Timothy Nuy graduated from Maastricht University in 2008 with a Bachelor of Science in International Business Economics. Before his graduation, he founded his first startup Managers United which is still serving the dutch gaming community as the number one website for football management games. After working there two years, he continued his career in different firms, including Lehman Brothers, KPMG and Africa Development Corporation. From 2015 to 2018, he worked as the Deputy-Chief Executive Officer of MyBucks. In 2018 he established Finclusion which is building a digital African financial services group on the back of proven alternative credit scoring models, currently operational in Kenya, Namibia, South Africa, Swaziland and Tanzania. Fin has grown considerably and raised up to $40 million worth of funding under his steer. He still continues to work for Fin as the founder and the CEO. In 2020, he founded another company called Fractal Labs, which brings a unique risk and AI modelling framework to the financial market.
Founded in 2018, Fin is an African credit-led neobanking platform. Fin is simply smarter finance for everybody. Together with its partners, the company is providing credit, wallets, savings, insurance, and more; fast, convenient, and reliable. With traditional financial institutions unable to address the increasing credit gap in Sub-Saharan Africa, Fin aims to drive financial inclusion in the region through its digital solutions and proprietary credit risk technology. The company uses AI algorithms to provide an array of credit-centric products including traditional credit, embedded credit, and BNPL, combined with a suite of further financial services for its clients including wallets, savings, and insurance. Fin currently operates in South Africa, Kenya, and Tanzania and has raised $40M in funding to date.