Impactsure Technologies (Impactsure), a digitization and analytics company driven by computing (AI) and Machine Learning (ML) that simplifies complex operations in corporate banking and trade finance, has raised USD one thousand as seed financing to fuel its growth activities. Individuals who have invested in their capacity are eligible to participate during this round. The valuation and stake dilution from this round weren’t disclosed by the firm.
For banks and other financial institutions, Impactsure develops user-centered AI technologies that support extensive digital transformation. They concentrate on the fields of consulting, and workflow automation using Artificial intelligence, computing, machine learning, and analytics.
Impactsure offers trade finance solutions that provide banks, financial institutions, and corporations with advanced intelligent data analytics and document processing that use engineering science (AI) and machine learning (ML) to boost business outcomes and customer experience, increase operational efficiency, and reduce compliance risks. The addressable trade finance solutions marketplace for addressable trade finance solutions is predicted to realize $3 billion, with global trade valued at $24 trillion by 2026.
Mr. Dharmarajan Sankara Subrahmanian, Founder Director & CEO, of Impactsure, commented on the funding, saying, “The amount raised during this round are visiting be utilized for key talent acquisition and resource retention, customer acquisition, geographical expansion, branding, marketing, and business development; and towards IP, digital product assets & technology tools, infrastructure.” rematch, our flagship automation product, is anticipated to grow by double digits within the BFSI space. this extra funding will allow us to capitalize on upcoming opportunities.”
Impactsure has extended its senior management team to support its development by hiring BFSI technology leader Ramasubramanian S (Sriram) as President, Banking Operations, and human resources professional Vinu Pillai as Head HR.
To extend its reach and influence, Impactsure has formed strategic alliances and collaborations with well-known IT companies like Google, Deloitte, Microsoft, and Amazon. within the celebrated Annual IBSi Annual Sales League Table 2022, the firm was recently recognized because of the Star Performance (new entrant) of the Transaction Banking (Trade Finance) category. At the IBS Intelligence Global FinTech Innovation Awards 2021, Impactsure also received the foremost effective Trade Finance Implementation Award for the best Adoption of Tools & Governance.
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