RIBBIT Inc., an AI-powered financial data and technology company providing instant bank behavior analytics, announced its Series A funding.
The round was led by ABS Capital, with participation from additional financial service industry experts.
The funding accelerates RIBBIT's hiring plan to support growth and innovate with behavioral analytics that powers the $9B financial services market.
Company: RIBBIT Inc.
Raised: Undisclosed
Round: Series A
Funding Month: March 2022
Lead Investors: ABS Capital
Additional Investors:
Company Website: http://www.ribbit.ai/
Software Category: AI-powered financial data
About the Company: RIBBIT leverages the recency and accuracy of bank behavior to empower financial service providers to make smarter decisions, promote financial inclusion, and reduce fraud. Consumers and small businesses can now use their bank and payment data to improve access to quality financial services. With AI-powered bank INSIGHTS, RIBBIT delivers instant actionable intelligence that drives customer acquisition with less friction and more accuracy than traditional tools.
Source: https://www.prnewswire.com/news-releases/ribbit-secures-series-a-funding-led-by-abs-capital-301503155.html