Facio
Smart Contract Management for the Financial Services Industry
StartupFacio is a Ramat Gan-based startup in the Fintech & Insurtech sector, established in 2018. Smart Contract Management for the Financial Services Industry. Facio was founded by Liav Geffen and Uriel Aharoni. The company has 1-10 employees. Core technologies: Artificial Intelligence, Machine Learning, Deep Learning, Data Storage, Cloud, Platforms & Interfaces, Software, API.
The company follows a B2B business model. Product stage: Released.
- StagePre-Funding
- ProductReleased
- ModelB2B
- Employees1-10
- HQRamat Gan
- DistrictCenter District
- Last RoundUndisclosed
Liav GeffenCo-founder & Chairman
Uriel AharoniCo-founder & CEO
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What does Facio do?
Facio leverages big data and artificial intelligence technologies to provide financial services with a cloud-based platform for contract management. The platform is designed to autonomously negotiate, sell, execute, control, and document legally relevant events and actions in accordance with the terms of the contract between issuers, holders, and the ecosystem. Facio aims to make financial services universally accessible and to reduce transaction costs, arbitrations, enforcement costs, fraud losses, and malicious and accidental exceptions.
Who founded Facio?
Facio was founded in 2018 by Liav Geffen (Co-founder & Chairman), Uriel Aharoni (Co-founder & CEO).
What sector is Facio in?
Facio operates in Fintech & Insurtech, Insurtech, with core technologies in Artificial Intelligence, Machine Learning, Deep Learning, Data Storage, Cloud, Platforms & Interfaces, Software, API. Target customers: Financial Services, Financial Institutions, Regulation, Financial Products, Insurance, Healthcare & Life Sciences, Healthcare, Insurance Companies.
Where is Facio located?
Facio is based in Ramat Gan, Israel, Center District. The company also has offices abroad.