Cross-border
credit data
for banks
Licensed by FSA
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/aaf50acc-5f3e-461e-997b-50c487ad2d42-mifundo-1080x1080.jpg)
Cross-border lending in EU
does not function
does not function
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/6f6f3152-fb8d-42e8-a868-7ec83cd95129-mifundo-1080x1080-36.png)
Clients
- No credit to expats & multi-country people in EU
- No actual freedom to move in EU
Banks
- No capability to assess credit risk of foreigners
- High cost to even test any new country
Mifundo - pan-EU cross-border credit data for banks
Passportable Financial Identity for consumers
Passportable Financial Identity for consumers
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/d3127af9-8f6d-42af-a45a-f6e3ab4485b2-untitled-design-1.gif)
Use cases
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/fab71430-d7ee-4052-a45b-f2d69abdf70f-471f635a-a0ff-46e4-af00-d4764bfae731-picture1-original.jpg)
For customers
Customer moving out of home country.
- Relocation to a new country
- Daily commuting between multiple countries
- Buying property in another country, eg second home, holiday house
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/539ffafe-efb9-4ebf-beaf-78fa204594f6-e134a638-c67c-4b47-b69d-5fbaa106371d-untitled-design-13-original.png)
For banks
Foreign customers in bank’s home country
- Data from cross-border credit bureaus
- Data from other cross-border registries
- Foreign bank account statement analysis
- Data analysis and risk scoring
- Affordability calculations, Probability of Default prediction, standardised Credit Score
- Possible to report back to the cross-border credit bureau to reduce credit risk
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/bd3dfb72-c5a3-4dfe-bee6-06adea7afb8d-untitled-design-14.png)
Additional options
New foreign customers from Mifundo
- Customers looking for a bank in Mifundo
- Pre-defined risk appetite matched to appropriate customers
- Mifundo sends customer´s full data and credit risk assessment to bank
Starting operations in new country
- Expanding with low cost and low risk
- Live market studies and small-scale operations
- One single connection with Mifundo = multiple countries
Choose your plan
In all cases connection over API or manual process in the bank portal of Mifundo.
Beside EU data also certain non-EU countries are available.
Main
Data collection & risk analysis
Includes:
- Data from cross-border credit bureaus
- Data from other cross-border registries
- Foreign bank account statement analysis
- Data analysis and risk scoring
Optional:
- Combining data from multiple countries into one single analysis
- Reporting back to foreign credit bureau
- AML & PEP check
Bonus
New foreign customers
- Loan applications
- Collecting data from customer
- Preparing and signing loan contract
Team
Our team members have built up a bank operating in 9 countries and have experience from Skype, Bolt, Pipedrive.
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/9ab4775e-1ca2-4b42-8e9a-6c60e179dd12-3665c66a-0d9d-43a4-ae0a-417c214419f2-gk-4372-kaido.jpg)
Kaido Saar
CEO, Co-founder
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/8fbe8615-d471-4e37-a898-6b3248f6868e-49f52bca-99e0-4d49-8cb2-bbe01cd71b78-gk-4269-marko.jpg)
Marko Käis
Tech Architect, Co-founder
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/ea0f13c0-53d0-4d89-8dc2-761a950d6424-67f55fcd-909e-4588-8e24-2497dbd08918-gk-4332-keiu.jpg)
Keiu Kalaus
CPO
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/88c2aff0-7bf0-4cc7-b03b-0c697765558c-bc195d24-f8a3-4b58-8e53-8c4c6bd4f3b3-gk-4421-juri.jpg)
Jüri Pruulmann
CTO
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/27588f58-66d9-4306-8d84-f9d5587d357d-banks-2.png)
Shahab Anbarjafari
Machine Learning Expert
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/d93906ab-366c-4141-bb39-08a1f666db8b-c134a37e-b085-4a6a-ba7e-4e59beea6a2b-artis.jpg)
Artis Gromuls
Chief Data Officer
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/92223f65-1787-4bde-8b41-733afaffed6f-banks-3.png)
Liis Halling
Chief Legal Officer
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/2db70ac4-8b8d-4fd6-9f56-d038bb36c916-banks-4.png)
Sergei Anikin
Tech Advisor
International recognition
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/35907402-bee1-4afa-b43c-d9631991817a-368afbd5-2ccc-4fc9-bf65-bb88f1e7b295-picture8.png)
![](https://app.unbounce.com/publish/assets/1ee685fc-87e1-4777-9b7d-94183e61cebd/1f45452d-768b-4469-b77a-f02d3e7e3251-db67895c-80af-46b5-8c48-bf09ca8aa68b-lighthouse-square-400x400.webp)
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/831bdea6-d6de-4a5e-af04-130df6645e22-008595df-3a27-459c-b2d3-076ea63d2a26-picture5.png)
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/8515343c-6e47-47ef-9eb1-dee127ea9084-picture4.png)
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/07d9cf7a-5c9e-462c-9601-2c482288a2d0-601f4cb3-b4da-40f8-bed6-d7501eae4f97-picture3.png)
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/3c713c94-f11c-47d6-bf2b-a8cb23fc2bc6-picture7.jpg)
![](https://d9hhrg4mnvzow.cloudfront.net/banks.mifundo.com/e3d309b0-7656-467c-92a5-850806f868bb-picture9.png)