Latvian Fintech Startup Jeff helps people in South-East Asia

Toms Niparts and Reinis Tenis  (both Class of 2015) are Co-founders of Jeff App.

Jeff App (founded in 2019) has raised EUR 840K to assist people in South-East Asia.

Toms Niparts, co-founder and CEO of Jeff App: “Jeff helps our users to start building credit history based on their digital footprint, something that is otherwise difficult in a market where 70% of transactions are still done in cash. The more Jeff is used, the more we can learn and innovate with new products. Ultimately, we want to develop Jeff into a financial super app offering a range of products besides loans, such as insurance, mass-adopted digital credit score, and even go beyond finance by adding a range of utility functions.”

                                                                                        Source: Charlotte Tucker, www.eu-startups.com 23.03.2021

Collaboration of SSE Riga alumni at Jeff App: Raimonds Kulbergs (Class of 2005) is an advisor, Tadas Lankaitis (Class of 1997) - an investor.

To learn more:

https://www.eu-startups.com/2021/03/latvian-fintech-startup-jeff-app-raises-e840k-to-boost-financial-inclusion-in-asia-using-alternative-data/

https://fintechbaltic.com/4362/fintechlatvia/latvian-fintech-startup-jeff-app-raises-1-million-for-southeast-asian-expansion/

Source of the photo:  Lauris Aizupietis, FORBES Baltic edition, 15.01.2020.