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Personetics Technologies

Israeli fintech firm From Wikipedia, the free encyclopedia

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Personetics Technologies is a financial technology (fintech) software company headquartered in New York The company's product uses artificial intelligence to analyze bank's customer transaction data in real-time and use this analysis to deliver financial management information.[1][2][3] [4]

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History

Personetics was founded in 2011 by David Sosna and David Govrin.[5] It offers services to big banks aiming to modernize their services, particularly in developing on-demand services.[6] The company's AI-based engagement platform provides data-drive personalization, customer management, and money managements to these global financial institutions that are facing increasing competitions from neobanks, or online-only direct banks.[7][6] It effectively operates through Consumer Data Right (CDR), an element in open banking that empowers consumers to get their banks share their personal data with fintechs.[8]

In 2021, the company secured an $85-million funding, raising its valuation to more than $160 million.[6]

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References

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