Earlier this month, two Polish investors — a group of venture capital funds SpeedUp and angel venture capital firm bValue — invested €400,000 in bNesis, a startup founded by a Ukrainian team.
The news was reported by bNesis’ CEO Dmitriy Norenko on his Facebook page earlier this month. “The whole team will work hard to become the first Ukrainian-Polish fintech unicorn,” commented Norenko.
According to CrunchBase, this investment brings the total amount attracted by the startup so far to over €500,000.
bNesis sets up a hub on a credit institution’s premises that allows data transfer from multiple data sources (payment, e-commerce, social media, credit bureau and banking systems) to different, external and internal scoring engines.
Currently, the startup employs 10 people, with ten of them located in Ukraine.
The company is in discussions about, or in the process of launching pilot projects with several banks in Poland, Hungary and India. These banks include BGZ BNP Paribas, Alior Bank, ING, OTP, MKB Bank, and YES Bank.
In Ukraine, the startup is currently in talks with Ukrsibbank and Alfa-bank. The company also expects to ink cooperation with the major Polish bank PKO.