Finova
6th Floor, Commodity Quay, St Katharine Docks, London, England, E1W 1AZ, United Kingdom
Overview
finova provides the most comprehensive suite of modular, SaaS based open-architecture software to help lenders and brokers in the Mortgage, Lending and Savings sectors. The software speeds up the application processes, provides modern user interfaces and drives operational efficiencies throughout the life time of a financial product.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 5
Sector focus
- Financial Services
- Information Technology
- SaaS
- Software
Investment portfolio
- Wasoria
Led · Equity · Nov 2025
Wasoria develops AI-enabled detection portals that identify dangerous objects such as batteries, gas canisters and nitrous oxide bottles on waste-sorting conveyor belts before they can ignite. In pilot deployments, the system achieves a 99 % detection rate for gas and nitrous oxide bottles and 50–70 % for batteries, performance the team is working to improve. Beyond fire prevention, the company is experimenting with modules that detect bio-waste bags and adjust baler pressure to cut down on jams, broadening its product suite for recycling operators. Half of the staff are PhDs or doctoral candidates, underscoring a strong R&D culture, yet a portion of the technology is deemed market-ready and will now be commercialized nationally. Current sales are projected at €250 k for the year, with a goal to double to roughly €500 k next year and to reach €1.5 million within two years. Early customers include sorting centers in Torcy (Saône-et-Loire) and Valoseine (Yvelines), and discussions are underway with additional municipalities.