Europe certainly has a lot of startups, so we decided we would check out what is happening in the AI FinTech space to see what the region holds for the future of financial technology.
With Brexit looming the UK is of course still in Europe but it will be interesting to see what will happen once the UK leaves the EU and pushes their pitched digital and technological revolution that has been promised.
The Top AI FinTech Startups in Europe
The Cutting Edge Of Fintech AI Trading Software
8topuz (pronounced Octopuz) provides a supervised, multi-layered, AI Trading Software system that learns and adapts according to its environment.
The company develops AI credit scoring solution through machine learning algorithms.
Location: Minsk, Belarus
A4E is building an AI as-a-service platform to help businesses better utilize existing data by adding process automation in areas like decision making, demand and sales forecasting, risk management, product portfolio mix, market basket and geo-targeting.
Location: Sofia, Bulgaria
Alpha Visum provides AI solutions in the investment analysis field.
Location: Jurmala, Latvia
The company has developed an AI Growth Cloud to generate ROI.
Location: Kraków, Poland
AI FinTech in the EU
The EU is determined to push AI as a new frontier that will offer job cation and additional wealth to the nations involved.
While the block is currently lagging behind the US and China, it still holds significant potential for growth.
With Brexit looming and London already doing very well in the FinTech space, it will be interesting to see what the EU machine does to push this sector considering the current power and weight that the London region has in the AI and FinTech sector ion general.