Conpend
Digital solutions to automate your Trade and Lending facilitation and reduce the cost of compliance
Digital solutions to automate your Trade and Lending facilitation and reduce the cost of compliance
Conpend is a Dutch-based startup founded in 2016. The company offers digital solutions aimed at automating trade and lending facilitation, with a focus on reducing the cost of compliance for banks and corporates. Leveraging AI and Machine Learning, specifically LLM technology, Conpend strives to streamline processes such as documentary trade finance, ultimately minimizing manual intervention for operatives, compliance officers, and relationship managers. The startup operates within the realms of Financial Services, Fintech, and Information Technology. Notably, Conpend secured its last investment in a Seed Round on 15 March 2019, with neosfer participating as the investor. With its mission to drive digital transformation for banks and corporates while mitigating adverse business impacts, Conpend stands poised to further its footprint in the financial technology sector.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | Unknown | 1 |
|
15 Mar 2019 |
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