Tagged: ai

Ping An Voyager Fund Leads Investment in AI HealthTech Airdoc

Ping An Insurance Company of China, Ltd. (HKEx: 2318; SSE: 601318) announced over the weekend that the Ping An Global Voyager Fund has invested in AI medical solution company Airdoc during its B+ round of funding. Ping An reported it has led the round along with… Read More

Dear Bankers, Make Room for Artificial Intelligence in the Future

Technology has infiltrated our lives, and the wave of digital disruption has impacted various industries. The finance sector is no exception. Since the industry is becoming more complex, relying on traditional methods is no longer enough. In fact, it can do your business more harm… Read More

Agri-tech Small Robot Company Scores Big Funding on Crowdcube with Days Remaining on Campaign

Happy New Year, Crowdfund Insiders! 2018 was a great year for Small Robots Company. The UK-based agri-tech startup won £565K Innovate UK funding — one of the largest awards given in 2018, signed up 20 farm businesses and received £90K in pre-sales on its services. As… Read More

SingularityNET Announces Launch of Developer Portal

Hong Kong-based AI company SingularityNET announced last week it has launched its Developer Portal to enable developers to discover, learn, and adopt its decentralized AI network. The SingularityNET Foundation just hosted its first-ever developer workshop at DevOps 2018 as well.  According to SingularityNET, the Developer Portal aims to… Read More

Fintech in 2019? Predictions for Crowdfunding, Open Banking, SMEs, Regulations & More….

‘Tis the season for decking halls, lighting candles, spending time with family and friends, reflecting on 2018 and thinking ahead to 2019 and new trends in the global Fintech market. Crowdfund Insider reached out to the Fintech community members to look into their crystal balls… Read More

Finance Focused AI Chatbot Charlie Raises $9 Million Series A

Artificial intelligence (AI) chatbot “Charlie,” has raised a $9 million Series A Round led by Propel Venture Partners. Charlie is described as an AI assistant for people who “don’t speak finance.” Charlie is designed to help people save more, cut bills, take control of debt,… Read More

AI-Powered Automatic Savings Account Chip’s Latest Funding Round Surpasses £3.4 Million During the Final Days on Crowdcube

Chip, an AI-powered automatic savings account mobile app, has successfully secured more than £3.4 million from over 5,580 investors in less than two weeks through its recent equity crowdfunding campaign on Crowdcube. The company previously raised nearly £1 million through its first Crowdcube round in 2017…. Read More

OurCrowd Backs Series A Round for AI Platform Cognigo

Cognigo, an AI platform for enterprises that targets data protection and compliance, has closed on an $8.5 million Series A funding round. The round was led by leading equity crowdfunding platform OurCrowd with participation from State of Mind Ventures and Prosegur. Cognigo’s CEO and Founder Guy Leibovitz believes that… Read More

Marvelstone Group Signs MOU With A*ccelerate to Incubate AI Startups in Singapore

Marvelstone Group, a Singapore-based private investment company, announced on Monday it has signed an MOU with A*ccelerate to incubate artificial intelligence (AI) startups in Singapore. The company reported that the partnership aims to collaborate on developing a global AI Hub as a community for innovative companies, including… Read More

Is Artificial Intelligence the Biggest Beneficiary of the Autumn Budget?

Artificial Intelligence (AI) is creeping into every sector of the economy. Financial services is a huge beneficiary of AI as it has the potential to provide better services at a lower cost to many more people. In the recent Autumn Budget presentation by Chancellor Philip… Read More

Online Lender MoolahSense Adds Blockchain-based AI for Superior Risk Management

Singapore based peer to peer lender MoolahSense has added a cloud and blockchain based Artificial Intelligence (AI) that is said to provide real-time anticipation of loan delinquency, fraud, and default. “MoolahSense Active Intelligence” (MAI) is designed to monitor loans and borrower business activities in real-time… Read More

Temenos Update: Increasing Development of AI Capabilities Throughout Digital Banking Platform

Fintech

Fintech software provider Temenos (SIX: TEMN) announced on Wednesday it is increasing the development of Artificial Intelligence capabilities throughout its digital banking platform. The company reported that its Temenos AI initiative will enable banks to offer personalized services to customers, augment users’ decisions with data-driven machine intelligence,… Read More

Tandem’s Matt Ford Discusses the Journey Card, New In-App Features & 1M Highlights

It’s been an exciting week for UK fintecher Tandem. The platform launched its second credit product, Journey Credit Card, introduced auto-saving rules and the ability block card purchases in real time sans a formal cancelation process. Tandem has said that it is planning a growing range of in-app features that offer… Read More

World’s Biggest Insurtech Conference Captures Industry Mood on Blockchain, AI

On October 2-3, 2018 Oliver Wyman, a global management consulting firm, presented Insuretech Connect at the MGM Grand in Las Vegas, Nevada. The event was promoted as the largest annual insurtech event in the world, this year boasting over 6000 registered guests and over 250… Read More

Full Streamr Ahead: Daisy AI & CRYPTICS Added to Global Network

Streamr, an open-source, real-time data platform just selected as one of PwC’s Crypto Valley’s Top 50 Projects, continues to expand its network with a new partnership with Japan-based Daisy AI, an AI platform focused on using blockchain for deep learning. Daisy AI will use Streamr… Read More

OurCrowd is Most Active Investor in Hot Israel AI Startup Sector

Israel is red-hot when it comes to entrepreneurship and startups in general. The country has been recognized for years as punching above its weight class when it comes to an innovation driven economy. One of the hottest sectors for startups is Artificial Intelligence (AI). A… Read More

Robo.cash Founder Sergey Sedov: 26M Euro Loan Milestone, New Research P2P Lending & Peer-to-Portfolio Update

robo.cash

Over 26 million euro loans were financed through the European P2P platform Robo.cash in first eight months in 2018, notably 223% more than in the same period a year earlier. Operating according to the ‘peer-to-portfolio’ model, Robo.cash seeks to bring together private investors and legal… Read More

Overfunding: AI Web App butterwire Surpasses £200,000 Funding Target on Crowdcube

Butterwire

AI web app butterwire has successfully secured its initial £200,000 funding target from nearly 100 investors through its equity crowdfunding campaign on Crowdcube. According to butterwire, the app was launched in June 2018 and is described as professional research and portfolio analyst platform that may… Read More

Paytm Launches AI Cloud Computing Platform  For India

Mobile wallet service provider Paytm announced on Tuesday it has launched its new AI Cloud computing platform in India. According to Paytm, the Paytm AI Cloud for India’ is geared towards Developers, Startups, and Enterprises. Paytm explained that the AI Cloud offers a suite of business-centric apps… Read More

Sberbank Announces Data Research & AI Competition Classic AI

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

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