O7Fintech – The first fintech mobility platform incentivizing safe and eco driving

Project facts

Project promoter:
OSeven Single Member Private Company(GR)
Project Number:
GR-INNOVATION-0017
Status:
In implementation
Initial project cost:
€362,250

More information

Description

OSeven Single Member Private company‘s expertise and services lies within the fields of Road Safety, Driving Behaviour Modelling, Transportation engineering, statistics, Big Data, Data Science and Machine Learning.

O7 Fintech is a R&D project. It consists in the development of a novel B2B2C platform, which will digitise and optimise all financial aspects of the vehicle''s lifecycle, enabling dynamic pricing of leasing and financing products based on driving behaviour scoring.

With this novel fintech proposition, OSeven aims at becoming the first telematics provider that will enter the vehicle financing and leasing segments, gain first-mover advantage and achieve substantial revenues and growth. The project will permit the promoter to expand its business to new market verticals, and thus new customers and markets. O7 Fintech is estimated to have a high socio-economical value, as it will lead to the creation of new jobs, financial benefits for customers and end-users, and lastly, it will encourages safe and eco-friendly driving.

The project will result in increased revenues and competitiveness of OSeven Single Member Private Company in Greece.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.