Michele Mattei’s Post

🚨 Big News in Fintech 🚨 Wealth.com, a pioneer in AI-enhanced estate planning, has raised $30M in Series A funding! 💰🎉 This round was led by GV (Google Ventures), showing strong confidence in Wealth.com's innovative approach to modern estate planning. 💼 Why does it matter? With support from Citi Ventures, Outpost Ventures, 53 Stations, and Firebolt Ventures, Wealth.com is set to accelerate product innovation and expansion efforts—cementing its status as a leading platform for financial advisors and wealth management firms. 📈 At its core, Wealth.com combines cutting-edge technology with essential advisory services, empowering financial advisors to offer more comprehensive and efficient estate planning solutions. 🌟 Key Insights: • Elena Sakach, Partner at GV, highlights, "Half of all personal wealth in the US will change hands in the next two decades." • Wealth.com is tackling this challenge head-on, enabling advisors to meet their clients' evolving needs with ease. 🔑 🛠️ What’s new? Wealth.com recently launched its Family Office Suite™, a set of powerful tools for high-net-worth clients—streamlining tax planning and simplifying complex estate management. 📊💼 CEO Rafael Loureiro emphasizes, “We’re on a mission to modernize estate planning through technology. With this incredible group of investors, we’re ready to deliver on that vision.” The future of estate planning is here, and Wealth.com is leading the way! 🚀 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 🚀 Source: FinTech Global #EstatePlanning #Fintech #AI #WealthManagement #SeriesAFunding #FinancialAdvisors #Innovation #WealthTech #FutureTechly

From redefining algorithmic trading to driving AI-powered solutions, Sajid Lhessani, Co-founder and AI Lead at AlgoForce and Silver Ledger, is shaping the future of finance. 🌟 Read our exclusive interview where Sajid shares his journey, challenges, and groundbreaking innovations in the FinTech world. Learn how he's leading teams to success and setting benchmarks in AI-driven trading solutions. https://lnkd.in/ghActBx7 #FinTech #ArtificialIntelligence #AlgoTrading #Innovation #Leadership #AIinFinance #BusinessInsights #FinancialTechnology #Entrepreneurship #DigitalTransformation

"Every financial service company that works with or invests in companies needs to track their portfolio. There are many great legacy tools like iLevel/eFront, but portfolio management requirements have significantly changed over the past few years because of the rise of sustainability regulations, which require seamless integration of sustainability data into financial decisions, risk management and reporting, and existing solutions fall short of." This week we feature a Q&A with Alex Lu, building PortF - a holistic Portfolio Management Platform with Sustainability at its core. Last week's deal highlights: - investors continued to bet on startups in the CFO Stack, with HubiFi, a provider of financial intelligence and revenue recognition solution, raising $2.5M in Seed funding and Hyperbots Inc., "the cutting-edge AI company specializing in finance and accounting solutions" announcing the successful closure of a $2 million seed funding round. - Real-world asset startup ZOTH raised $4 million in a strategic round to launch its Tokenized Liquid Note, featuring assets like U.S. Treasury Bills and corporate bonds. - Rich Data Co secured an additional AU$9 million to accelerate the expansion of its AI decisioning platform for business and commercial lenders in North America. Read on for more on the founders and investors in the news last week. If you are a startup, investor or corporate building or backing “what’s next in finance” and want to spread the word with our network of over 20k, reach out to Frank Schwab and Samarth Shekhar.

🚀 Financial Storytelling in Fintech Start-Ups 📊 In fintech, a compelling financial story is crucial. Robust financial models provide clear insights, building stakeholder confidence. They aid in strategic planning, identifying opportunities, and forecasting challenges. Effective financial communication aligns the team with the company’s goals, fostering transparency. Financial models are more than numbers—they narrate your start-up’s journey towards innovation and success. #Fintech #Startups #FinancialModeling #Entrepreneurship #Innovation #InvestorRelations #BusinessGrowth #TechInnovation #FintechCommunity #FinancialPlanning #StartupSuccess #VentureCapital #DataDriven https://lnkd.in/dcfauAxW

🚀 Exciting news in the fintech space! Financial data platform 9fin has secured $50 million in new funding, which they plan to invest in enhancing their AI capabilities, expanding their team, and pushing into the U.S. market. This move signals a strong confidence in AI's potential to transform financial data analytics. With this significant investment, 9fin is poised to not only strengthen their product offering but also compete more effectively in the crowded U.S. fintech landscape. The focus on AI aligns with a broader trend we're seeing across the industry, where intelligent insights drive efficiency and better decision-making for financial professionals. This development presents both opportunities and challenges. On one hand, the increased investment in AI tools can lead to more innovative solutions that streamline operations and enhance customer experience. On the other hand, as competition heats up, companies will need to differentiate themselves and prove the tangible benefits of their AI integrations. This could open the door for new entrants and further innovation — while also raising the stakes for everyone involved. As we watch these changes unfold, it's clear that firms willing to adapt and invest in technology will stand to gain a significant edge. 🤝 I’m curious to hear how others in our network view this trend. How are you planning to leverage these advancements in AI within your own organizations? Let’s discuss! 💬 https://buff.ly/3ZzzZwr #Fintech #AI #StartupFunding #9fin #Investment #TechExpansion #USMarket #LondonTech

🌟 Have you ever thought about how much easier managing your finances could be? Introducing **WalletAI** – a revolutionary FinTech startup that uses the power of artificial intelligence to put you in control of your money. No more guessing games or complicated spreadsheets; WalletAI effortlessly tracks your spending and offers smart saving strategies tailored to your individual habits. Imagine having the power to receive real-time budgeting advice and personalized investment opportunities right at your fingertips. This could change the way you manage your finances and help you achieve your financial goals faster than you ever thought possible. Is this something you’ve been looking for? Let us know! 💡💰 #FinTech #WalletAI #FinancialLiteracy #StartupDreams

The fintech sector has been experiencing rapid growth, fueled by post-pandemic consumer adoption and significant VC investment. In our blog, we explore the dynamic landscape of fintech accounting, highlighting the unique challenges finance teams face in this sector. From managing complex cash flows and leveraging diverse technology platforms to handling fraud and maintaining compliance, we provide valuable insights to help fintech startups navigate these complexities and optimize their financial health. At Rooled, we bring extensive experience working with leading fintech companies, offering specialized consulting services to address the unique needs of your business. Our team of experts is dedicated to helping you streamline accounting processes, enhance financial reporting, and ensure compliance. Dive into our blog to discover how you can position your fintech startup for sustained growth and success in this booming industry: https://ow.ly/nct650SpC13 #Accounting #CFO #Tax #Finance #Startup #Fintech

It's that time of the year again! Please join us in giving a warm welcome to the incredible startups of our Fintech Batch 20 👏👏👏Check them below! AI or Not is an AI detection platform created to combat misinformation and elevate compliance solutions. AQ22 helps credit officers utilize AI co-workers to automate the loan assessments.  Bankuish works to improve the lives of freelancers and gig workers by providing a path to full financial inclusion. Cascading AI (YC S23) is an open-source identity and risk management infrastructure that helps businesses automate onboarding and other processes. Cashmere AI is the core intelligence layer that helps orchestrate systematic client acquisition for wealth management firms from start to finish. Concentro helps DG clean energy developers maximize the value of tax credits through a turn-key solution approach, while providing investors access to attractive sustainable investment opportunities. Coverbase is a new startup building AI-driven systems for helping companies assess the risk of working with other businesses. Decagon creates generative AI for building customer service agents that work much more like humans and its platform gives customer support team leaders more visibility into their automated customer experience operations. Eisen powers all of your account closure operations. Everything you need to monitor, manage, and mitigate risk when closing accounts. Glean is the work assistant with intuition. Search across all your company’s apps to find exactly what you need—instantly. Hebbia is an AI-powered platform that allows enterprises to build intelligent knowledge bases and interact with internal documents. HIFI is the next-generation payments and API platform for global businesses to move money at the speed of the internet. Jericho Security is evolving defense for evolving threats. Landjourney.ai provides digital loan origination technology for modern agricultural lenders. LendAPI (Techstars '24) supports a/b testing and optimisation strategies ensuring tenants to improve by testing new rules and strategies. Narrative is a platform that automates compliance and operational workflows using AI technology. Parcha AI Agents that enables businesses to automate their scale compliance and operations. Analysis and judgment can now be fully automated with autonomous AI agents. Synthera AI is synthetic data for financial markets to improve risk management and portfolio optimization. If you’d like to connect to these amazing startups, please let us know. Once again, Congratulations to Fintech Batch 20 Startups. 🚀

🌐 Embedded finance is revolutionizing the way consumers interact with financial services, integrating them seamlessly into non-financial platforms. https://hubs.li/Q02xXkGB0 This trend is set to generate significant revenue for European brands. As a tech founder, consider how embedding financial services into your product can create a more cohesive user experience and unlock new revenue streams. #EmbeddedFinance #Fintech #TechInnovation #Startups #BusinessGrowth

ZenStatement, an innovative AI-powered finance automation and cashflow management platform, has successfully raised $1.62 million in a seed funding round! The round was led by 3one4 Capital and BoldCap VC, with additional support from Dynamis Ventures and Atrium Angels. Notable angel investors include industry veterans like Michael Boyd, former Global Treasury Head at Apple, and founders from leading startups such as EatFit and ZETWERK. Founded in 2023 by Sourabh Nolkha and Ankit N., ZenStatement (formerly SimpliFin) aims to help businesses easily monitor, optimize, reconcile, and forecast their cash flows, all while providing valuable financial insights through AI-driven natural language queries. In just one year, the platform has built an impressive customer base that includes unicorns and leading players in digital commerce, retail, and fintech, managing approximately 10 million transactions monthly! With this new funding, ZenStatement is set to expand its product offerings and strengthen its presence in both Indian and international markets. Stay tuned for more updates as ZenStatement continues to revolutionize financial management! Read More: https://lnkd.in/g_iXHKFF #Fintech #StartupFunding #AI #CashflowManagement #ZenStatement #Innovation #InvestmentNews #FinancialTechnology