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Abaka

News RoundupFintechEurope
·Dec. 9, 2016

UK Financial Wellness Startup, Abaka, Raises Seed Funding

Fintech startup, Abaka, raised 520,000 British pounds in seed funding from Anthemis Exponential Ventures and MMI Holdings' Exponential Ventures; the company intends to use the capital to hire new people and launch in the UK; the company uses artificial intelligence to help employees improve financial wellness through a savings platform so they can manage their pension plans on their phones.  Source

 

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