Austria
Finmatics, founded in 2017 and headquartered in Austria, is leveraging artificial intelligence to revolutionize the financial services landscape. Operating at the intersection of AI, Financial Services, Information Technology, and Machine Learning, the company embodies its slogan: "FIN - Your AI-Accountant." Finmatics offers a comprehensive platform designed for automated accounting, enabling businesses to streamline their digital accounting processes through intelligent document processing and automation.
Their flagship product, driven by AI named Fin, excels in document separation, data extraction, and providing posting suggestions, all packaged in a solution that is both scalable and easy to use.
In their latest funding round on 15 March 2023, Finmatics secured a €6.00M Series A investment, led by Mangrove Capital Partners and eQventure. This capital injection highlights the confidence investors have in Finmatics’ potential to further penetrate the market and expand its influence in digital financial services.
