ECSA

ECSA

AI-powered credit risk modeling for financial institutions.

HQ location
Blumenau, Brazil
Launch date
Employees
Enterprise value
$12—18m
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-investor investor investor

€0.0

round
N/A

€0.0

round
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$3.0m

Seed
Total Funding000k
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More about ECSA
Made with AI
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ECSA provides a platform for financial institutions to build, validate, and deploy advanced credit risk models. The company's core offering is a no-code, AI-powered solution that enables banks and other lenders to enhance their risk assessment capabilities, automate decision-making processes, and ensure regulatory compliance with standards like IFRS 9 and CECL. The platform is designed to serve clients ranging from traditional banks to fintech companies. It operates on a Software-as-a-Service (SaaS) business model, generating revenue through subscriptions.

The company was founded in 2022 by Luca Matei, who serves as CEO, and Ioan Tarnovan, the CTO. Both founders have backgrounds in software development and experience within the financial technology sector, which directly informed the creation of ECSA. Their goal was to address the complexities and inefficiencies of traditional credit risk modeling by leveraging artificial intelligence. ECSA has participated in accelerator programs such as the 2023 F-LANE Accelerator and was recognized as the winner of the 2022 UNIQA & EBA hackathon.

ECSA's platform allows for the integration of alternative data sources and provides tools for model explainability (XAI), which is crucial for regulatory audits. By automating much of the modeling lifecycle, from data processing to validation and deployment, it aims to reduce development time and costs for its clients while improving the accuracy of their risk predictions.

Keywords: credit risk modeling, financial risk, SaaS, regulatory compliance, AI platform, no-code, IFRS 9, CECL, fintech, loan portfolio management

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