Finster AI, a London-based financial research platform designed for investment banks and asset managers, has raised $15M in combined Series A and Seed funding. Led by FinTech Collective and Peak XV Partners, this investment will fuel its expansion into New York, enhance team capabilities, and strengthen industry partnerships. Founded by Sid Jayakumar, a former Google DeepMind researcher, Finster AI addresses the unique challenges faced by financial institutions, such as managing confidential information and preventing errors in client communications. The platform integrates advanced AI technology to provide precise, real-time data, allowing finance professionals to shift from reactive tasks to proactive decision-making. With strategic leadership appointments, including Chris Andrews as COO and Veeral Manek in product development, Finster AI is poised to redefine workflows within the financial sector. The platform promises to deliver deeper insights and measurable ROI for top-tier investment banks and asset managers, making it a critical tool for market success.
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