Bislab funding news – Oslo-based Bislab Raises €1.7Million in Pre-Seed Funding

Credit Rating and Financial Crime Prevention

Bislab was founded by four entrepreneurs with experience at SafetyWing, Knowit, and Accenture. They have developed an efficient and accurate credit assessment system, which took over two years to build from a small apartment in Oslo.

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It’s API solution helps banks, financial institutions, and large companies run real-time credit checks and assess risks such as credit ratings, fraud prevention, anti-money laundering, and transaction analysis, by integrating it into their existing systems.

Martin Holten, CEO of Bislab, says, “Our strategy is to create risk assessment products using the latest technology, catering to complex needs in the financial sector.”

Use of Capital

Bislab recently signed a contract with the Norwegian Tax Administration, which helps strengthen its presence in Norway. As demand for its services increases, it plans to expand internationally, starting with Sweden, in response to requests from current clients.

Kjetil Holmefjord from Sondo Capital says, “They are an exceptionally driven team, and we couldn’t be more excited about partnering with them as they start their international expansion.”

About Bislab

Bislab is a Norwegian company that offers modern API solutions for important business data, including credit ratings, anti-fraud and anti-money laundering tools, and transaction analysis. Founded to become the top choice for businesses, it is growing quickly by using advanced technology to simplify and automate complex risk assessments in today's data-driven world.