Finexos Hero
Open For Investment


EIS Eligible Investment Opportunity
Fintech startup on a mission to increasing loan origination, reducing default rates and improving financial inclusion by redefining credit scoring. 
Credit Scoring. Transformed.

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Position & Position, Company


Finexos helps to solve a global problem faced by millions.

Far too many people face difficulty accessing credit due to an inaccurate reflection of their financial position from legacy credit scoring systems.

With over 2 billion people excluded from credit - or credit at prime rates of interest - due to no, low or thin credit files, Finexos provides a precise measure of both affordability and creditworthiness by assessing the financial capability of a borrower - how well they manage and make decisions around their finances.

Combining behavioural analytics with a detailed analysis of underlying transactional data - such as via open banking - and proprietary artificial intelligence and machine learning techniques, Finexos’s solution accurately measures financial capability without the need for a legacy credit score.

With the Finexos solution, lenders can reduce default rates, speed up decisions and significantly reduce their costs.

The Team

Executive Team with a proven track record

The Finexos executive team has a wealth of experience spanning financial services, technology, and banking.

Mark Fisher Founder and Head of Product
Darren Smith CEO
Steven Bone Chairman and Investor
Alex Minshall Chief Technology Officer
Areiel Wolanow Solutions Architect
Kefirah Kang Delivery Manager
Thomas Belli Operations & Finance Manager
Wesley Xie Lead Technical Architect

2 billion people worldwide cannot access financial services


Key Investment Highlights

A snapshot of the Key Investment Highlights associated with Finexos and their EIS-eligible investment opportunity.


An inclusive credit decisioning methodology that outperforms legacy credit scoring on origination volume, default rates, and satisfaction ratings


The Finexos solution unlocks the unserved and underserved credit market on a global scale, whilst keeping default rates the same or reducing them


A completely new but proven way of evaluating credit worthiness based on our proprietary AI


An industry-knowledgeable team with a proven track record of delivering innovative fintech solutions on a global scale


Finexos uses open architecture to seamlessly integrate, via API, into any provider of credit’s risk platform, enhancing or completely overhauling their credit decisioning process


Advanced assurance received. Investors have the ability to access the generous tax reliefs available under the EIS, depending on individual tax circumstances.

Traction to Date

The team has laid the foundations to scale.

2018 to 2020

With £65,000 raised initially, the team were onboarded in August 2019 and Finexos went on to raise £362,000 from private investors.

Defining The Vision
To develop a completely new method of evaluating creditworthiness. Combining open banking and finance with our proprietary AI and ML to measure financial capability without the need for a credit score.

Progressing The Mission
Work begins on the platform MVP. The aim is to improve financial inclusion by redefining credit scoring, as well as increasing loan origination and reducing default rates through a transformed approach to credit scoring.

Finexos image 1-1





Round 1




Round 2




Platform MVP Complete
The team continue enhancing the MVP, with the second iteration consumer MVP complete. SME algorithm and affordability assessment developed and tested.

Seed Round
Finexos raises £808,000 from private investors and the Future Fund.

Pilot Projects Identified
Identified a number of verticals where the pilot projects can be rolled out - consumer lending, SME lending, mobile phone network operators.

Finexos image 2





Round 3




Finexos are now ready to scale up and launch a series of Pilot Projects with pre-identified partners across a number of core target verticals.

Fund Raise
The team are now opening up the business to GCV Invest members to invest alongside existing Finexos investors and fuel this next stage of growth.

MVP Pilot to Full Commercial Launch

Finexos’ open banking enabled analysis and reporting tools are ready to API into applications and begin data trials to determine efficacy and train the machine learning algorithms. Once pilot projects are completed the team will then move into full commercial launch phase.





Round 4

Super Seed



Appointment of new CEO and CTO
Darren Smith and Alex Minshall took the roles of CEO and CTO, bringing a wealth of experience in both financial services and digital transformation projects.

Product validation on live data

The company ran a probability of default analysis on the existing loan book of circa 144,000 consumer loans from an established lender. The lender is currently experiencing extremely high default rates and initial results showed the Finexos solution would reduce their default rate by 53% and improve their return on capital employed (ROCE) by over 250%.


As the team look to move towards cash flow positive status in 2024 by converting their healthy pipeline of global opportunities, investors now have the opportunity to support Finexos on their next stage of growth.





Round 5


Opened August 2023


Want to find out more about investing with GCV?

Should you have any further questions regarding this investment opportunity, please reach to the Investment Team, you can contact us at any point 

  • Becoming a member of GCV Invest is free and you can register here.

    Alternatively, you can contact Dan Smith, Investor Relations Director at

  • There are no joinings fees. Membership of GCV Invest is completely free, giving you access to well researched, carefully selected investment opportunities across asset classes, all with the potential to provide portfolio diversification and superior investment returns.

    Transaction fees are only charged at the point of a liquidity event occurring (such as a trade sale or IPO for private companies and completion of a residential development for property transactions). At this point, 7.5% of the investment gain is charged before funds are provided back to you as an investor.

    Whilst dividend payments should not be expected from early-stage companies, more mature companies may include dividend payments, if and when they are paid, 7.5% of the dividend amount is charged to investors.

  • Where a wide range of information on tax efficient investing is readily available at the touch of a button, ensuring sources are up to date, unbiased and accurate can be a crucial task when researching the ever-evolving tax efficient investing landscape  - why not try the GCV Invest content library as a starting point?

  • GCV offer experienced investors the opportunity to invest in carefully researched early-stage businesses with high growth potential.


    We specialise in opportunities that are SEIS and EIS qualifying, offering investors generous income tax reliefs of between 30% and 50% when making the investment and no capital gains tax on investment profits at realisation stage.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.
Risk Summary

Estimated reading time: 2 min

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

What are the key risks?

  • You could lose all the money you invest
  • Most investments are shares in start-up businesses or bonds issued by them. Investors in these shares or bonds often lose 100% of the money they invested, as most start-up businesses fail.
  • Checks on the businesses you are investing in, such as how well they are expected to perform, may not have been carried out by the platform you are investing through. You should do your own research before investing.

You won't get your money back quickly

  • Even if the business you invest in is successful, it will likely take several years to get your money back.
  • The most likely way to get your money back is if the business is bought by another business or lists its shares on an exchange such as the London Stock Exchange. These events are not common.
  • Start-up businesses very rarely pay you back through dividends. You should not expect to get your money back this way.
  • Some platforms may give you the opportunity to sell your investment early through a 'secondary market' or 'bulletin board', but there is no guarantee you will find a buyer at the price you are willing to sell.

Don't put all your eggs in one basket

  • Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments. Learn more here.

The value of your investment can be reduced

  • If your investment is shares, the percentage of the business that you own will decrease if the business issues more shares. This could mean that the value of your investment reduces, depending on how much the business grows. Most start-up businesses issue multiple rounds of shares.
  • These new shares could have additional rights that your shares don't have, such as the right to receive a fixed dividend, which could further reduce your chances of getting a return on your investment.

You are unlikely to be protected if something goes wrong

  • Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker.
  • Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated platform, FOS may be able to consider it. Learn more about FOS protection here.

If you are interested in learning more about how to protect yourself, visit the FCA's website here.

For further information about investment-based crowdfunding, visit the crowdfunding section of the FCA's website here.

Driving Growth.
Creating Value.
Delivering Impact.

Backed by

Growth Capital Ventures (GCV) is backed by funds managed by Maven Capital Partners, one of the UK’s leading private equity and alternative asset managers.