Lingua Custodia
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|---|
Revenues | <1m | <1m | 1.0m | 2.2m | 2.3m | 2.3m |
% growth | - | 99 % | 147 % | 114 % | 4 % | - |
EBITDA | - | (<1m) | - | - | - | - |
% EBITDA margin | - | (44 %) | - | - | - | - |
Profit | (<1m) | (<1m) | - | - | - | - |
% profit margin | (97 %) | (69 %) | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €1.0m | Seed | |
N/A | €625k | Early VC | |
€600k | Seed | ||
* | €1.0m | Seed | |
N/A | €563k | Early VC | |
* | N/A | Grant | |
Total Funding | AUD6.4m |
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Recent News about Lingua Custodia
EditLingua Custodia, founded in 2011 by finance professionals, specializes in providing machine translation services tailored specifically for the financial industry. Utilizing advanced artificial intelligence and machine learning technologies, the company aims to solve the unique translation challenges faced by financial institutions. Lingua Custodia serves a diverse range of clients, including banks, asset managers, and insurance companies, who require accurate and efficient translations of financial documents. Operating within the fintech sector, the company leverages its proprietary AI algorithms to deliver high-quality translations at a lower cost and faster turnaround time compared to traditional methods. The business model is primarily subscription-based, offering various tiers of service depending on the volume and complexity of the translation needs. Revenue is generated through these subscription fees as well as customized solutions for larger clients.
Keywords: AI-driven, financial translation, machine learning, fintech, cost-efficiency, speed, quality, banks, asset managers, insurance companies.