Conversational AI FinTech gains £1.2mn for UK expansion  

November 19, 2020 | FinTech

Written by FinTech Alliance

Conversational AI FinTech gains £1.2mn for UK expansion  

FinChatBot, which creates conversational AI for use in financial services, has gained £1.2mn investment.  

In Brief:  

  • The funding comes from Savui Ventures, Compass Venture Capital and Kalon Venture Partners.  

  • The startup was established in 2016 in South Africa.  

  • It serves over 20 financial services companies including banks and insurers.  

What does this mean?  

FinChatBot says it will use the fresh funds to grow its team to over 50 staff as it looks to expand into the UK, as well as Europe and West Africa.  

Read more here.  

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