FinTech Studios, a NYC-based fintech startup, raised $1m in seed funding.
The round led by KEC Ventures. In conjunction with the funding, Jeff Parkinson, Managing Partner of KEC Ventures, will join the FinTech Studios board of directors.
Founded in 2014 by Jim Tousignant, CEO, FinTech Studios provides a cloud platform of AI-based financial information, FinTech apps and big-data analytic products operated in partnership with top FinTech startups, financial institutions, data providers and strategic partners.
Its cloud technology leverages machine learning, artificial intelligence (AI) and natural language processing (NLP) technology and automates the real-time intelligent discovery and analysis of relevant business and financial content from millions of web sites, blogs, news, research, government and online sources and seamlessly links this information to actionable market data, research, apps and big-data analytics to simplify and enrich information discovery, research, analysis, workflow and collaboration.
FinTech Studios products provide business intelligence and financial insight for investors, financial professionals and business executives and target a growing market of millions of investors, portfolio managers, research analysts, bankers, brokers, traders, financial advisors, RIAs and business executives at banks, brokerage firms, asset management firms, hedge funds, financial advisory firms, private equity and venture capital firms, family offices and public and private companies.