October Connect lands on Mia-Platform’s Marketplace
Milan, 6 March 2023 – Mia-Platform integrates within its Marketplace October Connect, the technology solution that enables a 360-degree view of an SME’s risk according to the highest standards of security and traceability.
October, a European fintech specializing in business financing, has entered into a technology partnership with Mia-Platform, the leading Italian tech company in the end-to-end creation of digital platforms, to integrate within its marketplace October Connect, the innovative services for assessing an SME’s risk developed by October.
October Connect enables corporate financial service providers-such as banks and lenders-to make risk analysis and management scalable, reduce exposure to fraud, or extend their product range by choosing between a modular approach or an end-to-end solution.
The ongoing digital transformation in banking has responded to customer expectation in terms of user experience, speed and expected level of service; this phenomenon, further accelerated by the Covid-19 pandemic, has also emerged dramatically for business customers. Indeed, innovation and speed, characteristics of the fintech sector and digital platforms, are also in demand in the business financing sector. With October Connect, our third-party SaaS solution, October’s know-how and technology are available to financial institutions interested in digitizing their credit processes. As a partner of Mia-Platform, which shares our culture and vision, we are excited to work together to bring innovative solutions to the b2b market: instant and secure, because they are strong from a data-driven approach, and sustainable, thanks to tools like our ESG X-Ray.
Sergio Zocchi, CEO of October Italia
In addition to an ESG report of an SME (compliant with the European taxonomy), October’s SaaS data empowered solution provides several modules. These include automated risk analysis based on transactional data, anti-fraud document analysis with related data mining, and the use of machine learning for instant assessment of a company’s credit risk.
Today’s imperative for companies in the financial sector is to create digital products with an extremely reduced time to market thanks to collaboration with the fintech ecosystem, so that their customers can enjoy digital services quickly and easily. We are happy to launch the partnership with October, which enables simplified access to the b2b Instant Lending service, one of the most requested financial services by companies these days.
Bruno Natoli, CEO at Mia-FinTech
About October
October is a European FinTech with a mission to finance businesses in the best possible way. As a business lending platform, it has already financed thousands of SMEs to the tune of nearly €1 billion in France, Spain, Italy, the Netherlands and Germany. Through its SaaS technology solution October Connect also helps financial institutions make better data-driven automated risk decisions.
October’s shareholders include Allianz, CNP Assurances, CIR Group, Decaux Frères Investissement, Eurazeo, Partech, Bank Wormser Frères, Matmut, and Tikehau Capital.
To learn more about October: en.october.eu
To learn more about October Connect: connect.october.eu
About Mia-FinTech
Mia-FinTech is the fintech startup based on the experience acquired by Mia-Platform, the leading Italian tech company that has revolutionized the end-to-end creation of digital platforms, in the banking and financial industries.
Its cloud native platform enables financial institutions to develop and create new digital services in a fast and scalable way, and to evolve towards Open Finance thanks to API, microservices and Fast Data, in full compliance with applicable laws and regulations.
With the claim “Evolve your Bank in a modern FinTech company”, Mia-FinTech fills the gap between traditional banks and modern omnichannel digital banks.
Visit the website: www.mia-fintech.io
Press contacts: press@mia-fintech.io