3 years ago

WiseWorks AI Secures £1 Million Seed Funding to Automate Financial Compliance

  • WiseWorks AI, a London-based startup, has raised £1 million in a seed funding round led by Veridian Ventures

  • The company provides AI-powered tools to help financial institutions automate compliance tasks related to digital communications

  • The funding will be used to expand the team and further develop the product line.

      • ProblemFinancial Services

      "Financial institutions are struggling to deal with the sheer level of virtual communications they must analyse for regulatory purposes due to the rise of remote working."

      Solution

      "WiseWorks AI uses AI technology to help regulated firms track, record, and report digital communications, automating compliance duties regarding communication, such as monitoring and surveillance."

      Covered on