28 February 2023

Robin AI backed by Monzo and Wise co-founders

Written By FinTech Alliance in FinTech

Robin AI backed by Monzo and Wise co-founders

Tom Blomfield and Taavet Hinrikus have both backed AI powered LegalTech

IN BRIEF:

- Robin AI is a legal software-as-a-service provider helping the legal sector to write and review contracts

- The company is cash flow positive and on Monday raised $10.5m from a number of investors

- The round was led by Plural—the VC fund launched by Wise co-founder Taavet Hinrikus

What does this mean?

Plural’s founding partner Ian Hogarth said: “Repetitive legal work is a clear use case for large language models and Robin AI is the leading company to apply this rapidly advancing technology to contract generation and editing.”

Read more here.

Up Next ...
20 September 2024

NeoXam Strengthens Global FinTech Offerings with EZOPS Acquisition

NeoXam, a global leader in financial software solutions, is set ...

20 September 2024

Funding platform Ferovinum raises £17.5m for global expansion, having provided £114m to grow the UK wine and spirits industry

Ferovinum, a UK-based funding and supply chain platform, has raised ...

20 September 2024

MoneyGram Teams Up with dLocal to Revolutionize Cross-Border Payments in Emerging Markets

MoneyGram is expanding its digital cross-border payment services through an ...

More in FinTech

NeoXam Strengthens Global FinTech Offerings with EZOPS Acquisition

20 September 2024

NeoXam, a global leader in financial software solutions, is set ...

MoneyGram Teams Up with dLocal to Revolutionize Cross-Border Payments in Emerging Markets

20 September 2024

MoneyGram is expanding its digital cross-border payment services through an ...

White Papers FinTech

Open Finance in Review: Looking back at 2023

28 November 2023

In this insightful report, OzoneAPI delve into the pivotal developments that have shaped the landsca...

White Papers FinTech

Fintech 2030: The Industry View

02 October 2023

Key findings from the report:Embedded finance is expected to dominate the industry in 10 yearsThere...

White Papers FinTech

Pulse of Fintech H2 2022 report

27 July 2023

UK FinTech investment falls 56% to £14.42bn in 2022After an incredibly strong 2021, with total FinTe...

White Papers FinTech

The Rise and Impact of Fintech in Latin America

29 June 2023

Fintech also provides tools to help manage these risks. Financial authorities and their supervisees...

There are no Events in this category