AI company Rimilia raises $15mn

February 03, 2020 | Payments
Written by FinTech Alliance

Tags

AI automation
AI company Rimilia raises $15mn

British FinTech firm Rimilia has raised $15mn in a growth round.

In Brief:

  • One of the investors was Eight Broad Ventures.

  • The FinTech uses AI to automate payments.

  • It was founded in 2008 and last year helped process the collection of £110bn.

What does this mean?

Rimilia has worked with clients including Disney and HSBC. It uses AI to speed up the payments process for customers and with this new funding will continue to cut cost and time involved.

 

More in Payments

Barclays takes a stake in Flux
Payments
January 29, 2020

Barclays takes a stake in Flux

Barclays has acquired a minority stake in London based FinTech Flux In Brief: Flux offer...

Currencycloud raises £61mn
Payments
January 27, 2020

Currencycloud raises £61mn

Cross-border payments FinTech Currencycloud has raised a total of £61mn in its latest funding...

Standard Chartered introduces feature to track cross-border payments
Payments
January 10, 2020

Standard Chartered introduces feature to track cross-border payments

The bank is the first to bring out a platform that allows the public to track and trace payments....

There are no Knowledge Bank in this category

The Card & Payments Awards

The Card & Payments Awards

When: Feb 06th, 2020
Where: JW Marriott Grosvenor House London, London
Price: FREE
Money 20/20 Europe

Money 20/20 Europe

When: Jun 16th - Jun 18th, 2020
Where: RAI Amsterdam, Amsterdam , GB
Price: £1,700