Start-Up: Union Digital
Start-Up Spotlight 15 – Union Digital
FinTech Connect 2018 is fast approaching! In the run up to this year’s event on 5-6 December, we caught up with some of the innovative start ups taking part, to provide you with a snapshot of information into who they are, what they do, and where they are taking it.
Thanks to the Union Digital team for offering their time and insight!
Year launched: 2013
Management team: Peeter Klanberg (Founder)
In no more than 50 words describe what you do: Union Digital is an innovative vendor dedicated to providing digital financial systems to financial service providers like lenders, leasing and factoring providers, credit unions, currency brokers and client score providers to improve their client retention, automation, profitability and corporate governance. Union products are all based on union digital core.
How did the idea for the business originate? The idea originated from a growing need for digital IT systems in the alternative financial market, businesses domain expertise and existing contact network in the sector.
Do you have customers yet? If not, how far into your business lifecycle are you? We have customers since 2014. Today we have 5 long term customers. Please see www.finoracapital.eu/en/, www.kodumaakapital.ee, www.danskebank.ee/en/, www.eurex.ee/en/ and www.tbb.ee/index_eng.html
How have you funded your growth to date? I have funded the growth with the profits from the earlier exit from another software company.
What would a successful 2018 look like for you? One more long term customer would be a successful and two or more customers a very successful year.
Outside of your own business, which start up do you admire the most and why? (Doesn’t have to be fintech) All kind of solutions contributing to mobile and sustainable lifestyle (digital wallets, crypto currency, electric cars).
Anyone interested in speaking with the Particeep team can meet them onsite at FinTech Connect 2018 on 5-6th December!
For more information on Union Digital please visit: www.unionfintech.com
To see who else is exhibiting at FinTech Connect visit: www.fintechconnect.com/exhibitor