Finesse, a young fintech startup using AI to personalize financial services, has just been acquired by a group of industry investors for about $1.5 million.
The deal, confirmed by founder Rohit Rao, mixes cash and stock, giving early backers more flexibility, and is set to supercharge Finesse’s growth.
With this move, the company expects its managed assets to jump from around $5 million-$6 million to as much as $60 million in just a year.