LynX-A website that connects SMEs with financial institutions to ease business lending.
Current Status
We interviewed about 50 SMEs through questionnaires and we are conducting negotiations with a financial institution.
Problem or Opportunity
The traditional business loan process is outdated and inefficient.
Insufficient information on loan terms for businesses.
Inaccurate targeting for small and medium businesses.
Solution (product or service)
Digitally automated financial analysis required for credit scoring.
A unified platform that connects small and medium- sized businesses with financial institutions.
Timely information on loan terms and direct communication with financial institutions.
Business model
Subscription fee: Free trial, Basic Plan, Premium Plan which includes unlimited access to our data.
Business valuation: Additional fees for requesting to provide business valuation report for SMEs.
Insurance companies: We charge for providing data about the inventory to the insurance companies.
Incubation/Acceleration programs accomplishment
Impact Hub Pre-Acceleration
Spark Pre-Acceleration
GITA x Polish Aid Acceleration
