Abc Fintech,the Chinese AI start up announced completion of its fundraising of 30 million dollars in round B,and the investors include Mindworks Ventures,SIG and Qiming Venture Partners.
Yang Yongzhi,CEO and founder of Abc Fintech said,the capital fundraised this will be mainly spent on talent recruitment,to further improve technical solutions and provide more valuable products for the financial professionals.
Established in July 2016,Abc Fintech started its exploration in AI application with finance since March 2017 to provide product services for the investors.The current product is still at a very stage,and their products are not limited to investment research,the integration of AI and finance is the key competitiveness.
At present,Abc Fintech has had cooperation with more than 50 financial institutions,including China Investment Corporation,Singapore Investment Corporation Private Limited,China International Capital Corporation Limited,China Ping An Insurance(Group)Company,Hongkong Stock Exchange,etc.The clients of Abc Fintech are consisted of capital management,funding,securities,bank,insurance,stock exchange and so,Abc Fintech has set up product sales team to conduct continuous output of its technology and products.
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