F-IQ (www.f-iq.app) is our contribution to financial literacy and encouraging responsible financial behavior. The F-IQ mobile app is completely free for use. The main goal is to help people manage their personal finances. The app allows you to view, monitor and analyze your own financial situation, independant of the bank where you hold your accounts. All your accounts will be presented in one place and you will get an assessment of your financial health under your fingertips. You will also get a detailed overview and categorization of all your income and expenses, as well as a prediction of the future state of your finances.
The application relies on the PSD2 regulation of the EU. Gaurus is a licensed account information service provider and has an AISP license issued by the Croatian National Bank, which is valid in all EU member states. The F-IQ application is available for Android and iOS platforms.
The F-IQ project is co-financed by EU funds (more).
For more information visit www.f-iq.app
BankConnect is a could service developed for the needs of business users. This solution also relies on the PSD2 regulation of the EU and enables the transparent connection of the existing information systems of business users with the systems of their commercial banks. The solutions enables users to collect and process their financial data in real time, 24 hours a day.
BankConnect removes the differences in bank interfaces and data formats which enables users to access data in a structured way, regardless of the bank in which the data is located. Additionally, BankConnect ensures simultaneous connection with several different banks in cases where the user holds different business accounts in several banks. This approach ensures complete integration of the user's solution with bank systems and enables the automation of business processes that depend on financial information.
The BankConnect service is particularly handy if used for bookkeeping automatization and automatic recognition of incoming payments in connection with issued offers and invoices.
F-Credit is a cloud service developed for the needs of companies involved in granting loans. It is designed and built for banks, credit institutions and leasing companies. However, the service may be quite usefull for companies who offer their products and services with the option of deferred payment and installments. The service enables the automated creation of a detailed report on the financial behavior of the customer, which is of great help in decision making process.
F-Credit, like all other services and solutions in the fintech sector, relies on the PSD2 regulation of the EU. Our AISP license enables us to collect and process the data regardless of the bank in which the future credit user has open accounts.
In order to prepare a report on the financial status of the user, F-Credit requires the consent of the user requesting credit. Based on the consent given, it provides insight into various types of key financial parameters that are important to the credit provider when making a decision on approval.
The F-Credit process is fully digitized and automated. It can be easily integrated into the approval process of any institution seeking to improve its decision-making processes in loans approval.
Our IT experts and developers have extensive experience in the design and development of the ITMS in Croatia. Back in late 2000s, when Croatia was approaching EU membership, we built and deployed several projects through EU-funded programs. Since Croatia's accession to the EU we have actively participated in all projects related to the maintenance and upgrading of the ITMS system for the Customs Administration of the Republic of Croatia.
Being the key paetner in delivering these projects, we also gained valuable business knowledge about EU customs operations. This knowledge is necessary for the development of the EU customs tariff management system. Because of it, today we can proudly say that we are leading experts in tariff systems in our region. Our competences include detailed knowledge of the Taric data model, which is required for the integration of customs measures and the calculation of duties, as well as knowledge of accompanying business processes related to customs quotas, supervision and binding opinions.
Through partnerships with companies Combis d.o.o. and APIS IT d.o.o. we are still developing and maintain vital ITMS systems for the Customs Administration of the Republic of Croatia. In the region we are present in Macedonia through a partnership with Asseco SEE dooel. We strongly believe that our competences will be recognized also in other countries. We hape that we will have the opportunity to contribute to the development of the customs business system in all countries who's goal is to become members of the European Union.
mDigital is a centralized IT system for managing all business processes related to the issuance and sale of electronic goods. The system was developed as a turnkey solution for the mStart company (part of the Fortenova Group). It is used for the distribution of various types of electronic goods - from prepaid vouchers for top-up mobile tariffs, through vouchers for various types of online services, to lottery products.
For more information please visit www.mstart.hr.
Voucher & Card Management System (VCMS) is a centralized IT system for issuing and acquiring the so-called "closed loop" cards. Like mDigital, this system was developed as turnkey solution for mStart. By using VCMS, mStart provides card processing services to other members of the Fortenova Group and external partners.
VCMS enables the issuance, management and sale of card products intended for payment of goods and services in closed schemes (gift cards, one-time vouchers, loyalty cards, fuel cards etc). It also enables the processing of payment transactions in integration with payment devices at points of sale that accept these types of specific card products.
In cooperation with the most popular mathematics professor in Croatia and our famous blogger Toni Milun, we developed the mobile application "Toni Milun". The current version of the application contains calculators that provide insight into very useful information such as the optimal calculation of the tax return (Popodica) and the calculation of the loan repayment plan with a comparison of different lending parameters (Kreditorko).
The development plan for the "Toni Milun" mobile app includes implementing the functionality which will enable mobile users to get entire Toni Milun educational content which is currently only available via the web interface. We also plan to include other useful calculators, mainly in the field of financial education.
For more information please visit www.tonimilun.hr.
In our free time, we like to play computer games. Professionally, we like to explore new areas and technologies that are less familiar to us. So, we combined the two and decided to try our hand at making games for smartphones. The final result are two mobile games: BallyBoo and Terragrin.
This was fun and useful experience. After building these two games we can confidently say that we are not afraid to tackle development projects in the multimedia and entertainment sector. If you have a good idea and need a team that can realize it, feel free to contact us.
If you want to try our games, look for them on the AppStore and GooglePlay portals, they are available for Android and iOS platforms:
Inovations newly founded MSP's - phase II Goals:
Inovations improvement of mid and small companies Project title:
"Adaptation and commercialisation of F-IQ software solution" Project code:
Gaurus d.o.o., Jablanovac 27, 10000 Zagreb, Croatia Total project budget:
1.915.836,68 HRK Total project budget (acceptable cost):
1.747.818,92 HRK Amount of EU financing:
1.398.080,34 HRK Project duration:
01.09.2019 – 01.07.2021 Contact for more Information:
Project for adaptation and commercialisation of innovative solution F-Q will result with setup of F-IQ solution in its full functionality and it’s commercial application in shape of mobile application F-IQ and “white label” application both of which will present a collection of advanced functions, modules and algorithms for personal finance management. Commercial application will be based around the detailed market research and development of high quality marketing strategy for the target markets. All of the above will have positive effect on business development and market position of the project beneficiary within the fintech industry resulting with revenue and sales growth on both domestic and foreign market as well as with creation of new jobs.
Software solution will be commercialised via 2 separate products:
1. "white label" application intended for banks and other financial institutions (B2B market),
2. F-IQ application with advanced functionalities intended for personal use (B2C market).
The main goal is to establish the F-IQ service in its full functionality and commercialize the service, firstly in the regional and then the global market. Successful realization of this goal will ensure a stable source of income for the company, which will ensure the natural growth of business, job creation and continued work on other aspects of the project.
Secondary goals are: establishing good business relations with banks and other financial institutions and opening the door for future projects, gathering a large base of individual users to whom it will be possible to offer other types of services in the future, raising awareness in individuals about the need for sound personal finance management and, consequently, raising financial responsibility in society.
Project goal is to produce a cloud software solution which will enable users to monitor, track plan and analyse their own financial state. The solution will automatically manage all of the user’s financial data regardless of the data source. Users will be able to track the data as a whole or as separate accounts and even include their partner’s or children’s accounts with which they share their household budget.
The F-IQ adaptation and commercialisation project will result with innovation on the local, regional and international market and in long term in the global market. Functionality of the product will be extended through the project which will create preconditions for successful commercial application of the product. As such the project directly contributes and is in line with the investment priority 3d “Support for building the capacity of small and medium entrepreneurs for inclusion in the growth process on regional, national and international markets and in innovation processes” and with the specific goal 3d2 “Improvement of innovation in small and medium entrepreneurs”. Specifically the project will directly contribute to achievement of indicators through the following:
• Creation of new jobs – minimum 2 new full-time employees by year 2022,
• Increased number of new products and services on the market (more innovative products/services)
• Use of private capital as addition to EU funds (ratio of private investment on the project exceeds 20% of the project budget)
• Increased revenue from sales as consequence of project activities for launching and commercialising the new products as result of the project (coefficient relative to the requested funding larger than 1)
• Increased revenue from export as consequence of project activities for launching and commercialising the new products as result of the project (increase in revenue from export at least 620.000 HRK)
Gaurus is a software development team specialised for producing high performant, robust software built to run with high availability for years to come once it's deployed. Real time transaction processing, inter system communication, complex business rules, encrypted messaging, protocol stack development, machine learning, etc. – these are all features we have dealt with in the past and we're certain this experience will prove beneficiary to our future projects as well.
Java/JavaEE, PostgreSQL, Flutter, Python, vue.js are technologies we’re most confident with. Our preferred deployment platforms are Linux, Wildfly/JBoss and Docker. Although we’re not afraid of any new technology, we are perfectly aware of the challenges that come with it, hence we’re not quick to jump into something new without trying it on some smaller project first.
We're more interested in functionality, performance and optimisation than in attractive visual design, so we normally outsource UX/UI design to our trusted professional partners. That said, if the project consists mainly of visual design without much of business logic behind it, then it probably isn't ideal for us.
We prefer direct and straight communication with our clients, rather than gold plating. Therefore, we will never promise to deliver if we're not certain we can actually do it. Such attitude has brought us long term projects and trusted partners in the past and we're confident it will bring more in the future.
Gaurus Iin numbers: founded in 2016, 7 full time employees, out of which 5 highly educated senior software developers, 1 experienced project manager (PMI certified) and a CEO. Last year we made around 500 kEUR in revenue. The company is based in Zagreb, Croatia.
Headquaters: Jablanovac 27, 10000 Zagreb, Croatia.
Office: Koturaška 69, 10000 Zagreb, Croatia.
IBAN: HR1423600001102571570 - Zagrebačka banka d.d.