FinTech Studios picks up $1m investment

AI-based data platform FinTech Studios has picked up $1m in a seed series fundraise led by KEC Ventures.

The company develops AI-based Financial information, FinTech apps and big-data analytic products, offering investors with up-to-date information and insight. The platform operates on Amazon’s AWS cloud and APOLLO.ai and analyses news, research and market data from online sources and databases.

FinTech Studios founder and CEO Jim Tousignant said, “This investment by KEC Ventures will allow us to ramp up our sales efforts in the United States and Europe and expand our product and engineering teams.”

Following the transaction KEC Ventures managing partner Jeff Parkinson will join FinTech Studios.

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