iFactor | Your Money. Faster
Mihai Grosu is an accomplished professional with extensive experience in operations and technology leadership. Currently serving as the Chief Operations Officer at Lendox since July 2024, Mihai previously held the position of Director Tehnic at Dox Company. Additionally, Mihai has been with iFactor | Your Money. Faster since 2016, where roles include Chief Operating Officer and Chief Technology Officer, demonstrating a strong background in operational efficiency and technological innovation.
This person is not in any teams
This person is not in any offices
iFactor | Your Money. Faster
The iFactor solution is an ESG oriented proprietary technology that addresses SMEs issues through two channels:First, iFactor has designed a robust AI/ML technology solution and dynamic proprietary modeling, improving the credit risk assessment using a wide range of alternative data, including KYC and AML processes validated by banks. Thisleads to improved cost efficiency for lending to SMEs while reducing the risk of fraud and default and speed up the process through automation. Turning “Thin file” SMEs into Strengthened Files, for lenders Second, a hybrid marketplace where different lenders (banks, investors and companies) will bid for the right SME loans applications with the right credit score, enabling and improving capital allocation in matching the lender's risk appetite. The KYC and credit risk ratings are performed with the same technology: iFactor Advanced KYC and iFactor Pure Analytics based on Alternative data, while the money transfers are performed by iFactor Setl, our Open Banking PSD 2 or E-money Payment Initiation Service engine.