Startup Wise Guys

Torus is a cloud-based analytics platform for banks and payment service providers that helps control card scheme fees and improve profitability on card transactions. Founded by former Mastercard executives, the company delivers a SaaS solution that enables card issuers and merchant acquirers to track billing updates, reconcile costs, and forecast payments from payment schemes. By analyzing fees at a granular level, the platform reveals optimization opportunities, reduces overpayments, and supports pricing and profitability decisions. The product focuses on unit-level profitability, helping institutions identify leaks, optimize product pricing, and unleash cost-saving potential across the card payout ecosystem. Through proactive monitoring and forecasting, Torus aims to lower overall scheme costs and improve margins for financial institutions without requiring extensive manual resources.

TeklifimGelsin is a personalized financial platform that helps users compare offers from various institutions for loans, investments, and insurance. It facilitates swift application processes, typically under 40 seconds, and provides complimentary services including credit score reports.

SmartBill is a banking API solution for banks and financial institutions. It enables access to the banking and financial data of customers via open banking regulations. Its product line also includes Consent Comes First for consent management, Identity Now for fraud detection and prevention, Affordability Checker for creditworthiness assessment, and Profile 360 for understanding consumer demands.

Sweephy provides an AI-driven regulatory compliance platform that continuously monitors regulatory changes across Europe, Turkey, and the United Kingdom and issues real-time alerts to help firms stay compliant and mitigate non-compliance risk. The platform serves FinTechs, small banks, and stock traders, offering regulation monitoring for 27 EU countries, compliance monitoring, credit risk scoring, and financial regulation analytics to support mid- to long-term decisions. It integrates with regulatory data sources and offers an API for seamless internal-system integration, enhancing operational efficiency. The solution also includes a no-code platform component to automate transaction data clean-up and analysis using pre-trained and fine-tuned contextual AI models, enabling streamlined compliance management, adaptable monitoring, and accurate data-driven insights. Sweephy additionally provides specialized development services to tailor operations to complex regulatory requirements and deliver custom solutions that improve compliance and efficiency.

Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

Jeff is a personalized loan broker that connects borrowers with lenders by utilizing alternative data to assess creditworthiness. Founded in 2019 and based in Riga, Latvia, Jeff aims to provide financial services to the unbanked population who lack traditional credit histories. By gathering data from various digital sources such as smartphones, social media, and geolocation, Jeff creates innovative solutions to evaluate potential borrowers’ credit profiles. The company’s platform allows users to search, compare, and secure loan offers conveniently while also offering loan-related advice. Through its unique approach, Jeff fosters access to financing and aims to establish a new standard for alternative credit scoring.

Jeff is a personalized loan broker that connects borrowers with lenders by utilizing alternative data to assess creditworthiness. Founded in 2019 and based in Riga, Latvia, Jeff aims to provide financial services to the unbanked population who lack traditional credit histories. By gathering data from various digital sources such as smartphones, social media, and geolocation, Jeff creates innovative solutions to evaluate potential borrowers’ credit profiles. The company’s platform allows users to search, compare, and secure loan offers conveniently while also offering loan-related advice. Through its unique approach, Jeff fosters access to financing and aims to establish a new standard for alternative credit scoring.

Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

Torus is a cloud-based analytics platform for banks and payment service providers that helps control card scheme fees and improve profitability on card transactions. Founded by former Mastercard executives, the company delivers a SaaS solution that enables card issuers and merchant acquirers to track billing updates, reconcile costs, and forecast payments from payment schemes. By analyzing fees at a granular level, the platform reveals optimization opportunities, reduces overpayments, and supports pricing and profitability decisions. The product focuses on unit-level profitability, helping institutions identify leaks, optimize product pricing, and unleash cost-saving potential across the card payout ecosystem. Through proactive monitoring and forecasting, Torus aims to lower overall scheme costs and improve margins for financial institutions without requiring extensive manual resources.

Scoriff is a global business credit scoring company that uses artificial intelligence and machine learning to predict the likelihood of default events in businesses worldwide. Unlike traditional methods, Scoriff's approach reduces data acquisition costs significantly, speeds up credit risk scoring, scores previously 'unscorable' businesses, and makes affordable credit scoring accessible to the global SME segment.

Ninja Lender operates a business-to-business-to-consumer marketplace that connects banks and other lending institutions with rejected loan applications. The platform enables lenders to buy and sell these applications online, leveraging API data exchange and a web interface for borrower information. Founded in 2018 and based in Kyiv, Ukraine, the company aims to increase financial inclusion by providing access to credit opportunities for borrowers with previously declined loans, while helping lenders improve efficiency and reduce customer acquisition costs by reallocating rejected applications to other credit providers.

Ninja Lender operates a business-to-business-to-consumer marketplace that connects banks and other lending institutions with rejected loan applications. The platform enables lenders to buy and sell these applications online, leveraging API data exchange and a web interface for borrower information. Founded in 2018 and based in Kyiv, Ukraine, the company aims to increase financial inclusion by providing access to credit opportunities for borrowers with previously declined loans, while helping lenders improve efficiency and reduce customer acquisition costs by reallocating rejected applications to other credit providers.

SmartBill is a banking API solution for banks and financial institutions. It enables access to the banking and financial data of customers via open banking regulations. Its product line also includes Consent Comes First for consent management, Identity Now for fraud detection and prevention, Affordability Checker for creditworthiness assessment, and Profile 360 for understanding consumer demands.