Finolog 2.0
Financial Services - Moscow, , Russia
Finolog 2.0 Employees
Finolog 2.0 Senior Management
Finolog 2.0 Details
Global Platform For Small And Medium Enterprises FinancingWe truly believe that small and medium-sized enterprises (SMEs) are vital for the global economy, and their success is essential to economic growth and prosperity. They are the ones to boost the sagging economy because they have the unrivaled potential to create jobs and put money back into communities. 99,7% of 400 mln registered companies in the world are SMEs. Despite of their importance they are experiencing massive pain: up to 70% from them have no access to capital or bank loans. Lack of SMEs' financing is estimated at more than 3 trillion US dollars (WorldBank statistics).Finolog is building a global ecosystem for solving that large scale issue. We decentralize the existing financial system controlled by banks today by building the marketplace that brings together businesses and capital. Based on the analysis of the financial data we build " business trust" graph and help businesses to find truly trusted biz partners. Their existent trust becomes transferrable and they effectively can effectively attract funds through each other. We implement that by using technological advancements such as blockchain and clouds technologies.Entrepreneurs now don't have to apply for the bank loans, fill in piles of papers and wait for the answer for months. Banks and investors can now select trustable and reliable entrepreneurs and increase their profits by reducing their marketing and operating costs.Join our movement to create the decentralized financial future.
