Micronotes, a Boston, MA-based financial technology company that leverages big data, artificial intelligence, and consumer engagement technologies, raised a $2m extension to its Series C funding.
The round was led by BankTech Ventures (BTV).
BTV’s $2m investment is an extension to the $5.5m investment led by Experian Ventures with participation from existing Micronotes investors, including TTV Capital, who led the Series B round.
The company intends to use the funds to accelerate its growth in the community banking sector and help more communities get a lot more out of their banking relationships.
Founded by tech entrepreneurs from MIT, Micronotes.ai delivers cloud-based big data, analytics, and digital engagement solutions to financial institutions that want to start conversations, develop relationships, and build trust with new and existing customers and members.
FinSMEs
17/08/2023