Personetics Technologies Explained
| Personetics Technologies |
| Type: | Private |
| Industry: | FinTech |
| Founded: | 2011 |
| Hq Location City: | New York |
| Area Served: | Worldwide |
| Founders: | David Sosna
David Govrin |
| Website: | personetics.com |
Personetics Technologies is a financial technology (fintech) software company.[1] 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.[2] [3] [4] [5]
History
Personetics was founded in 2011 by David Sosna and David Govrin.[6] It offers services to big banks aiming to modernize their services, particularly in developing on-demand services.[7] 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.[8] 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.[9]
In 2021, the company secured an $85-million funding, raising its valuation to more than $160 million.
Notes and References
- Web site: היי-טק בעיצוב תעשייתי: הצצה למשרדים של חברת Personetics . גיקטיים . . 16 January 2019 . he-IL . 30 May 2016.
- Web site: Cocheo . Steve . Applying human intelligence to AI - . 16 October 2017 . Banking Exchange . 16 January 2019 . en-gb.
- News: Toplin . Jaime . AI and security were among the top trends discussed at Money20/20 . 16 January 2019 . Business Insider.
- News: You Need a Better Bank Right Now . https://web.archive.org/web/20170204020507/http://time.com/money/collection-post/4082359/you-need-a-better-bank-2015/ . dead . February 4, 2017 . 16 January 2019 . Money.
- Web site: Penn . David . Personetics Scores Minority Stake Investment from United Overseas Bank . Finovate . 16 January 2019 . 23 July 2018.
- Web site: Company Overview of Personetics Technologies Ltd. . . 16 January 2019.
- Web site: Israeli fintech Personetics raises $85M for tools to help incumbents personalize banking services to compete with neobanks . 2022-06-09 . TechCrunch . en-US.
- Web site: Knowles . Catherine . January 21, 2022 . Personetics raises $85M, expands operations in Australia . 2022-06-09 . IT Brief Australia . en.
- Web site: 2022-03-08 . How the consumer data right and fintechs can help you reduce your fuel bill . 2022-06-09 . Startup Daily . en-US.
