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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

O7Fintech – The first fintech mobility platform incentivizing safe and eco driving

OSeven Single Member Private Company ·Greece

€362k
Grant awarded
Innovation, Business Development and SMEs
Programme
3 November 2021
Signed

About this project

<p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">OSeven Single Member Private company‘s expertise and services lies within the fields of <span style="color: #000000">Road Safety, Driving Behaviour Modelling, Transportation engineering, statistics, Big Data, Data Science and Machine Learning</span><s>.</s></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">O7 Fintech is a R&amp;D project. It consists in the development of a novel B2B2C platform, which will digitise and optimise all financial aspects of the vehicle's lifecycle, enabling dynamic pricing of leasing and financing products based on driving behaviour scoring.</span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">With this novel fintech proposition, OSeven aims at becoming the first telematics provider that will enter the vehicle financing and leasing segments, gain first-mover advantage and achieve substantial revenues and growth. The project will permit the promoter to expand its business to new market verticals, and thus new customers and markets. O7 Fintech is estimated to have a high socio-economical value, as it will lead to the creation of new jobs, financial benefits for customers and end-users, and lastly, it will encourage<s>s</s> safe and eco-friendly driving. </span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif">The project will result in increased revenues and competitiveness of OSeven Single Member Private Company in Greece. </span></span></p>