Blackstone Bengalurubased ml 250m Timesindia
PNGME Subsaharan 15M Series Octopus ventures keneoka for techcrunch is a company that offers a variety of products and services for clients and investors. The company’s goal is to create an environment where business owners can expand their businesses and reach new heights. They aim to provide quality products and services to consumers and investors through an open platform. Their main focus is to provide a place where customers can communicate with each other, and the opportunity to build and expand their brand by creating an online community. Moreover, they will strive to establish a long-term relationship with their consumers by providing valuable and useful information to them.
Pngme is a fintech startup based in Johannesburg that enables consumers to create a holistic picture of their financial behavior. The platform is powered by an artificial intelligence (AI) engine which processes billions of data points from financial institutions like banks, credit bureaus, and retailers. It has already found some traction with leading tier one African Banks. Some notable players using the platform are Kuda, Renmoney, and Simplefi.
One of the smartest things the startup has done is assemble a team of data scientists and engineers to develop a suite of machine learning-as-a-service products. These include a mobile SDK that allows users to collect and analyze financial data. In addition to deploying machine learning, the company is also working on a data unification product that uses AI to help financial institutions create a single customer view of their customers’ finances. With its recent $15 million Series A round, the startup is on track to expand its offerings, including a lending platform that could help African entrepreneurs make more of their profits.
Pngme has raised $15 million in Series A funding. The fintech company has its sights set on building the next generation of data infrastructure for the global financial industry. In the past, Pngme has partnered with financial institutions such as UBS, Citigroup, Morgan Stanley, and Deutsche Bank, allowing them to provide their customers with the latest in machine learning and data analytics.
Pngme’s data hub is a bit of a hybrid of an infrastructure for big data and a machine learning-as-a-service (MLaaS) platform. It’s the product of a collaboration between Octopus Ventures, Aruwa Capital Management, Raptor Group, and Two Small Fish Ventures buxic.
Pngme is an early stage fintech company that specializes in aggregating financial data. The platform works with companies that offer data-driven products to tier one banks in sub-Saharan Africa. In a nutshell, Pngme provides alternative financial data to these firms so they news247 com can better understand customers. Its clients include Renmoney, Kuda, Credpal, Simplefi and others.
Pngme has raised $15 million in Series A financing. The funding came from Octopus Ventures, Lateral Capital, Raptor Group, Two Small Fish Ventures and Future Africa. They were joined by angel investors Hayden Simmons of RallyCap and Kyle Ellicott of Intersect Ventures. These funds will enable Pngme to expand its offerings.
Pngme also plans to hire a CTO, Nick Masson, who previously served as a software engineer at RallyCap and as an associate at Google. Additionally, the company will expand its sales and engineering teams to help it reach its goals.
The company, which specializes in providing financial data to fintech startups, is expanding its sales and engineering teams. Pngme will use the funds to expand its infrastructure, which has been processing billions of data points for financial institutions. In addition, it plans to expand its Insights Library product, which allows users to access third-party data for various markets. These funds will also be used to help expand the team’s data science team, according to the press release.
Founded in 2017, Pngme has raised $15 million in Series A funding, led by Octopus Ventures and Raptor Group. Other investors include Lateral Capital, Two Small Fish Ventures, and Future Africa. Additionally, the company received checks from angel investors such as Hayden Simmons of RallyCap. It has also received a $3 million seed investment from Intersect Ventures, an Worldnewsite early-stage VC firm that invests in immigrant-founded startups