Inversor Latam
The fintech exceeded 2 million dollars in annual revenue, and Julian Colombo, CEO of N5 Now, said “we feel that it is time to incorporate strategic allies that allow us to scale a very solid and efficient model.”
(Buenos Aires, Argentina)
In Inversor Latam we spoke withJulian Colombo, CEO of N5 Now, the Argentine startup that develops software for fintechs, banks and insurers that was created with the initial investment of the potential clients, who trusted the business model and would also be the first to use the platform that allows the complete digitization of companies in the financial industry.
The fintech will start an investment round. “By exceeding 2 million dollars in annual recurring revenue, we feel that it is time to incorporate strategic allies that allow us to scale a very solid and efficient model,” concluded Colombo.
The company has forty-five clients in the financial sector, the portfolio is made up of European multinational banks to public banks in Argentina, insurance companies in Switzerland, means of payment companies in Arabia , Brazilian fintechs and also American investment funds. In many of these financial companies they collaborated so that they could make the great leap in 100% digital services and attract new clients.
Colombo was very happy because the company generates profits and has offices in 14 countries with a large presence in Latin America and more than 200 employees. “We pursue two central objectives: the digital transformation of its clients and financial inclusion.
“Profitable digitalization, capable of intelligently reducing costs, will allow millions of people to access services today reserved for only half of the Latin American population, for example”
Julian Colombo, CEO de N5 Now
“N5 Now, was once again awarded internationally byMicrosoft. This time recognizing its N5 suite as “Best Platform 2022 ”, for being the only one designed for Openfinance (openbanking and openinsurance), and for the impact it is having on its clients. This supports our developments and the expertise we have in the financial sector”, added the CEO.
“This second recognition from Microsoft is the reward for our work, effort and commitment to our clients and as irrefutable proof that the financial industry demanded a customized platform, based on the real needs of the sector and with measurable results. ”, assured Colombo.
The platform chosen by Microsoft has the fastest implementation in the market – from 100 days per contract – and manages to increase productivity by more than 50% and improve NPS (customer satisfaction) by more than 20 points, in addition to reducing distribution costs by 16%.
N5 Now was recognized among 3,900 nominations from more than 126 countries, for its dizzying growth -they double their size every year-, the impact of their solution in the financial market and the exemplary use of Microsoft technologies.
Source: Invesor Latam
