REVENUE IN US DOLLARS

Based in Zug , Switzerland Colendi is a fintech startup that uses blockchain technology to create a global financial passport for users . Through this technology , it both gives more micro-financing access to people who don ’ t have banking access , as well as opening the door for small businesses and individuals to begin building a credit score . Founded in 2016 , Colendi seeks to empower the developing world , designed to serve the “ unbanked / underbanked ”. It relies on machine-learning algorithms to determine client ’ s credit scores . EU-Startups names Colendi one of the top 10 Swiss startups to watch out for in 2019 , with $ 2.5mn raised in funding .

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europe . businesschief . com