Periodic Reporting for period 1 - S-PEEK (Simple, immediate and economical access to company credit rating and financial information.)
Reporting period: 2016-02-01 to 2016-05-31
ModeFinance has successfully created S-PEEK to fulfill all of the above, importantly receiving accreditation from the European Securities and Markets Authority (ESMA), 1 out of 8 EU SMEs to receive this accreditation, and the only one to provide credit ratings within a freemium business model.
The entry and proliferation of S-PEEK is pivotal in promoting business relationships within and between European states, helping to invigorate and spur cross-state investment under a successful singular capital unions market.
The overall objectives of the project was to engage in customer feedback to derive important improvements required from the solution, narrowing of target markets and demographics, confirmation of pilot trial details to qualify these assumptions, as well as confirming the complete value chain, IP strategy and PR strategy as pre-requisites to European-wide commercialisation.