CASHOFF LLC launched the service of personal finance management (PFM) at fifteen major banks of Russia, Kazakhstan and Azerbaijan, including VBRR Bank (serving the biggest Russian oil company Rosneft), Ural FD Joint- Stock Company Commercial Bank, Rosgosstrah Bank, Locko Bank, banks of Life Group and others. The service is a development of CASHOFF LAB LLC, the resident of Skolkovo Foundation.
The service of personal financial management CASHOFF integrated in relevant sections of web and mobile bank for individuals:
We are deploying CASHOFF software in 15 CIS banks and we are currently running pilot projects in two biggest Russian banks interested in our analytical engine. It will be possible to declare about absolute leadership of CASHOFF at Russian market after finishing of these projects. Thus, it’s time to begin an expansion into foreign markets: at coming conference unbound London in the United Kingdom we are planning negotiations with several major European players (Barclays Bank and BNP Paribas interested in innovative CASHOFF solutions.CEO, CASHOFF LAB LLC, Dmitry Gorkov
CASHOFF LLC, one of the best FinTech projects at Skolkovo, shows excellent results at Russian market and we help them, in particular, we invited the team of CASHOFF to attend the conference in London. Within the conference Dmitry Gorkov will make the report and demonstrate innovative solutions of the company for European banks, developers of e-banking systems and local venture funds.Pavel Novikov, Head of “Cloud services (B2C) and cloud infrastructure”, Lead Manager at Skolkovo Foundation
CASHOFF LLC was founded at the beginning of 2013 year. The company specializes on development of intellectual systems for cash flow analysis. The project is the winner of international competitions, in particular, Russian Innovation Week in Silicon Valley. The company enterstop-30 of Russian young innovative IT-companies with the highest rate AAA of investment appeal (rating of RVC). 15 banks became clients of the company during last year.
Basic functionality of CASHOFF includes:
Advanced functionality of CASHOFF includes:
About the Skolkovo Foundation
The Skolkovo Foundation is a non-profit organization founded in September 2010 by the Russian government with the objective of accelerating Russia’s transformation from a resource-intensive to an innovation-based economy. To achieve this objective, the Foundation is overseeing the creation of the Skolkovo Innovation Center, composed of more than 1,000 high-tech startups, Skolkovo Technopark, the Skolkovo Institute of Technology (Skoltech) - a new graduate research University established in collaboration with the Massachusetts Institute of Technology - and Skolkovo city, located near Moscow. Together, these entities establish a vibrant ecosystem of technology innovation and entrepreneurship. Fifty global corporations including Boeing, Cisco Systems, EADS, GE, Johnson & Johnson, IBM, Intel, Microsoft, Siemens, Nokia, Samsung, and Panasonic have already recognized the opportunity Skolkovo presents by signing R&D partnership agreements with the Foundation. The cumulative revenue of Skolkovo’s startups through December 2014 reached $1 billion. They brought in more than $220 million in investment, creating 13,500 jobs and filing over 1,300 patent applications along the way. By 2020 over 2 million square meters of residential and office space will be built in Skolkovo with 35,000 people working daily in the Innovation Center. For more information: http://www.sk.ru/en
Press-contacts:
Dmitry Gorkov, CEO CASHOFF Labd.gorkov@cashoff.ru+7 495 747 5997
Taisiya Yarmak, Skolkovotyarmak@sk.ru+79166948826