Cardo AI Raises $15M in Series A Funding to Expand Asset-Based Finance and Private Credit Technology
Cardo AI is a global fintech company serving banks, credit originators, servicers, asset managers, and asset owners.
Company Name: Cardo AI
Location: Milan, Italy
Industry: Fintech, Asset-Based Finance
Funding Details:
Cardo AI raised $15M in Series A funding. The round was led by Blackstone Innovations Investments, FINTOP Capital, and JAM FINTOP, with participation from Andy Horwitz and Kevin MacDonald.
Purpose of Investment:
The company will use the funds to expand its operations and enhance its technology platform.
Leadership:
Cardo AI is led by Altin Kadareja, Founder and CEO, who oversees the company’s mission to integrate software, data, and intelligence into asset-based finance and private credit investments.
Product:
Cardo AI provides a proprietary technology platform tailored for asset-based finance and private credit. Key capabilities include:
- Data Management: Aggregates and processes complex data for asset-based finance investments.
- Predictive Analytics: Offers tools for risk assessment and performance forecasting.
- Portfolio Optimization: Streamlines portfolio management to maximize returns and minimize risk.
About the Company:
Cardo AI is a global fintech company serving banks, credit originators, servicers, asset managers, and asset owners. Its end-to-end platform accompanies clients through every stage of asset-based finance investments. To date, Cardo AI’s technology has managed over $40 billion in assets, leveraging the expertise of its 120-person team to deliver innovative solutions in the private credit and asset-based finance sectors.
