Active.ai, a Singapore-based fintech company, has secured $3m in financing from IDG Ventures India and Kalaari Capital to further develop its artificial intelligence features and improve its platform. The company is also working on developing an AI platform for the Indian market that will be launched by end of this year.
Active.ai, a Singapore-based fintech company, has secured $3m in financing from IDG Ventures India and Kalaari Capital to further develop its artificial intelligence features and improve its platform. The funding will allow sophisticated autonomous messaging services to be developed for customer service, as well as enabling banks to utilise automated customer service systems capable of blocking and reissuing credit cards among other tasks.