Emerada
AI-powered financial platform for SME funding.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Late VC | |
| Total Funding | 000k | ||
Emerada is a Japanese fintech company founded in June 2016 by Taiga Sawamura and Naoki Furukawa. The company's current President and CEO is Shintaro Ino. Sawamura, the founding CEO, previously worked in investment banking at Nomura Securities and Goldman Sachs, where he was involved in corporate acquisitions and financing. This experience inspired him to address the lack of transparency in financing for small and medium-sized enterprises (SMEs), which make up 99% of companies in Japan.
The company operates an online financial platform with a mission to build an open financial system. It targets both SMEs and financial institutions, aiming to simplify and accelerate the funding process. Its business model is based on providing SaaS solutions to financial institutions. For SMEs, Emerada offers "Emerada Cash Manager," a tool for daily cash flow management that can aggregate information from multiple bank accounts. This service allows businesses to share their real-time financial data with banks, facilitating smoother communication and potentially easier access to loans.
For financial institutions, Emerada provides several key services. "Emerada Link" is a data linkage platform that securely collects financial data like bank account and finance details to enable faster credit decisions. "Emerada Analytics" is an AI-powered credit risk assessment engine that uses real-time data and predictive algorithms to help banks automate and improve the accuracy of lending reviews and credit management. The company is also developing "Emerada Smart Bank Assistant," a Banking-as-a-Service (BaaS) cloud solution, and plans to launch "Emerada Payment" to enhance B2B payment cycles. Since its inception, the company has raised approximately $1.8 million over two seed rounds.
Keywords: open banking, SME lending, financial platform, fintech, AI credit scoring, SaaS, cash flow management, credit risk analysis, Banking-as-a-Service, BaaS, data aggregation, business financing, corporate finance, financial technology, Japan, B2B payments, credit assessment, loan automation, digital lending, startup funding
