Tagged: ai

Overfunding: AI Fintech Chatbox Plum Surpasses £850,000 on Seedrs; Now Nearing £950,000

Plum, an artificial intelligence (AI) chatbot for personal finance, has successfully secured its initial 850,000 funding target through its second equity crowdfunding campaign on Seedrs. This round of funding comes less than a year after Plum raised nearly £925,000 on the funding portal.  As previously reported, Plum was launched… Read More

10 Days Remain on Spanish Fintecher Finanbest’s Overfunding Crowdcube Campaign

Licensed securities agency Finanbest partnered with Crowdcube in June to raise £175,000 for 6.22% equity. The Madrid-based platform, which offers a digital end-to-end wealth management solution for retail investors, reportedly reducing costs for clients up to 70%.  Now, just a few weeks later, the agency… Read More

Credit.fr Partners with Smart Lenders AM to Boost Lending to SMEs, Starts AI Program

Smart Lenders AM and Credit.fr have recently announced a new partnership that seeks to boost lending to SMEs. According to Credit.fr, Smart Lenders AM will invest in their loans. Simultaneously, the two companies will embark on an “ambitious” research program to apply artificial intelligence (AI)… Read More

AI Fintech Chatbox Plum Nears Seedrs Goal: Aiming to Make Saving Easier

Plum’s second crowdfunding raise on Seedrs is proving to be just as successful as its first £925K campaign. Plum, an artificial intelligence (AI) chatbot for personal finance, returned to Seedrs in late June seeking an additional £850,000 in funding. Funds from the latest Seedrs round will be used to… Read More

SingularityNET and DBrain Partner up on AI

SingularityNET and Dbrain have revealed a new partnership where Dbrain will integrate its platform for data labeling into SingularityNETs’ infrastructure. According to the two companies, this arrangement allows users (IE developers, entrepreneurs, etc.) to monetize their creations on the forthcoming SingularityNET marketplace. Ben Goertzel, CEO… Read More

Prudential Debuts Insurtech Innovations to Streamline Hospital Claims Process

Prudential Hong Kong Limited announced on Tuesday the launch of two insurtech innovations, Hospital to Prudential and Chatbot Claims, which will help redefine the way consumers and medical professionals manage hospital claims in Hong Kong. According to Prudential, the Hospital to Prudential portal provides customers with… Read More

UK Fintech Plum Returns to Seedrs: Now Seeking £850,000 in Funding

Less than a year after securing nearly £925,000 through its first equity crowdfunding campaign on Seedrs, Plum, an artificial intelligence (AI) chatbot for personal finance, has returned to the funding portal, seeking an additional £850,000 in funding. As previously reported, Plum was launched in January 2017 by the… Read More

Lending Express Opens Shop in Silicon Valley & Adds Moshe Kazimirsky to Team

Lending Express, an AI-powered marketplace for business loans, has opened a new Silicon Valley office in San Mateo, as well as the appointment of Moshe Kazimirsky to VP of Strategic Partnerships and Business Development to support the West Coast team. The announcement comes on the… Read More

TokenAI Introduces Juliet Artificial Intelligence Crypto Investments Tool & Sets Token Sale Date

Cayman Island-based crypto market and portfolio analysis platform TokenAI has introduced Juliet, a proprietary Artificial Intelligence tool which aims to help both new and experienced cryptocurrency traders make smarter investments. Juliet seeks to integrate with TokenAI’s three core services: Individual Coin Analysis, Current Portfolio Rebalancing and… Read More

Envestnet | Yodlee Debuts Financial Wellness Assistant For Financial Service Providers “AI FinCheck”

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, announced on Tuesday enhancements to its Artificial Intelligence (AI) powered Financial Wellness Solution at CFSI’s Emerge Financial Health Forum. The company unveiled its new Financial Wellness Assitant for… Read More

OurCrowd backs AI Firm Hailo $12.5 Million Series A

Hailo, an artificial intelligence (AI) company developing a proprietary chip for deep learning on edge devices, has closed on a $12.5 million Series A round. Investors include leading global crowdfunding platform OurCrowd, Maniv Mobility, the Drive accelerator fund, Next Gear, plus angel investors, Hailo Chairman… Read More

Decentralized Platform Orvium Preps for Token Generation Event: Team Talent Gathered from CERN, NASA, Amazon and Oracle

Orvium, an open-source and decentralized platform for managing scholarly publications’ lifecycles and associated data reportedly run by employees and technology solutions experts of several institutions and businesses, including the European Organization for Nuclear Research (CERN), the National Aeronautics and Space Administration (NASA), Amazon, Oracle, as… Read More

SingularityNET and AI Decentralized Create New Industry Group: the Decentralized AI Alliance

SingularityNET and AI Decentralized have announced a new group: DAIA or the Decentralized AI Alliance. DAIA is said to be an open industry alliance aimed at fostering the development of decentralized AI technologies. SingularityNET is a decentralized platform and marketplace for AIs, lead by AGI… Read More

AI Firm TruValue Labs Receives $13.6 Million Series A led by Katalyst Ventures

TruValue Labs, an artificial intelligence (AI) firm, has closed a $13.6 million Series A funding round led by Katalyst Ventures. Additional investors include the Hearst Financial Venture Fund, the Entrepreneurs’ Fund, Sun Hung Kai Strategic Capital Limited, William Campbell, former Chairman of JPM Chase Card Services,… Read More

Streamr Connects with HPE to Rev Up Real-Time Vehicle Data Monetization

Just last week, Streamr, the blockchain-backed data platform, partnered with Singapore-based Fysical to “reshape” human location data market. Today Streamr announced an ongoing partnership with Hewlett Packard Enterprise, one of the world’s leading technology solutions and innovation companies. The partnership has been formed to integrate the technology… Read More

Associate VP of Payments Innovation at TD Bank Says AI More “Friendly Technology” Than Blockchain for Now

Milos Dunjic, a cryptographer and Associate Vice President of Payments Innovation at TD Bank, has stated that whereas blockchain “threatens everything built” by banks, AI is “very friendly technology.” * Dunjic made the comments as part of a fintech panel discussion at the Canadian Undergrad… Read More

Singapore Seeks to Accelerate Utilization of Artificial Intelligence in the Financial Sector

The Monetary Authority of Singapore (MAS) has announced that it is working with a consortium of agencies to accelerate the utilization of artificial intelligence (AI) in the financial services sector. MAS has always sought to keep Singapore at the forefront of Fintech innovation and encouraging… Read More

ATB Financial Announces Four Year Partnership With University of Alberta For AI

On Tuesday, ATB Financial announced the city of Alberta will get a boost in its contribution to the national artificial intelligence (AI) industry through a four-year partnership between it and the University of Alberta. According to ATB Financial, a group of students, paired with selected… Read More

Chinese AI Company SenseTime Secures $600 Million Through Series C Funding Round Led By Alibaba Group

SenseTime, a Chinese artificial intelligence (AI) company, announced on Monday it raised $600 million during its Series C round of funding, which was led by the Alibaba Group with participation from  Temasek and Suning. This round of funding comes less than a year after the company raised $410 million through its… Read More

Regtech Ocrolus Receives $4 Million Series A Funding, Bullpen Capital Leads Round

Ocrolus, a Fintech firm that automates the analyzing financial documents, has announced a $4 million Series A investment led by Bullpen Capital. Additional investors include QED Investors, Laconia Capital Group, ValueStream Ventures, and RiverPark Ventures. Also participating in the round were multiple well known names… Read More