The Leicester founded fintech startup Predictiva has announced that it’s signed its first deal to license out its software.

The startup’s AI platform Investiva was built with the objective of mitigating risks in the financial markets to deliver predictable profits to investors.

This past week the company’s founders signed an enterprise agreement for a “mid-six figure” fee with a customer in the Middle East.

On Linkedin, investor Ibraheem Alhudaithi said:

“I watched Predictiva grow for the past two years before I became an investor in it months ago. They managed to take the Idea from scratch until it became a “high-class” working product. I do endorse joining their fund for the US market. Ashraf K. Attia and Maysara Hammouda did an amazing job in a challenging market.”