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The New York-based startup uses AI to provide an automated and enhanced banking experience for retail customers.
Kasisto's platform enables customers to use voice commands to conduct complex interactions and transactions via phone and has been used by DBS in its Digibank offering in India.
Financial terms of the DBS investment are undisclosed, though it was described as a ‘strategic investment’ by DBS. To date, Kasisto, set up in 2014, has secured $2.25 million in seed funding from New York Angels, Two Sigma Investments and Wells Fargo Startup Accelerator, among others, according to data from Thomson Reuters.
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