From accountancy to anti-fraud measures, the various technologies that exist under the FinTech umbrella have always deployed the latest innovations. When it comes to the application of artificial intelligence (AI) in finance, startups are proving to be every bit as important as the tech giants that dominate the AI space. In Europe, startups up and down the continent are turning to Big Data and machine learning techniques to answer challenges as diverse as the FinTech ecosystem itself. With the global market for AI in FinTech expected to be worth $54 billion by 2032, PYMNTS looks at five European startups that are paving the way. In the realm of accounting software, machine learning is used to automate routine data entry and analysis.