From Snowy Peaks to Coding Chic: Partner Spotlight with Fimento's Jonas Deibe
TL;DR
In our exclusive interview, Jonas Deibe reveals:
Fimento’s Role in Financial Innovation: Fimento’s approach combines AI, machine learning, and traditional data science to enhance risk assessment and financial decision-making.
The Power of Open Banking: Open banking powers Fimento’s access and analysis of transaction data for smarter credit decisions.
Future Trends and Challenges in Finance: The biggest challenge is bridging the gap between traditional banking and advanced AI-driven solutions.
Banks and fintechs need smarter, data-driven solutions to stay competitive. Fimento is leading the charge with AI-powered credit insights and a flexible ledger system designed for modern lending and risk assessment. We recently sat down with Jonas Deibe, CTO of Fimento, to discuss their cutting-edge technology, the power of open banking, and how their partnership with Enable Banking is shaping the future of finance.
To start, could you please tell us a little about yourself?
I’m Jonas Deibe, CTO at Fimento, and my career has been anything but ordinary. Long before I immersed myself in IT, I was a professional snowboarder, carving my way down snowy slopes. Despite my athletic pursuits, my fascination with technology was always present; I wrote my first computer program in the early 1980s and have been captivated by the potential of computers ever since.
Can you tell us about Fimento?
We empower banks and fintech to navigate risk with smart, streamlined tools that deliver the insights needed for informed decision-making. Our deep expertise in banking, data science, and software development enables us to craft next-generation software for embedded finance, ensuring our customers offer exceptional banking services in a faster, more flexible manner.
We offer two key products: a credit insights engine that leverages real-time bank account data to help banks make smarter credit decisions, and a flexible ledger system designed to streamline factoring and lending operations.
We're more than just your average fintech company. On one hand, we are unabashed tech enthusiasts, harnessing the power of statistical models, machine learning, and even large language models to convert raw data into actionable insights. But we also embrace the rigour of traditional data science, and prestigious certifications like ISO 9001 for quality and ISO 27001 for information security, as well as adherence to regulatory frameworks like DORA. It is this unique blend of tradition and innovation that sets us apart, providing the reliability you expect and the agility you need.
Let’s talk AI, Open Banking, and Beyond, where are we now?
Finance is evolving at an incredible pace, and we are at the forefront of this transformation. Advancements in AI have redefined how we operate; tasks that previously took months can now be completed in just a few iterations. With each new large language model or AI agent, we discover innovative ways to enhance our solutions and provide faster, more intelligent services.
For us, open banking isn’t just an add-on, it’s a cornerstone of our innovation. We leverage real-time transaction data to fuel our advanced credit insights engine and flexible ledger system. Through open banking data, we can identify critical spending patterns, assess credit risk more accurately, and ultimately empower banks to make smarter, faster decisions.
Can you tell us about your partnership with Enable Banking?
Our partnership with Enable Banking ensures our systems have reliable, stable, and seamless access to vital data across Europe. Their robust open banking aggregation tech simplifies integration and perfectly complements our tech-driven approach. Their platform is well-documented and speaks the language of software engineers, making integration simple and effective. With just one call, we can connect across 29 countries, ensuring our clients receive consistent, high-quality data while remaining fully compliant. Additionally, we can be confident that the data is stable, secure, stored in Europe, and adheres to the highest quality standards.
Together, we are setting a new standard for financial innovation. Their data is the lifeblood of our credit insights engine. We combine sophisticated statistical models, machine learning, and even large language models to analyze transaction patterns, transforming raw data into actionable insights. This integration not only streamlines financial workflows but also supports smarter credit decisions.
In essence, by embracing open banking, we’re paving the way for a future where financial institutions can confidently navigate risk, seize new opportunities, and maintain a competitive edge in a digital-first world.
What’s the biggest challenge you face?
One of our biggest hurdles is bridging the gap between cutting-edge technology and traditional banking. While banks tend to be conservative, and justifiably so, the benefits of data-driven insights are undeniable. Our challenge lies in showing them how embracing modern AI and data science can turn obstacles into opportunities, propelling them forward in a digital-first world.
What’s your “big prediction” for the financial industry in the coming years?
Looking ahead, the next five years promise revolutionary changes. Imagine loan and factoring software powered by AI agents with near-limitless memory and the capability to understand context like never before. I predict that as traditional banks face stiff competition from innovative newcomers, the industry will undergo a seismic shift. Our mission at Fimento is to harness this momentum, transforming finance with safe, scalable, and smart technology solutions.
If we talk about how I hope the industry evolves, I would like to see improved accessibility to financial data. We believe in promoting open banking and making data more available. Customers should have true ownership over their financial data, enabling them to share it and choose from a range of services. By allowing users to control and benefit from their own data, we empower everyone to access the right services and enjoy real benefits. This vision drives the future of finance.
What advice would you give companies looking to streamline their lending and risk assessment processes?
At Fimento, our superpower is the combination of an exceptional team, robust technology, and great customers. Whether you’re exploring PSD2 data insights or diving into the future of AI, our advice is simple: know your customer, set clear expectations, and partner with experts who thrive on innovation.
Interested in learning more or exploring potential collaborations? Reach out to us on LinkedIn or drop us an email.
Fimento is transforming credit insights and lending with a powerful blend of AI, machine learning, and open banking. By combining innovation with deep financial expertise, they’re helping banks and fintechs navigate risk with greater speed and accuracy. At Enable Banking, we’re proud to support Fimento’s mission by providing seamless, secure access to financial data across Europe.
If you’re looking to harness the power of open banking, we’d love to help you get started.