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Qraft Technologies raises $146m in new funding

Seoul based enabled fintech company raised $146m in new funding led by SoftBank. 

“Asset management has probably been the slowest adopter to AI, outside of trading,” Mr. Nestor said. “Many firms are now going through the process of saying ‘we need to be thinking about it.’ Most midsized and smaller firms don’t have the capabilities. That’s an opportunity for us.”

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investing, stocks