FinTech startup Finflow has raised $500,000 from investors in the US and Kazakhstan
Author - Mansur Ismagulov
The Tech AI
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Finflow startup closed a Pre-Seed funding round of $500,000 led by Orbit Startups. Axiom Capital and Bask International Group also participated in the round. The funds will be used to develop the product for small and medium-sized businesses, expand banking partnerships, and enter the Middle East and North Africa markets.
Startup Finflow announced the closing of a Pre-Seed funding round in the amount of $500,000. The lead investor was Orbit Startups, a venture fund that is part of the global accelerator SOSV, with over $1.5 billion in assets under management. The American fund's portfolio includes world-renowned companies such as Perfect Corp, Leapmotor, BitMEX, Clearbot, and others. The round with Finflow was also supported by other local and international funds, such as Axiom Capital, Bask International Group, and a number of Kazakhstani business angels.
Finflow is developing an AI financial director for small and medium-sized businesses (SMBs), where each entrepreneur has their own personal financial assistant. Soon, the team will present a full-fledged AI financial agent capable of performing key CFO tasks: from building financial models and analyzing cash flow to preparing businesses for obtaining bank financing.
Daulat Aitmukhanov, CEO and co-founder of Finflow
We see that millions of entrepreneurs in Central Asia operate without proper financial management, face cash flow gaps, and cannot access capital. Financial planning should not be a luxury reserved only for corporations. We are creating Finflow so that every entrepreneur, even without a financial background, can make informed decisions, attract capital, and scale their business.
In the first quarter of this year, the startup already signed pilot agreements with several Kazakhstani banks, whose combined client base exceeds 200,000 SMB representatives. Finflow is already working with "Bank CenterCredit" on a technological solution that could set a new standard for digital lending for entrepreneurs in the region.
The raised funds will be used to develop a scalable commercial product for SMBs in Central Asia, expand partnerships with banks to simplify access to financing, and enter the markets of the Middle East and North Africa.
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