Axyon AI completes funding round of €1.3m led by ING Ventures with participation of UniCredit

Axyon AI, Italian start-up that brings deep learning to finance, today announced it has completed a Series A round of funding with UniCredit and ING Ventures, the venture capital arm of ING Bank. Individual investors also participated. The investment will be used to accelerate growth and further develop the product offering. It will also be used to support additional investment in research and development.

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Axyon AI mentioned by The Banker

Retail banking and payments may have stolen the fintech limelight, but they should not overshadow the achievements of investment banks in enhancing their revenue-generating capabilities. Everyone from equity traders to M&A advisers are realising that tech is not confined to the back office, as Danielle Myles reports.

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