The National Centre for Research and Development in Poland (NCBR) granted FinAi PLN 7.3 million (ca. EUR 1.75 million) under the Smart Growth Operational Programme. The company aims to build a retail credit risk estimation model using alternative data sources and the latest research and tools in the field of graph theory. FinAi has signed project partnerships with the Faculty of Mathematics and Information Science of Warsaw University of Technology and one of the leading retail banks in Poland.
Poland based fintech FinAi® which is currently developing a lending platform has raised €1,1M in the seed round. Backing comes from a newly started Polish VC – FIDIASZ, belonging to Krzysztof Domarecki - founder of Selena Group. The investment is probably the largest at this stage on the Polish market.