Vacuumlabs Company Research Report

Company Overview

• Name: Vacuumlabs

• Mission of the Company: To create delightful digital products that empower clients and their customers to succeed, providing engineering, design, product development, and data science services predominantly for the fintech industry.

• Founded: Since 2012

• Key People:

• Tomáš Mašek - CEO

• Erik Cebik - CEO and Co-founder of Moneyhoon

• Martin Ondercin - Product Manager

• Juraj Machac - Tech Lead

• Headquarters:

• Bratislava, Slovak Republic

• Additional Offices: Prague, Czech Republic; Brno, Czech Republic; Košice, Slovak Republic; Budapest, Hungary

• Number of Employees: 340+ people worldwide

• Revenue: No information is available.

• Known For: Vacuumlabs is recognized for their innovation and expertise in fintech, having built neobanks, financial services, and infrastructure for digital products from scratch.

Products and Services

Engineering, Design, and Development Services

• Product: Customized solutions through comprehensive product strategy, design, and engineering processes.

• Description: Vacuumlabs offers end-to-end expertise from concept to launch, engaging clients in fintech to innovate with engineering solutions.

• Key Features:

• End-to-end digital product design and development

• Strength in neobanks and fintech application creation

• Expertise in data science for enhanced decision-making

• Delivery capability for scalable, secure, and compliant systems

Digital Banking Solutions

• Product:

• MOX: A neobank in Asia with all-in-one numberless bank cards

• Smartie: A kid-friendly banking app aimed to increase financial literacy

• Galgal: Money management app for underbanked services in India

• Description: Vacuumlabs assists in the creation and development of digital banks providing services such as payments, FX, loans, savings, and investments.

• Key Features:

• Customer-centric design and fast onboarding

• Built with an independent technological foundation

• Integration of gamification for financial literacy in Smartie

Blockchain Solutions

• Product:

• AdaLite: A lightweight-browser wallet for Cardano investors

• Empowering Blockchain with API3 for decentralized API solutions

• Description: Vacuumlabs specializes in blockchain technologies, offering secure and scalable wallet and decentralized solutions.

• Key Features:

• Lightweight, high-performance application development

• Integration with major hardware wallets like Trezor and Ledger

• Direct collaboration with Cardano and EMURGO

AI and Data Science

• Product: Moneyhoon - A financial advisory platform

• Description: A combination of AI and human expertise to provide personal and up-to-date financial advice.

• Key Features:

• Transaction classification with over 90% accuracy

• Smart investment advice and wealth management tools

Recent Developments

• Recent Projects: Vacuumlabs has been active in building digital products like neobanks and fintech applications utilizing emerging technologies and methodologies.

• Partnerships:

• Collaboration with thought leaders and industry partners such as Thought Machine for cloud banking systems.

• Partnerships with fintech platforms like Solaris for seamless integration.

• New Features:

• Increased customer registration efficiency for Twisto, improving payment flexibility and registration processes.

• Enhanced digital banking solutions tailored for diverse markets, demonstrated by the swift development of a Digital Bank in the Philippines with Advance Intelligence Group.

In summary, Vacuumlabs is positioned as a leader in digital transformation within the fintech space, leveraging modern technologies to create robust, customer-focused financial solutions. They continue to expand their influence with strategically engineered products that address both customer needs and industry challenges.