5 years ago
Automata Raises €1.5 Million for its Wealth-Centred Neobank akt.io
Automata, a UK-France-based fintech company, has raised €1.5 million in private investments as part of its ongoing Series A funding round
Automata has developed akt.io, a wealth-centered neobank that combines AI-powered investment technology with decentralized finance and innovative payment solutions
The platform allows users to make automated fractional investments, earn daily interest payouts, buy and exchange financial assets, and instantly pay with any owned currency, asset, or vault using the 'Wealth Card'
The new funding will be used to develop Automata's bespoke technology, which is almost 100% proprietary
The company aims to revolutionize how banks and individuals manage their money.
ProblemFinancial Services
"people need to access their savings easily and with good returns, traditional banking and investments are limited and not flexible"
Solution
"Automata's platform enables customers to invest with ease, earn daily interest pay-outs, buy and exchange financial assets, and instantly pay with any owned currency, asset, or vault using the 'Wealth Card', allowing users to grow their wealth while having access to it"