Five Degrees demoed at FinovateEurope 2017. Here's how they describe their product/innovation: "We will demo how to automate on boarding for SME’s with multiple directors, including personal identification, KYC and Dunn & Bradstreet credit checks. We will show how we connect to the SMEs accounting system to do risk monitoring for the bank and predict cash shortages for either risk mitigation or proactively propose an additional credit facility to the client. We will show how easy it is to add another country to an existing lending operation. We will set up a new lending product in the back office (with local tax and fee schemes), add a local KYC/CDD provider to the process flow and use our form template editor to change form fields that are used in the customer interface. We can do this without any coding!"
Product Demoed: Matrix digital banking platform / Matrix Accounts core banking
Product Launch: Currently Live
Metrics: Money raised to date: 15mn, no. of employees: 110, registered users: 10.
Presenters: Björn Holmthorsson (CTO & Co-Founder), Andrew Fay (CEO & Co-Founder)
Find out more here: [ Ссылка ]
