9 years ago

AI Financial Assistant Cleo Secures $700k Angel Funding

  • London-based AI financial assistant startup Cleo has raised $700,000 in an Angel round from prominent European entrepreneurs, including Niklas Zennström, Alex Chesterman, and others

  • The funding will support Cleo's expansion into international markets in 2017

  • Cleo offers users insights into their finances through AI and machine learning, integrating with platforms like Facebook Messenger and Amazon Alexa.

      • ProblemFinancial Services

      "Millennials have increased expectations of technology and find it inconvenient to log into multiple bank accounts and deal with poorly designed, passive interfaces to manage their finances."

      Solution

      "Cleo is an AI-powered financial assistant that provides a proactive and reactive way to manage finances, integrating with various platforms like Facebook Messenger, Amazon Alexa, and Google Home to offer a hassle-free experience."

      Covered on