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Fintech Insider Podcast by 11:FS
850. News: Ramp raise $150m for AI dev and Goldman Sachs sell Marcus Invest
Apr 29, 2024
Charles Delingpole, Chairman and Co-founder of ComplyAdvantage, along with other guests, discuss Ramp's $150m funding for AI development and Goldman Sachs selling Marcus Invest to Betterment. They also cover topics such as UniCredit rolling out Mastercard's Touch Card and ComplyAdvantage acquiring Golden for financial crime intelligence.
01:00:52
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Quick takeaways
- Ramp secures $150m to enhance AI capabilities, Goldman Sachs sells Marcus Invest accounts to Betterment.
- UniCredit rolls out Mastercard's Touch Card to 12 markets, ComplyAdvantage acquires Golden to strengthen financial crime intelligence offering.
Deep dives
US Fintech RAMP Secures $150 Million for AI Capabilities and Acquisition
US Fintech RAMP raises $150 million to enhance its artificial intelligence capabilities and products, adding to its $300 million raised in August 2023. The funding, led by Founders Fund and Cozla Ventures, will be used to elevate process automation and decision making products. This funding round follows their acquisition of venue in February, highlighting their focus on innovation and growth.
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