sTARTUp Day selected the best early-stage startup - Jeff App

At sTARTUp Day took place legendary pitching competition with 33 competitors that were selected from 277 applicants. The winner of sTARTUp Pitching 2020 is Jeff App.

What does Jeff App do? In the absence of traditional credit data, Jeff taps into the power of what people do have: device metadata, geolocation, contact information, behavioral patterns, 3rd party data & more, building alternative credit scores to help the underbanked population.


“A week ago I was super happy because we had recently closed our pre-seed round,” said Toms Niparts, the founder of Jeff App. “And now this… This is a good example of how things in the startup world can change. It takes a day or two to really get used to this idea.”


They won the EstBan-lead syndicate investment that is 170 000 €. They also won Swedbank Eestis’s award of 10 000 € equity-free money.


"On the one hand, the Jeff App is a very high risk, but investors see great potential to one day be a unicorn, mainly because they have a great team," commented Anu Oks, Managing Director of EstBAN.


All the awards and the winners are here:


Ϟ     EstBAN-led syndicate with €170,000 to invest

Jeff App   (Latvia)

Jeff is a loan broker, utilizing alternative data to boost financial inclusion.


Ϟ     €10,000 equity-free cash from Swedbank Eesti

Jeff App   (Latvia)

Jeff is a loan broker, utilizing alternative data to boost financial inclusion.


Ϟ     €5,000 equity-free cash from RIA.com

DriveX  (Estonia)

DriveX automates vehicle inspection utilizing cameras with AI and connected car data.


Ϟ    Tickets to NOAH Berlin Conference

Solfeg.io  (Latvia)

Solfeg.io simplifies music teaching in schools and inspires practicing at home with the use of top hit songs and AI chatbots

Ϟ    Tickets to TechCrunch Disrupt in San Francisco

Pulse & Fidelity (Estonia)

We are creating a streaming amplifier with superior audio quality, with user experience optimized for streaming services. Just a small module behind each speaker and power cable.


Ϟ     Legal counseling by Sorainen

Jeff App   (Latvia)

Jeff is a loan broker, utilizing alternative data to boost financial inclusion.


PayQin (United Kingdom)

PayPal for the unbanked.


autom8 (Estonia)

Autom8 provides an automated service for securing web, mobile and third-party applications enabled by machine learning.


Ϟ  $10,000 AWS service credits from Cloudvisor

Jeff App   (Latvia)

Jeff is a loan broker, utilizing alternative data to boost financial inclusion.


Ϟ   Tickets to Summit Summit in Iceland from Tera Ventures

Aligner  (Estonia)

Aligner enables to translate and update content across 140+ languages 7x faster than any alternative on the market.



Congratulations to all the winners
and see you already next year 27-29 January 2021 in Tartu!

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