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Ansarada collects $18m, to support US, EMEA expansion

Ansarada, an AI-powered platform for global business readiness, has collected $18m in its Series A round.

HMRC to use AI for complicated tax compliance

HM Revenue and Customs, a department of the UK Government, is looking at how artificial intelligence could be used for compliance and complex tax cases.

Onboarding provider CustomerSuccessBox collects $1m

CustomerSuccessBox, a San Francisco- and Gurugram-based provider of customer onboarding, has raised $1m.

European Commission looks to regulate crowdfunding

The European Commission has unveiled an Action Plan on how to harness the opportunities presented by FinTech, which includes creating regulation for crowdfunding.

NICE to use artificial intelligence to tackle AML

NICE, a provider of cloud and on-premises enterprise software solutions, is set to apply AI to financial crime.

Cleo pockets $700,000 for personal savings chatbot

Artificial intelligence-powered finance chatbot Cleo has picked up $700,000 from angel investors. The London-based company saw participation from a large group of well-known European tech figures.

Alpaca grabs $1.7m for AI-driven trading tech

FinTech AI startup Alpaca has raised $1.7m in a new venture funding round. The investment comes from D4V, Monex Ventures and MUCAP of Mitsubishi UFJ Financial Group.

Fraugster nabs $5m for AI-powered anti-fraud

Artificial intelligence-powered anti-fraud startup Fraugster has raised $5m in funding. Earlybird led the round with existing backers also participating.

AI will drive FinTech revenues up 960% by 2021

Increasing use of artificial intelligence (AI) will lead to a surge in FinTech revenues over the next five years, according to a new report from Junipur.
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