Kalonia Venture Partners, the investment reserve spent significant time in B2B fintech speculations, has given an assertion to report its entrance into Nymiz, a startup that guarantees the protection of individual information, both organized and unstructured, giving associations a layer of key security through anonymization and pseudonymization processes.
Albeit the measure of the speculation has not been revealed, Oriol Ros, accomplice of Kalonia Venture Partners, has featured the versatility capability of the business, just as in the tremendous market to be fulfilled: “All organizations have commitments in such manner, and Nymiz covers all flanks and potential outcomes “; a variable that he considers to be one of the fundamental attractions of the undertaking.
As far as concerns him, the CEO and prime supporter of Nymiz, Óscar Villanueva, shields that “information is the gold of the 21st century, and we offer organizations and public bodies the chance of putting away and utilizing them securely.” Although at first Nymiz has zeroed in on the legitimate, monetary and protection areas, its innovation has application in all verticals that concentrate individual information.
From Kalonia they feature that the information insurance market is in full advancement because of the consolidation of nations like the United States, Brazil or India to the worldwide development for stricter laws, so the interest for instruments for everything related development in administrative consistence is sought after. Added to this is the developing pattern of utilizing this information inside organizations (large information) for direction, which makes arrangements, for example, Nymiz a developing need.
Nymiz incorporates various advances with a learning base dependent on rules and word references along with Artificial Intelligence calculations dependent on Natural Language Processing (PLN), which permits a normal precision of 94% while distinguishing individual information in unstructured organizations, separating so from the opposition. Anonymization permits the individual information to be totally separated from its specific circumstance: in this way it is unimaginable to expect to relate the individual who claims the information with the put away data itself, and pseudonymisation permits to invert the previously mentioned cycle of separation, getting back to the first close to home information.
Kalonia is a Spanish investment reserve that puts resources into the advancement stages (up to Series A) of new businesses that foster B2B innovation arrangements in areas associated with monetary administrations: fintech, insurtech, proptech and legaltech-regtech. Its portfolio is comprised of organizations that need to fill in the Latin American market and that esteem their involvement with the area and in the monetary area.
