X1 Group helped a German-based startup find a team to evolve their credit scoring system for individual factoring.
In Series A
Years of
VCs supported
Finiata is a data-driven automated lending system that provides micro-factoring for self-employed individuals, freelancers, small and medium businesses.

Assessing thousands of traditional scoring criteria, behavior information, and alternative data both from public sources and registers, the system determines individuals' eligibility for financing and provides an immediate payout.

cashflow problems
for small businesses


Starting our cooperation at the end of 2017, X1 Group quickly established a dedicated development team 6 engineers (and counting) who strengthened Finiata's core, in-house team, increasing overall development speed and capacity.
Finiata reached out to X1 Group because its founders have already worked with us in their past companies.

X1 Group's dedicated developers utilize technologies such as Ruby-on-Rails for the back-end and React for the front-end, while our QA tests the system using Selenium and Cucumber to ensure a flawless user experience.
Together with client's integrated team, our developers created a smart, scalable solution to help businesses access the working capital without the usual waiting times, paperwork, or the strict criteria of traditional banks.

Ingmar Stupp

After a rigorous selection, in just a few months X1 Group assembled an excellent team of skilled Ruby-on-Rails developers who are in absolute harmony with our in-house team and strengthen it with insightful comments and interesting ideas.

The involvement of X1 Group helped us enhance our customers' journey and deliver a top-rated product. Moreover, their client-first attitude and transparent communication allowed them to remain very flexible and responsive to all our concerns and changes we made.
CPO and Managing Director
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