INTERESTING COMPANIES FOUND
Vic.ai (2017, New York City) – Provides software that automates the process of bookkeeping by the implementation of artificial intelligence. The software also provides insights about the financial data of the company. The software can be used by accountants and SMEs. Currently, Vic is operating in the beta stage.
Ntwist (2017, Hyderabad) – Offers a machine learning based business process improvement and data analytics platform that helps business to automate decision making processes and workflows.
HIGHLIGHTS OF THE DAY
- R3, a blockchain consortium has raised $107M from around half of its members as well as Intel and Temasek Holdings in the largest funding round in the history of distributed ledger technology. Read More
- Euronext, the pan-European exchange, is to acquire a 90% stake in spot FX trading network FastMatch for an initial cash consideration of $153M. Read More
- Blispay, a Baltimore-based financing platform for merchants and shoppers, raised $12M in equity funding which it will be using to increase its network of merchants. Read More
- ThinkMarkets, a retail FX and CFD broker, has acquired Trade Interceptor, a trading analysis app. Read More
- ABN AMRO, the third largest bank in the Netherlands, has selected Fenergo’s Client Lifecycle Management software platform to support its CDD / KYC target operating model and business transformation strategy. Read More