Tagged: artificial intelligence

March 14, 2022 @ 6:03 pm By Omar Faridi  |  

KurateDAO, a database developed on the blockchain, recently announced the close of its $6.85 million seed funding round, which was reportedly led by Polychain Capital. KurateDAO’s mission is to “use economic incentives to curate the world’s information.” Established this year, KurateDAO sees today’s “one size… Read More

March 13, 2022 @ 11:37 pm By Omar Faridi  |  

Following Buffalo’s inclusion as one of America’s “fastest-growing” startup cities in the York IE Fastest-Growing Startup Cities Report, Invest Buffalo Niagara, the area’s private-sector economic development and business attraction organization, announced that the former industrial town “saw record-breaking growth in its tech sector.” Buffalo’s startup… Read More

March 12, 2022 @ 8:41 pm By Omar Faridi  |  

Lendable, an AI-enhanced consumer finance platform, has announced a £210 million funding round at a valuation “in excess of £3.5 billion.” The round has reportedly been led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). TIP focuses on… Read More

March 9, 2022 @ 7:39 pm By Omar Faridi  |  

Glean AI, the intelligent accounts payable firm, has secured $10.8 million in seed financing from Contour Venture Partners (lead investor), Amex Ventures, Infinity Ventures, B Capital Group, Portage Ventures, Parameter Ventures, and several other venture funds and angel investors. The proceeds from the investment round… Read More

March 8, 2022 @ 5:31 pm By Omar Faridi  |  

Resonate (RESO), a “decentralized” social NFT platform that is centered on enabling users to have a decentralized AI-enhanced, “trusted” social experience “free from all forms of malicious, untrustworthy sources and actors” is set to launch on Fetch.ai. The first version of the platform “enables users… Read More

March 7, 2022 @ 7:56 am By Omar Faridi  |  

Software intelligence firm Dynatrace (NYSE: DT) announced that TSB Bank is using the Dynatrace platform to “accelerate innovation as it expands digital services for its customers.” TSB has built a multi-Cloud banking platform on AWS, IBM Cloud, and BT Cloud, to “support customers across all… Read More

March 6, 2022 @ 1:07 pm By Omar Faridi  |  

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer. ThetaRay is an OurCrowd portfolio… Read More

March 3, 2022 @ 3:15 pm By Omar Faridi  |  

Hyperhuman is reportedly raising a €0.7M round being led by Sparking Capital, along with contributions from Early Game Ventures and SeedBlink investors. The offering on SeedBlink is raising equity capital from retail investors at a pre-money valuation of €6.2 million. The offering is scheduled to… Read More

February 25, 2022 @ 12:13 pm By Omar Faridi  |  

Fintech firm Ramp, which offers a finance automation platform and claims to have one of the fastest-growing corporate cards on the market,  has introduced Ramp for Travel, a new AI-assisted travel solution that enables workers to “book anywhere and gives finance teams an unprecedented level… Read More

February 24, 2022 @ 8:26 am By Omar Faridi  |  

Mecanicus, a company focused on driving a “revolution” in the classic car market to ensure its “transmission to future generations,” has secured 113% (€568,692) of its €500,000 fundraising target via Crowdcube (from 121 investors at the time of writing). Mecanicus notes that it aims to… Read More

February 22, 2022 @ 9:43 pm By Omar Faridi  |  

Digital insurance marketplace RenewBuy has reportedly acquired Bengaluru-headquartered Fintech firm Artivatic.AI. The strategic acquisition by RenewBuy has been made as it aims to scale its operations and further enhance its tech stack to address the requirements of clients in insurance claim settlement, risk assessment and… Read More

February 9, 2022 @ 4:01 pm By Omar Faridi  |  

Smarter.ai, the creators of an AI marketplace to democratize artificial intelligence and help SMEs meaningfully compete with Big Tech, has announced its pre- seed raise, which was led by Fuel Ventures and Hambro Perks. As noted in the update, this comes at a time when… Read More

February 8, 2022 @ 9:29 am By Omar Faridi  |  

We recently connected with Harjyot Singh, Technology Director at Human Protocol, which has been specifically designed for tokenizing work. HUMAN Protocol connects projects with millions of international respondents, offering not only access to a global Q&A, but the blockchain or distributed ledger tech (DLT) infrastructure… Read More

February 8, 2022 @ 9:22 am By Omar Faridi  |  

We recently connected with Seira Yun, the Founder & CEO at Socious, a Fintech/Community App for social change. Seira Yun, a Japanese serial social entrepreneur, full-stack developer, and impact angel investor told Crowdfund Insider that he’s interested in getting more involved in the decentralized/distributed autonomous… Read More

February 3, 2022 @ 5:48 pm By Tony Zerucha  |  

Look for the use of artificial intelligence (AI) in customer service to grow in 2022 TelcoSwitch CEO Russell Lux said. The growth will continue with automated chatbots which are deployed in customer contact centres and will extend to call analytics. The importance of both have… Read More

February 1, 2022 @ 6:50 pm By Omar Faridi  |  

FinScience, the Fintech firm of the Datrix Group, recently revealed that Bloomberg Enterprise Access Point now provides FinScience’s Thematic Dataset as part of an alternative data catalog. The dataset allows investors to keep track of the trend exposures of thousands of securities. FinScience confirmed that… Read More

January 26, 2022 @ 10:57 pm By Omar Faridi  |  

According to a Securities and Futures Commission (SFC) report, Hong Kong’s asset and wealth management sectors registered an increase in AUM of more than 20% YoY, to HKD 34.9 trillion, as of end 2020. As one of the area’s most prominent wealth management hubs, Hong… Read More

January 26, 2022 @ 3:42 pm By Omar Faridi  |  

Pagaya, a tech firm building AI infrastructure for the financial ecosystem, and Visa (NYSE: V), which facilitates over 160 billion payments transactions globally, have announced a strategic relationship that will “enable Visa’s expansive network of merchant partners and issuing co-brand financial institutions to leverage Pagaya’s… Read More

January 23, 2022 @ 5:37 pm By Omar Faridi  |  

National governments have reportedly invested more than $25 billion into quantum computing research and more than $1 billion in VC deals have closed in the past year – “more than the past three years combined,” according to an update shared by the World Economic Forum… Read More

January 20, 2022 @ 3:16 pm By Omar Faridi  |  

Jumio, the provider of AI-enhanced end-to-end identity orchestration, eKYC and AML solutions, recently announced a record-breaking close to a solid 2021, with revenue growing by over 130% in Q4 2021 from Q4 2020. Other Q4 highlights for Jumio include 4Stop acquisition and introduction of no-code… Read More