Cleo raises $44m for money management bot

After closing a $44 million funding round, British AI-based personal finance chatbot Cleo is turning the tables on its users and asking them how it should spend its money. EQT Ventures led the round, with participation from existing investors, including Balderton Capital, LocalGlobe and SBI. Launched in 2016, London-based Cleo integrates with users’ bank accounts […]

Home to a robust fintech sector

The financial services sector has traditionally had high barriers to entry, but has evolved significantly in Europe over the last decade. This change followed the 2008 global financial crisis, and happened under the influence of key trends, regulations and innovations – including open banking, digital economy, artificial intelligence, blockchain, and cryptocurrency. European startups were quick […]

Fintech Startup Payer Launches Beta Test Program To Revolutionize Customer Registration In B2B E-Commerce

Payer Financial Services (Payer) has developed a new registration product that revolutionizes how customer relationships are made between companies online. The product enables e-commerce merchants to verify new customers as trustworthy so they can make their purchases with ease. Today, Payer launches a beta test program with several B2B merchants. The Swedish B2B payments startup Payer is […]

Clarity AI raises $15M for sustainable investment platform

Spanish fintech Clarity AI has raised $15m to further develop its platform that analyses the societal impact of investment portfolios. Clarity AI was founded in Madrid in 2017 by Rebeca Minguela, who last month featured in our rundown of Europe‚Äôs leading women in fintech. The platform uses in-house technology to leverage big data and machine learning […]

Interview with Mahesh Vinayagam, Founder & CEO of qBotica

We have the pleasure to interview Mahesh Vinayagam, Founder & CEO of qBotica, a boutique RPA and AI solutions firm offering full range of advisory and implementation services. 1. How can machine learning and AI improve business processes? Many Business Processes of today are really based on decades old ideas, technology and customer expectations. Significant […]