Global AI Provider secures $230 Million Investment from Global Private Equity Partners

Global AI Provider has raised USD230 Million from Global Private Equity Partners, Global Private Equity Firm.

Global AI Provider offers a proprietary AI software to leading banks, financial institutions, and Government agencies around the world. Its software is used in more than 200 million transactions daily. The AI Provider analyses customer data and behavior in real-time, with the data staying safely inside the ecosystem so that confidentiality is guaranteed.

Institutions increasingly recognize the importance of value-driven and proactive digital engagement with their customers and must offer exceptional customer service to retain customer loyalty, whilst exploring ways to monetize these relationships. Operating in a global market worth circa USD15 billion, AI business solutions have become the global market standard and are successfully delivering the vision of ‘self-driving finance’.

The benefits of providing data-driven, hyper-personalized, engagement to every customer interaction is immediate and substantial. Customers using AI software are seeing an up to 30 per cent increase in digital customer engagement, a 25 per cent increase in an account and balance growth and a 15 per cent increase in the adoption of personalized product recommendations and advice.

CEO of Global AI Provider said, “it was extremely pleasing to work with Global Private Equity Partners, they have in-house experts that understand our business and Global Private Equity Partners was effective and prompt in their work; quite impressive.

Source: Reuters