Axyon AI, an Italian AI company specializing in asset management, has raised €3.9m in a funding round led by US-based venture capital firm Montage Ventures. The funding will be used to accelerate the company’s commercial and technological growth, allowing for further advancements in its AI-powered solutions for asset managers. Axyon AI uses AI-powered insights and active indices to help asset managers make more informed decisions and navigate complex market dynamics. The company’s CEO expressed enthusiasm about the funding round, noting that it will support the company’s vision of providing accurate and reliable AI solutions for investment management. The managing director of Montage Ventures highlighted the transformative potential of AI in asset allocation and commended Axyon AI’s role in this transition.
Axyon AI soars high, propelling asset management with €3.9m boost.
by 
PriyaPatel
PriyaPatel Latest from Blog
Law must adapt to fintech and digitisation trends for progress
TLDR The rapid digitalisation of finance highlights the need for a cohesive regulatory framework that adapts to technological changes. Experts at an
US goes after Russian fintech for Ukraine sanctions.
TLDR: US Treasury imposes sanctions on Russian fintech operators for aiding in sanctions evasion. Thirteen entities and two individuals were designated for
Fintech’s magic: Click a button, watch wealth grow invisibly
TLDR: Key Points: Fintech is revolutionizing the finance industry by offering access and control over financial transactions. The ease of digital transactions
Latin America’s Banking as a Service Market reaches $2B by 2024.
TLDR: Latin America’s Banking as a Service market is projected to reach $2 billion in 2024. The growth is driven by the
British Business Bank launches £660m Northern Powerhouse Investment Fund II.
TLDR: British Business Bank has launched the second edition of the Northern Powerhouse Investment Fund (NPIF II) with a total of £660