AI fintech company Kapital has secured $125 million in a new round of equity and debt financing, with Tru Arrow Partners and Fasanara Capital co-leading the round. Cervin Ventures, Niya Partners and Overlook Capital also participated. The company uses artificial intelligence to help individuals and businesses manage operations, credit and cash flow, while also supporting savings and investment through its brokerage and fund management businesses. According to the announcement cited by Odaily and sourced to Prnewswire, the fresh capital will be used to further develop Kapital’s AI platform and data analytics suite. The company also plans to use the proceeds to speed up its expansion across the U.S. and European markets.
AI fintech company Kapital has raised $125 million in a new round of equity and debt financing, according to Odaily, which cited Prnewswire.
Tru Arrow Partners and Fasanara Capital co-led the round. Cervin Ventures, Niya Partners and Overlook Capital also joined the financing.
Kapital uses AI to help individuals and businesses manage operations, credit and cash flow. It also promotes savings and investment through its brokerage and fund management businesses.
The new funding will go toward deeper development of its AI platform and data analytics suite, and toward accelerating its expansion in the U.S. and Europe.
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