Fintonic is mobile banking for the products that matter.
Fintonic is mobile banking for the products that matter. Fintonic leverages big data financial information, using proprietary credit scoring and machine learning algorithms, to provide customers with an unparalleled financial experience and highly targeted loans, insurance and investment products. Fintonic provides an advanced, 360 degree access point for customers to all their accounts and financial information and to provide them through the analysis of millions of financial data points with relevant financial products and a superb user experience. Fintonic´s algorithm analyses the suitability of a user for a loan and presents it with pre-approved loans that can be contracted with just one click. Fintonic has fully transformed the loan underwriting process, turning it into a seamless and unique digital experience for mobile users, leveraging the new available technologies in mobile devices (camera, touchpad, geolocation) and cutting-edge big data & advanced analytics methodologies. Fintonic also accurately anticipates key events such as insurance renewal and automatically presents users with alternative products and money-saving options. Fintonic is currently operating in Spain and Chile, where it is the number one mobile banking app. Fintonic has signed up more than 250,000 customers. In 2015 Fintonic has been awarded by Google as the most innovative mobile banking app in Spain.