TIFIN Raises $109 Million To Enhance Financial Management With AI
TIFIN, a company with several services offering AI-powered financial management solutions, has raised $109 million through a Series D funding round led by Motive Partners.
Created on May 12|Last edited on May 13
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TIFIN manages a number of services that use AI to make it easy for you to incorporate investment as a main driver of financial well-being. By using machine learning, personalized suggestions for how you can better invest and manage your financials.
As a fintech company, TIFIN wants the user experience of financial investment to be intuitive and easy to use, while still offering the monetary gains on investments that hard work achieves. By incorporating AI to not only the algorithms that drive investment suggestion, but also using natural language processing and conversational AI to improve the base user experience, TIFIN offers easy but powerful AI investing solutions.
Who's funding TIFIN and where's the money going?
TIFIN announced a Series D funding round of $109 Million led by Motive Partners with additional participation from Broadridge, Franklin Templeton Investments, Hamilton Lane, J.P. Morgan Assets Management, and Morningstar.
They plan to use the money, along with money collected from previous funding rounds, to support TIFIN's continued growth and expansion outside the US, product development, and other fintech initiatives.
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