Browsing: south africa tech

Fin ChatBot

A South African tech-based company FinChatBot has secured a funding round worth $1.6 million to drive expansion beyond South Africa. The fintech company is a provider of customer service AI bot technology in the financial services industry. Its bespoke technology connects with different operating systems and third-party systems allowing financial services firms smooth interaction with their customers. Their AI-based chat system operates independently of human interaction.

The company’s mission of guiding the customer experience will be supported by three funding partners. The participants in the funding round are: 

  • Compass Venture Capital, an early-stage focused investor that is based in Mauritius. It looks for strong propositions set to disrupt traditional ways.
  • South African, Kalon Venture Capital which focuses on tech-based solution providers mostly in South Africa. It promotes investments in top companies with disruptive technologies 
  • Saviu Ventures an African-focused investment holding company from France which invests in established startups in both