Bourgeois Boheme (BoBo), a fintech platform targeting high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs), has raised €6.5 million in a seed round led by Graphit Lifestyle. BoBo stands out as the first financial platform to facilitate instant large-volume cross-border transactions, leveraging AI for enhanced security and customer behaviour analysis.
- BoBo is pioneering the facilitation of high-value cross-border transactions, enabling wire transfers and card transactions of up to €1,000,000. This is aimed at simplifying and securing large-scale financial operations for HNWIs and UHNWI families through an app-based platform.
- The platform uses advanced AI tools to monitor and analyse customer behavior, swiftly flagging suspicious activities to prevent fraud. This sophisticated monitoring system ensures secure transactions, adhering to regulatory standards under EEA and UK EMI licenses and Mastercard approval.
- BoBo offers unique features such as embedding payment chips into accessories like jewellery and managing secondary accounts for authorised third-party transactions. These services, along with premium card offerings and exclusive lifestyle assistance, cater to the modern needs of wealthy, tech-savvy individuals managing globally dispersed assets.
