Saturday, October 24, 2020

Zest AI raises $15M for its AI-powered tech that it claims can help financial institutions reduce bias in loan portfolios, bringing its total VC funding to $87M (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat:
Zest AI raises $15M for its AI-powered tech that it claims can help financial institutions reduce bias in loan portfolios, bringing its total VC funding to $87M  —  Zest AI, a company developing AI-powered loan decisioning products, today closed a $15 million funding round led by Insight Partners.



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...