sTARTUp Day selected the best early-stage startup - Jeff App
What does Jeff App do? In the absence of traditional credit data, Jeff taps into the power of what people do have: device metadata, geolocation, contact information, behavioral patterns, 3rd party data & more, building alternative credit scores to help the underbanked population.
“A week ago I was super happy because we had recently closed our pre-seed round,” said Toms Niparts, the founder of Jeff App. “And now this… This is a good example of how things in the startup world can change. It takes a day or two to really get used to this idea.”
They won the EstBan-lead syndicate investment that is 180 000 €. They also won Swedbank Eestis’s award of 10 000 € equity-free money.
"On the one hand, the Jeff App is a very high risk, but investors see great potential to one day be a unicorn, mainly because they have a great team," commented Anu Oks, Managing Director of EstBAN.
All the awards and the winners are here:
Ϟ EstBAN-led syndicate with €170,000 to invest
Jeff App (Latvia)Jeff is a loan broker, utilizing alternative data to boost financial inclusion.
Ϟ €10,000 equity-free cash from Swedbank Eesti
Jeff App (Latvia)
Jeff is a loan broker, utilizing alternative data to boost financial inclusion.
Ϟ €5,000 equity-free cash from RIA.com
DriveX (Estonia)DriveX automates vehicle inspection utilizing cameras with AI and connected car data.
Ϟ Tickets to NOAH Berlin Conference
Solfeg.io (Latvia)Solfeg.io simplifies music teaching in schools and inspires practicing at home with the use of top hit songs and AI chatbots
Ϟ Tickets to TechCrunch Disrupt in San Francisco
Pulse & Fidelity (Estonia)
We are creating a streaming amplifier with superior audio quality, with user experience optimized for streaming services. Just a small module behind each speaker and power cable.
Ϟ Legal counseling by Sorainen
Jeff App (Latvia)Jeff is a loan broker, utilizing alternative data to boost financial inclusion.
PayQin (United Kingdom)
PayPal for the unbanked.
autom8 (Estonia)
Autom8 provides an automated service for securing web, mobile and third-party applications enabled by machine learning.
Ϟ $10,000 AWS service credits from Cloudvisor
Jeff App (Latvia)Jeff is a loan broker, utilizing alternative data to boost financial inclusion.
Ϟ Tickets to Summit Summit in Iceland from Tera Ventures
Aligner (Estonia)Aligner enables to translate and update content across 140+ languages 7x faster than any alternative on the market.
Congratulations to all the winners
and see you already next year 27-29 January 2021 in Tartu!
Calling All Startups: Apply Now for sTARTUp Pitching 2025!
