Finland based financial technology company REDi Ai secures first angel investment and a development grant from Finnish government owned Business Finland. Now looking for piloting partners.

8 June 2020 

Turku, Finland. REDi Ai has received its first angel investment from Australia based business angel, and a grant from Finnish government owned Business Finland. The company valuation was set at € 1,5 million. 

“Our team is excited by the opportunity to develop our business further.  The fact that we are now backed by both private and public entities gives us further confidence in our mission. We strongly believe that the post-covid new normal demands for accessible and affordable ways to participate in economic activities. We believe our mission to empower billions of people around the globe with an access to the digital economy is incremental towards the revitalisation of the whole economy,” states Mr. Elia Elenius, Co-founder and Chairman of the Board of Directors at REDi Ai.

The received funds are geared towards further developing REDi Ai’s value transfer solution for consumers and businesses – The REDi Go-platform. The platform is built on a novel propriety protocol that can transfer any digital value between parties safely and securely. 

In the first phase, the REDi Go-platform will be used to upgrade customer acquisition systems, such as loyalty and reward programs. For this purposes, REDi Ai is looking for piloting partners globally: “Our protocol has a machine learning component for individually tailored rewards, and it can hold both qualitative and  quantitative values. As our piloting partner, you will have a say in the architecture of a technology that will revolutionise the way we transfer value in the digital world.”

Second phase of REDi Ai’s technology roadmap includes a payments system and opening up the platform for third party services.

For inquiries and further information, please contact:

Elia Elenius, Co-Founder, CoB

+358 (0) 40 680 2552

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