No-code AI platform Signzy, which makes it possible for financial service companies to automate risk and compliance processes, raised $3M from Vertex Ventures. Altogether, the platform has raised $8.4M in total. With the money, the no-code platform aims to improve its AI platform and expand its global sales team.
- Last month, the five-year-old Signzy raised $5.4M in a round led by Arkam Ventures and Mastercard.
- The news comes three weeks after Signzy today hired Arun Rajkumar as its new Vice President of Technology, where he is leading new tech research and development (R&D) efforts that will focus on AI and Computer Vision (CV) tech.
- At current, the Bangalore-based Signzy works with the four largest banks in India as well as 136 other banking and financial services worldwide.
- Check out this list of useful top no-code machine learning platforms.
A version of this story first appeared in Inside NoCode, our newsletter focused on no-code tools and non-traditional computer programming.