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AI-based fintech solution provider Cleareye.ai acquires AIWare.ai

AI-based fintech solution provider Cleareye.ai acquires AIWare.ai

Cleareye.ai

Cleareye.ai, a Los Angeles based AI-based fintech solutions provider, has now acquired AIWare.ai, as a part of its global expansion plans. The financial terms of the transaction were not disclosed as of now.

Cleareye.ai is founded in 2019. It provides AI-enabled services such as insight generation from data, consumer experience sensing, bionic processes for applications in the BFSI sector. Cleareye.ai offers products in regulatory, growth, and cost technologies.

AIWare.ai provides enterprise based quantum computing, distributed trust with Artificial Intelligence and blockchain solutions.

Executive Opinion

Murali Gopalan, Chief Executive Officer Cleareye.ai, said, "The Cleareye.ai platform is designed to help banks launch products and solutions faster to market while creating a phenomenal customer experience and increasing the top line and bottom-line revenue. Our platform leverages advanced Artificial Intelligence techniques and helps banks achieve this with minimal changes to their core infrastructure".

Sarath Sasikumar, Co-Founder and Chief Program Officer at Cleareye.ai, said, "We marry customer experience and risk management for banks to simplify their operations and increase the top line and bottom-line growth through our outcomes-driven platform, which can be readily integrated with the banks' existing systems at little incremental cost and minimal disruption to existing technology footprint.”

Cleareye.AI's acquisition of AIWare.ai

The acquired entity has been renamed by the name of Cleareye.ai India and will serve as the dedicated product development and research wing of the Cleareye.ai, notes the announcement.

As a part of a follow-up acquisition, India based office is now going to increase its strength size by 100 people in the latest technologies like AI, Data Science, ML, and Analytics.

PC: Pablo, Unsplash

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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