Tag: AI

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

Hot cloud storage company Wasabi has raised $112m from a Series C funding round led by Fidelity Management & Research Company.

Cybersecurity enterprise Deep Instinct has closed a $100m Series D funding led by global asset juggernaut BlackRock.

Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.

Estonian identity verification business Veriff has closed a $69m Series B financing round led by IVP and Accel.

Chicago-based Aclaimant has closed a $15m Series B equity and debt funding round led by Next Coast Ventures (NCV).

FOXO Technologies, which leverages AI-driven bioinformatics and microarray technologies for the life science space, has closed a $10m investment round.

Tractable, which leverages AI to improve recovery from accidents and natural disasters, has named former Microsoft CFO John Connors as its latest board of directors member.

Artificial intelligence is becoming a common sight, but there are still fears around using the technology and ensuring it is not being misused.