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uils

Argentina
Market: Financial services, Blockchain, Artificial Intelligence, Mobile applications
Stage of the project: Operating business

Date of last change: 24.09.2024
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Idea

We have developed financial infrastructure that allows any company to launch a low cost fintech solution in 24 hours, without tech expertise nor licenses.

Current Status

Uils has a live product with 8 clients, 15k MRR, secured $750k funding and assembled a strong team and strategic partnerships. The company is well-positioned for growth and impact in the fintech industry, particularly in Latin America.

Problem or Opportunity

Uils addresses the challenge of the high cost and extended timeline typically associated with testing and implementing new fintech ideas. Companies often need substantial financial resources and several months to validate a concept. Uils enables companies to evaluate the profitability of their ideas in less than a day, significantly reducing the barriers to entry in the fintech space.

Solution (product or service)

Uils' low-code platform empowers businesses to rapidly design, customize, and launch fintech solutions. This significantly reduces development time and costs, enabling agile innovation and faster market entry.

Business model

Uils generates revenue through tiered subscription fees based on the number of active users, with an initial plan for up to 100 users. Additionally, it seeks to expand its revenue streams by offering premium features, technology licensing, and data analytics services.

Incubation/Acceleration programs accomplishment

Hero Training at Draper University. (2021)
CAF Acceleration Program by Endeavor. (2021)
Ignite 3 at Startup Chile by CORFO. (2021)
Financial Inclusion Lab by CAF. (2021)
Techstars Payments. (2022)
Google For Startups. (2022)
Hola América by 2811 and Ashoka. (2023)
Pygma Fintech. (2024)
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Idea
Current Status
Market
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Solution (product or service)
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Finance
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Incubation/Acceleration programs accomplishment
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