Edinburgh based FinTech Aveni has raised £1.1mn funding.
In Brief:
Aveni uses AI and natural language processing to automate processes based on voice commands.
This product can be offered to businesses to improve customer experience and drive efficiencies.
The round was led by the TriCapital angel syndicate.
What does this mean?
Voice solutions will be increasingly popular in banking as people continue to manage their money remotely, while banks strive to ensure a positive experience with a “human” element to their brand. With its new funding, Aveni will look to expand in the UK as well as introducing its product to other regulated markets.
