upSWOT
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m |
% growth | - | 100 % | 85 % | 121 % | 12 % |
EBITDA | <1m | - | - | - | - |
% EBITDA margin | 100 % | - | - | - | - |
Profit | <1m | - | - | - | - |
% profit margin | 87 % | - | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$100k | Seed | ||
$700k | Seed | ||
$50.0k | Grant | ||
$4.3m | Seed | ||
Total Funding | €4.7m |
Recent News about upSWOT
EditupSWOT is a dynamic startup that operates in the financial technology (FinTech) sector. The company provides a white-label embedded finance and business management platform tailored for financial institutions such as banks and credit unions. The term "white-label" means that upSWOT's technology can be rebranded and customized by these institutions as their own.
The core of upSWOT's offering is its ability to integrate seamlessly with existing digital banking systems, requiring only a few lines of code. This integration allows banks and FinTech companies to offer enhanced financial products and services to their small and medium-sized business (SMB) clients. SMBs are crucial to the economy, and upSWOT's platform helps them gain access to essential working capital and financial tools.
upSWOT's technology focuses on data aggregation, visualization, and analytics. It collects financial data from various sources, processes it in real-time, and turns it into actionable insights. This helps financial institutions better understand the needs of their SMB clients and offer timely credit products and other financial services. Essentially, upSWOT enables banks to become trusted advisors to their business clients by providing them with valuable financial health information and advice.
The company operates on a B2B (business-to-business) model, where it sells its platform to financial institutions. These institutions, in turn, use the platform to enhance their service offerings to SMBs. upSWOT makes money through subscription fees or licensing agreements with these financial institutions.
In summary, upSWOT empowers financial institutions to better serve their SMB clients by providing advanced data-driven financial tools and insights, thereby fostering stronger business relationships and driving growth.
Keywords: FinTech, SMB, data analytics, financial tools, embedded finance, white-label, business management, credit products, real-time insights, financial institutions.