In brief: China fintech startup bags $30m to boost AI tools for enterprises

China’s ABC Technology has secured a US$30 million series B round of financing from investors including Hong Kong-based Mindworks Venture. The startup serves clients in the asset management industry with a range of “AI plus finance” products.

Source: Press release

The fintech firm has close to 50 corporate clients for its AI-powered cloud service, including Singapore sovereign wealth fund GIC, China’s top insurer Ping An, and the Stock Exchange of Hong Kong.

ABC’s products include financial search service Analyst.ai, class sentiment analysis engine Bond.ai, plus investment and research management platform Modeling.ai.