Finlayer
End-to-end tool that helps financial advisors with their main daily activities for a total focus on relationships and administration of a greater number of portfolios.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
| EUR | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 50 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Finlayer operates as an AI-powered, low-code application development platform headquartered in London, United Kingdom. The company was established in 2023 by co-founders Sercan Uste and Goksenin Korkmaz, who serves as the CEO. The platform is engineered to address the challenge of poor user experiences in applications, particularly within regulated industries where shifting compliance requirements can detract from user-centric design, leading to customer attrition and revenue loss.
Finlayer's core offering is a conversational AI agent that enables users to build fintech applications by describing their requirements. The platform then generates regulation-compliant user flows based on established design principles, with the capability of producing an initial version of an app in under three minutes. This approach is designed to allow businesses to go to market in approximately six weeks at a fraction of the traditional cost. The technology stack utilizes generative AI for the application building process and is built upon a React-based web platform.
The platform serves businesses, with an initial focus on the fintech industry, including sectors like lending, and is expanding to reach a broader market. Its business model is primarily subscription-based, charging a recurring monthly fee for using and building applications. Additionally, a one-time fee is applied to publish the completed applications to the Apple App Store and Google Play Store. Key features include a fully customizable drag-and-drop builder, seamless integration with existing APIs without migration, and smart components for functionality. The system also incorporates pre-built integrations with fintech service providers for functions like payments through Currencycloud and Know Your Customer (KYC) operations.
Keywords: AI application development, low-code platform, fintech solutions, mobile app builder, conversational AI, regulatory compliance tech, app development automation, user experience design, rapid app development, API integration, subscription business model, Sercan Uste, Goksenin Korkmaz, no-code tools, app monetization, cross-platform deployment, fintech infrastructure, AI agent, smart components, design-to-code