Funding Details
- Awarder
- YCombinator
- Date Award
- August 06, 2021
- Vertical
- Fintech,Credit and Lending
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2021
- Company Description
- Hypercore is a loan management software for small lenders. We help lenders automate workflows and provide them with real-time analytics and KPIs on their portfolios.
Since June we are running paid pilots ($3.5K MRR), 1 LOI ($1.5K MRR). The founding team met while serving together as officers in technological units in the Israeli Defence Forces. We then established together a software development company specialized in fintech projects such as e-wallets and open-banking projects. That’s where we discovered how archaic are the tools lenders use that are ready for disruption.
Hypercore is building the tools for private lenders who currently do everything in Excel, culminating in a 'Nasdaq of private loan books' - utilizing the platform to securitize loan books.
- Market
- Fintech
- Location
-
Tel Aviv-Yafo,
Tel Aviv District,
Israel
- Coinvestors
- YCombinator
Links