Tagged: ai

February 20, 2019 @ 7:01 am By Erin Hobey  |  

TrueAccord, an automated debt recovery platform, has partnered with Lenexa, Kansas for its new shared services operation, committed to investing $1.34 million with a plan to expand to over 150 professionals over the next three years across sales, operations and technology functions. “We chose the… Read More

February 5, 2019 @ 9:14 am By Erin Hobey  |  

The German digital insurance platform Friendsurance, which serves nearly 150,000 customers and works together with 175 insurance companies, now offers its digital bancassurance solutions under the new brand name Friendsurance Business. The expansion was made in  response to the increased demand from banks and insurance… Read More

January 13, 2019 @ 10:09 pm By Samantha Hurst  |  

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

January 9, 2019 @ 6:54 pm By Richard van Hooijdonk  |  

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

January 1, 2019 @ 8:02 am By Erin Hobey  |  

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

December 27, 2018 @ 9:35 pm By Samantha Hurst  |  

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

December 27, 2018 @ 6:26 am By Erin Hobey  |  

‘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

November 26, 2018 @ 8:18 am By JD Alois  |  

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

November 18, 2018 @ 8:44 pm By Samantha Hurst  |  

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

November 14, 2018 @ 10:11 am By JD Alois  |  

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

November 12, 2018 @ 10:15 am By Samantha Hurst  |  

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

November 6, 2018 @ 7:40 am By JD Alois  |  

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

November 5, 2018 @ 9:55 pm By JD Alois  |  

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

October 24, 2018 @ 1:38 pm By Samantha Hurst  |  

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

October 23, 2018 @ 3:58 am By Erin Hobey  |  

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

October 17, 2018 @ 2:00 pm By Dan Rice  |  

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

October 11, 2018 @ 3:17 am By Erin Hobey  |  

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

October 1, 2018 @ 10:43 am By JD Alois  |  

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

September 25, 2018 @ 8:23 am By Erin Hobey  |  

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

September 10, 2018 @ 3:36 pm By Samantha Hurst  |  

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