Specialist venture capital investor Oak HC/FT has brought in Feedzai co-founder and CEO Nuno Sebastiao as a senior advisor for its FinTech team.
Oak previously led a $17.5m Series B round for Feedzai, a data science company focused on safety for banking and commerce, in 2015.
The firm said Nuno would provide guidance on vital trends and patterns in AI and machine learning, which it says are significant drivers of tech-enabled services in its target areas of fintech and healthcare.
Oak co-founder and general partner Patricia Kemp said, “We are proud to welcome Nuno to Oak HC/FT as a senior advisor and look forward to collaborating with him in new, exciting ways.
“As artificial intelligence and machine learning continue to drive the fintech sector, I am confident that Nuno’s unparalleled experience and insights will prove invaluable to our team.”
Sebastiao’s appointment follows previous appointments this year of Billy Deitch, who joined the healthcare team as principal, and Dan Petrozzo, who joined the FinTech team as venture partner.
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