Finantix acquires InCube, a Swiss AI and data science company

March 16, 2020 | Machine Learning

Written by FinTech Alliance

Tags

AI
Finantix acquires InCube, a Swiss AI and data science company

The Zurich business is dedicated to wealth management and insurance

In Brief

  • The acquisition intends to grow Finantix’s robotics, AI and cognitive technology capabilities.
  • It will also bolster Finantix’s existing deep industry expertise with the integration of InCube’s team, many of whom graduated from ETH Zürich or HSG St. Gallen.
  • The move comes at a time when the use of AI-powered tools is proliferating in financial services

What this means

As financial services institutions handle more data than ever before the market advantage lies in processing it in a timely and intelligent manner to generate actionable insights and personalised experiences.

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