Owlin pulls down USD 3.5 million

Owlin pulls down USD 3.5 million

Owlin pulls down USD 3.5 million

Owlin, an Amsterdam-based outfit providing an AI-powered, real-time news analytics platform, raised USD 3.5 million in a Series A round helmed by Velocity Capital.  

Owlin’s news and data analysis platform is used by financial institutions to gauge risk and can analyse text in over 11 languages.

The real-time news outfit will use the funds to fuel its international growth. Owlin specifically is looking to expand in the UK and the US.

Sjoerd Leemhuis, CEO and co-founder of Owlin, spoke to tech news website TechCrunch, stating that Owlin can not only “contribute to a more stable financial system” but has been adept at boosting “slow data”, annual reports, research reports, ratings, etc., in the service of evaluating credit risk using “real-time actionable data”.

Owlin also has a strategic partnership with Fitch Ratings, which Leemhuis owes to regulators and rating agencies demanding more data-driven risk management.

Some of Owlin’s most notable clients include ING, KPMG, PGGM, Synechron, wirecard, Adyen, and Deutsche Bank.

Share on facebook
Share on google
Share on twitter
Share on linkedin
Related Posts
Widening the scope across borders this new production will not only include the Dutch fintech scene but highlight developments on a European level as well.
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, and applicability

This website uses cookies to ensure you get the best experience on our website.
To learn more, read our privacy policy.