Cardo AI, a Milan, Italy-based provider of an asset-based finance and private credit technology platform, raised $15M in Series A Funding.
The round was led by Blackstone Innovations Investments, FINTOP Capital and JAM FINTOP. Andy Horwitz and Kevin MacDonald also participated.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO and Founder Altin Kadareja, Cardo AI is a global fintech company using proprietary technology that integrates software, data, and intelligence to accompany banks, credit originators, servicers, asset managers, and asset owners throughout the entire process of asset based finance investments: from managing data, formulating predictive analytics, and optimizing portfolios.
To date, more than $40 Billion have been managed through its technology platforms, drawing on a team of more than 120 people.
FinSMEs
20/11/2024