Tech Company Financing Transactions

Jeff App Funding Round

Jeff App, based in Riga, scored $2 million from Presto Ventures, private investors and J12 Ventures.

Transaction Overview

Company Name
Jeff App
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors

Presto Ventures (Lead Investor) (Roman Novacek)

private investors (James Berdigans)

private investors (Jean Duvieusart)

private investors (Ladislav Bartonicek)

J12 Ventures

Proceeds Purpose
With the new capital, Jeff will continue its commercial expansion into India and other emerging markets throughout Asia and beyond, accelerate the recruitment of top tech talent, and build out the suite of financial services and products, such as credit, on their marketplace.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
K. Barona 28A 11
Riga, LV-1011
Latvia
Phone
Undisclosed
Website
www.jeff-app.com
Email Address
Not Recorded
Overview
While working in fintechs that operate in 30+ markets, we noticed that most loan applicants in South East Asia were rejected because lenders didn't have enough data on them. For us, data equals trust and opportunity. And we knew that we could use our expertise to accurately measure creditworthiness using alternative data. So, we decided to build a financial super app to unlock financial services for the underbanked across Southeast Asia, and for the forward-thinking businesses that serve them. The result is Jeff.
Profile
Jeff App LinkedIn Company Profile
Social Media
Jeff App Company Twitter Account
Company News
Jeff App News
Facebook
Jeff App on Facebook
YouTube
Jeff App on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Toms Niparts
  Toms Niparts LinkedIn Profile  Toms Niparts Twitter Account  Toms Niparts News  Toms Niparts on Facebook
Chief Financial Officer
Reinis Tenis
  Reinis Tenis LinkedIn Profile  Reinis Tenis Twitter Account  Reinis Tenis News  Reinis Tenis on Facebook
Chief Technical Officer
Sandris Artemjevs
  Sandris Artemjevs LinkedIn Profile  Sandris Artemjevs Twitter Account  Sandris Artemjevs News  Sandris Artemjevs on Facebook

 

 

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