October 29, 2017 | The Israeli fintech company BondIT has raised $14.25 million through the Chinese investment firm Fosun, the company’s first in an Israeli financial company. BondIT, founded in 2012 and based in Herzliya, develops comprehensive analytics solutions for the fixed income market using data science and AI’s machine learning. Founder and CEO Etai Ravid said following the announcement last week that “the long-term vision of BondIT is to bring significant efficiency to the global bond markets through the application of artificial intelligence and data science.” Fosun will have representation on BondIT’s board.
Related posts
Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024
TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024
Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024
BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments