CrowdProcess won Money 20/20 Startup competition

Money20/20 organizes the world’s largest events focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology.

Money 20/20 Europe is takin place in Denmark, with many opportunities for startups. A startup pitch competition took place, presenting 12 startups from 11 countries, pitching to win over a €22k prize.

CrowdProcess,  the Lisbon based fintech startup is bringing the prize home.

CrowdProcess is a scientific computing company that owns James, an R&D tool used by many banks to manage risk.

James helps risk officers in banks manage risk better, reduce default rates and improve origination practices, using advanced scientific computing capabilities, including machine learning and advanced optimization.

CrowdProcess’ technology is currently being used by banks in Europe, US and Latin America.

Money 20/20 Europe expects to receive 3,000+ attendees, including more than 1,000 CEOs, from 1,000 companies and 75 countries.