Difitek and Prifina Published New Services in New York

Difitek and Prifina (Grow VC Group companies) published new services at Grow VC Group's FinTech event in New York on May 22. The event was organized by Grow VC Group companies with Reed Smith. Participating were key industry leaders from top tier investment banks, technology pioneers such as Oracle, strategy leaders such as KPMG. Two panels focused to discuss FinTech impact from both technology and future finance services point of view.

Prifina demonstrated its invitation-only pre-version of its product to manage digital personal finance data. The product empowers consumers to collect easily all their finance data to their own data store and fully control it. A user can then use data easily, for example, to make a loan application, provide needed customer documentation for financial services, or use wealth management service with her or his own data. The service changes the fundamentals of the data business; users can own data and use it for her or his own benefits.

Difitek outlined the powerful capability of its Distributed Finance Back Office platform for cutting edge fintech and integrated finance applications. These capabilities include:

• The Intelligence Layer concept – the possibility to connect cross-platform functions natively into real time workflows
• Asynchronous processing and performance at enterprise level
• Bank grade security
• Business model revolution, with zero Capex and Opex on use

Use cases include:

• Automating lending eligibility decisioning engines with hundreds of cross platform data points utilized in real time
• Real time matchmaking of investors and asset classes such as property investments or mid market corporate equity based on dynamic segmentation and user generated data points
• Liquidity marketplaces for illiquid asset classes for secondary trading applications, such as for fractionalized ownership in special purpose vehicles (SPVs), real estate or energy projects.

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Prifina demo video.

Difitek demo video.