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

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.”

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