Automata, a FinTech based in the UK and France, has raised £1.35mn Series A funding.
In Brief:
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This is part of an ongoing funding round which has so far raised £1.8mn.
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It plans to raise a total of £6.3mn.
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Automata was founded in 2017 and created wealth-centred neobank akt.io.
What does this mean?
Automata has developed its own framework to create technology that aims to “revolutionise” the way banks and individuals manage their money. It says savings are a thing of the past and wants people to be able to invest for a secure financial future.
