NEW YORK, NEW YORK, UNITED STATES, July 12, 2022 -- FinTech Studios™, the leading AI-based market intelligence and risk intelligence platform for financial institutions and corporations, today announced it closed a $5 million financing round with RevTek Capital, a leading specialty finance company.
FinTech Studios was founded in 2014 by Jim Tousignant, the Company's CEO, who previously was co-founder and President of Multex, a leading online research and financial information platform that went public in 1999, achieved a market cap of $1.5 billion and was acquired by Reuters.
FinTech Studios' AI-based cloud platform intelligently discovers and analyzes global market events, news, research, regulatory laws and rules, and market intelligence in real-time from millions of global online sources in 49 languages.
"This financing allows us to extend our leading AI-based intelligence platform, accelerate our revenues and expand our sales, product and engineering teams" said Jim Tousignant, founder and CEO of FinTech Studios.
"We are excited to be partnering with FinTech Studios and providing a $5 million credit facility for the company to grow and expand it's world-class AI-based technology platform, products and services", said Scott Peters, CEO of RevTek Capital.