screening, online authentication and big data to differentiate itself from the lending options currently available to Polish consumers.
Company CEO Rafał Czernik commented: “FinAi’s platform will be one of a kind on the Polish market, it will merge the needs of banking sector and unique client experience.
“I’m really excited that in such a short period we managed to gather a team of professionals in the chosen areas.
“We also created and confirmed MVP of our platform which ended in huge investment from our current investor.â€
The company currently employs 30 staff and aims to hire 10 more people to strengthen its tech and marketing departments.
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