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Fintech Startup Active.Ai Raises $3 Mn In Series A Extension From VC Unit Of Spain's Banking Group IndianWeb2.com
Fintech startup Active.ai, that delivers conversational banking through artificial intelligence (AI), has raised $3 million from Innocell, the venture capital arm of Spanish banking group Banco Sabadell, in an extension of its Series A funding round. With this, its total funding from the current round has touched over $11 million. Headquartered in Singapore, Active.ai raised $8.25 million in Series A back in November 2017, which was led by Vertex Ventures, with contributions from CreditEase, Dream Incubator, Kalaari Capital and IDG Ventures. The existing investors have contributed in this round too in order to retain their stakes. With this round of funding and partnership, Active.ai