April 11, 2018 @ 12:57 pm By Samantha Hurst  |  

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

April 9, 2018 @ 7:00 am By JD Alois  |  

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

February 1, 2018 @ 10:44 am By Erin Hobey  |  

The German Artificial Intelligence-based collections company collectAI has partnered with payments provider Pay360 by Capita for its UK launch. With collectAI as the tech provider, Pay360 aims to build a branded receivables management solution for its business and government clients. By partnering with Pay360, collectAI, an… Read More

January 10, 2018 @ 4:24 pm By Samantha Hurst  |  

  SingularityNet’s public token generation event (TGE) sold out immediately as it took just 66 seconds for the decentralized AI marketplace to complete the sale in December. The highly anticipated token ICO is in the midst of a compliance audit, which it expects to be completed… Read More

January 8, 2018 @ 10:48 am By Samantha Hurst  |  

On Monday, TD Bank released its 2017 Treasury Management Survey, which revealed that technological innovation and disruption is set to greatly influence the investment priorities and business plans of financial executives. The report noted that for 2018 and beyond, financial professionals cite process automatic at… Read More

November 15, 2017 @ 9:04 am By Erin Hobey  |  

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding unveiled today its proprietary Artificial Intelligence driven due diligence system, Crowdo ACE, aimed at benefiting both their borrowers and investors. Crowdo ACE takes into account a few thousand unconventional and alternative attributes and… Read More

October 27, 2017 @ 1:44 pm By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial revealed this week it is putting its Initial Public Offering (IPO) plans on hold and is now focused on investing in more startups and artificial intelligence (AI). The news of Ant Financial’s plans comes less than a year after… Read More

September 14, 2017 @ 9:27 pm By Samantha Hurst  |  

AI platform for data science and machine learning CrowdFlower announced on Thursday the first round winners of the “AI For Everyone” Challenge. The winning proposal, which receives $1 million, are computer vision projects that will label millions of images to build the largest collection of… Read More

September 6, 2017 @ 1:29 pm By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, completed its equity crowdfunding round on Seedrs and secured £923,255 in funds. The company, which was launched in January 2017 by the former head of international at TransferWise, Victor Trokoudes, is said to be the first AI-powered Facebook… Read More

July 30, 2017 @ 10:46 am By Xu Gao  |  

China Issues Guideline on Artificial Intelligence Development Last week, China’s State Council has issued a guideline on artificial intelligence (AI) development, setting a goal of becoming a global innovation center in this field by 2030. The total output value of artificial intelligence industries is expected… Read More

July 8, 2017 @ 11:35 am By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, has secured its initial 700,000 equity crowdfunding target just days after launching the round on Seedrs. The initiative makes its debut just eight months after the AI business raised its $500,000 seed round led by 500 Startups. As… Read More

July 4, 2017 @ 12:32 pm By JD Alois  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, has launched a crowdfunding round on Seedrs. The offer is seeking £700,000 for a convertible that allows investors to purchase shares at a 20% discount at some point in the future. The EIS eligible listing has… Read More

November 16, 2016 @ 11:07 am By Samantha Hurst  |  

On Wednesday, Crowdfunder announced it signed a partnership agreement with IBM Watson AI XPRIZE, which is described as a $5 million artificial intelligence (AI) global competition that challenges teams to develop and demonstrate how humans can collaborate with powerful AI technologies to tackle the world’s greatest… Read More

November 7, 2016 @ 10:02 pm By Jessica Pham  |  

BondIT  has received a strategic investment from China based Wind Information. According to BondIT, the two companies have partnered to bring artificial intelligence and machine learning techniques to wealth management. Specific terms of the deal were not revealed. The two companies intend to start in mature… Read More

November 3, 2016 @ 10:02 am By Samantha Hurst  |  

UK-based creative technology and visual content agency, Happy Finish has launched an equity crowdfunding campaign on Crowdcube to raise  £395,000 for a 4.45% equity stake in the firm.  Pre-money valuation was pegged at just under £8.5 million. The company, which was founded in 2004 by Stuart Waplington,… Read More

July 11, 2016 @ 3:24 pm By JD Alois  |  

Artificial Intelligence (AI) and robo-advising are hot sectors in the Fintech space. Kavout is a company that wants to provide powerful AI tools for all investors and, for the time being, these tools are free. Alex Lu, CEO and co-founder of Kavout, explains that hedge… Read More

April 19, 2016 @ 11:50 am By Erin Hobey  |  

China’s Ping An group has its eye on becoming the fasting lending platform in China, planning to incorporate face recognition technology into its wealth management and other services which would require only six minutes to complete a loan application, according to a statement. The inhouse-developed technology… Read More

November 6, 2015 @ 11:55 am By Erin Hobey  |  

Artificial intelligence, cryptography and biometrics were the winning fintechnologies at the London-region final of UBS’s Future of Finance Challenge, a start-up competition aimed at helping the bank source innovative fintech solutions, reported Financial News‘ Anna Irrena.  The competition is open to international entrepreneurs and startups with… Read More

December 4, 2014 @ 12:04 pm By Erin Hobey  |  

Technology that listens!  Life with ivee agrees with enthusiastic Crowdfunder investors and kickstarter backers: the AI, IoT, Speech Recognition Home Automation Control Platform campaign has raised over $165K since opening on 1 December. After viewing the campaign video and hearing ivee pleasantly rattle off the temp, traffic,… Read More

November 25, 2014 @ 9:43 am By Samantha Hurst  |  

Cubic Robotics, an international team led by CEO Yury Burov, launched an Indiegogo crowdfunding campaign on Saturday (November 22nd) to finance production of its cutting-edge artificial intelligence device, Cubic, with a goal of reaching $100,000. Since its debut, the project has raised nearly $34,000 from close to 180 backers…. Read More