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Abaka Completes Second Tranche Of Its Series A Investment

Nov 12, 2021•over 3 years ago

Round Type

series a

London

Description

ABAKA today announced the closing of a $5 million second tranche of its Series A investment; The round was co-led by Lingfeng Capital and Thames Trust, with additional investments from both new and existing investors; ABAKA will use the funding to support its international expansion in Asia and the ongoing development of its AI-powered hyper-personalized recommendation engine.

Company Information

Company

Abaka

Location

London, Ontario, Canada

About

ABAKA ABAKA has created an AI-driven digital platform that gives the financial services industry the means to engage, retain and acquire customers. With deep expertise & specialization in machine learning and hyper-personalization, ABAKA is a multi-award-winning provider of Artificial Financial IntelligenceTM that serves the needs of global financial institutions across retail banking, wealth management, retirement, and insurance (life and non-life). By combining data analytics with behavioral science, we help financial institutions deliver hyper-personalized customer experiences and build a truly customer-centric ecosystem across their range of products and services. Established in 2016 with headquarters in the United Kingdom and further offices across the APAC and Europe, ABAKA has expanded with solutions now deployed across three continents. To learn more visit http://www.abaka.me