India's Think360 make top AI Fintech Companies List
Think Analytics India Pvt Ltd, also known as Think360 AI, was one of only five Asia-Pacific firms that were named in the 2023 edition of AIFINTECH100 list of 100 of the world's most innovative AI solution providers for the financial services industry. In its third year, the list is compiled by a panel of industry experts and analysts and is published by FinTech Global, an online platform providing information and media services focusing on the fintech industry.
With the rising use of AI (artificial intelligence) in various sectors and especially in financial services, FinTech Global believes that «these companies are ones that every financial institution needs to know about as they consider and develop their digital transformation strategies and new customer propositions.» FinTech Global is the world's leading provider of fintech information services, B2B media products and industry events, and serves a network of over 300,000 fintech professionals to provide them with essential business information and help them connect with potential investors, clients and partners. Despite falling in Q1 this year compared with the period from 2021 up till Q1-2022, fintech VC funding is still higher than before Covid.
This is mainly due to the softer tech funding climate in the last 6-9 months brought upon by higher interest rates and a slowing global economy. According to data from Dealroom, fintech is still the second-best VC investment category in Q1-2023.
It comes in ahead of such sectors as health, energy, transport and security and only behind enterprise software due to the money being poured into OpenAI and the rest of generative AI. Fintech captured 14 billion USD in funding or 21 per cent of total global VC funding, not far
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