JSC"Finbro" R&D activities in order to increase competitiveness in the field of ICT
Finbro ·Lithuania
About this project
<p style="text-align: justify"><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: #000000"><span style="font-family: Times">The aim of the project is to develop a financial services platform that unites financiers and helps people (individuals) and businesses (legal entities) to borrow money on the best terms. In other words, it is an intelligent system that will study the parameters of financiers (lenders), analyse the data and compare them. On this basis, services will be provided in the virtual space and the financial (borrowing) needs of the borrowers will be met. The FINBRO platform that is being developed in this project is focused on assessing the condition of lenders, which shapes its innovativeness and favourable development prospects in the market.</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: #000000"><span style="font-family: Times">The aim of the project is Research and experimental development in the development of a financial services platform that evaluates not only those seeking funding, but also the financiers themselves, in order to increase the competitiveness of UAB Finbro in the field of ICT. Result: a financial services platform that was fully developed, tested and evaluated by customers of both sides. </span></span></span></span><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: #000000"><span style="font-family: Times">The developed financial services platform will provide the following financing products: </span></span></span></span></p> <p style="text-align: justify"><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: #000000"><span style="font-family: Times">- f</span></span></span></span><span style="font-size: 12pt"><span style="font-family: Calibri, sans-serif"><span style="font-family: Times">or natural person: 1. Consumer credits; 2. Car loans and leasing; 3. Refinancing and loan consolidation; 4. A loan secured by real estate; 5. Mortgage loan.</span></span></span></p> <p style="text-align: justify"><span style="font-size: 12pt"><span style="font-family: Calibri, sans-serif"><span style="font-family: Times">- for legal entities: 1. Business loan; 2. Autoleasing.</span></span></span></p> <p style="text-align: justify"><span style="font-size: 12pt"><span style="font-family: Calibri, sans-serif"><span style="font-family: "Times New Roman", serif">The partner from Norway will contribute to development of the prototype.</span></span></span></p>
Bilateral cooperation results
Project promoter received not only financial support, but also help from R&D specialists, experts in AI, who studied the peculiarities of artificial intelligence not only in the universities of Lithuania, but also of the United Kingdom, and has also worked with many AI companies.
Project partners
- International Development Norway AS Donor project partner· Norway
- MB "Taikomasis dirbtinis intelektas" Project partner· Lithuania