/cryptocurrency

News and resources on digital currencies, crypto assets and crypto exchanges worldwide.

Bitpanda to invest $10 million in AI

Austrian cryptocurrency outfit Bitpanda is to invest $10 million to create a dedicated AI division.

  0 Be the first to comment

Bitpanda to invest $10 million in AI

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Bitpanda says the new unit will deliver a suite of AI-driven products and investing features, including personalised investment ideas, automated portfolio strategies, and real-time market analysis.

The first product out of the stable is a conversational wealth coach empowered to guide personalised investment strategies for users.

Eric Demuth, co-CEO and founder of Bitpanda comments: “Historically, investing was only for wealthy people, but fintechs like Bitpanda made it accessible to everyone thanks to blockchain technology. AI is the next technology that will reshape personal finance. Today, personal wealth managers are only for the rich, but we will change that by making them accessible to everyone. AI driven, fully personalised, and accessible 24/7 from the phones in their pockets.”

Sponsored [Impact Study] 2024 Fraud Trends in Banking, Insurance, and Beyond

Comments: (0)

[Impact Study] 2024 Fraud Trends in Banking, Insurance, and BeyondFinextra Promoted[Impact Study] 2024 Fraud Trends in Banking, Insurance, and Beyond