Swiss AI Fintech Unique, who just announced a new deal with Pictet, announce also a new funding round, as they raised an additional USD $6.4 million (CHF 5.6 million) to further develop a tailored Microsoft Azure-based Co-Pilot platform for the financial industry.
The aim is to supercharge client-facing teams and allow them to automate administrative tasks with the power of Generative AI. The total investment now stands at USD 24 million (CHF 21 million) and reflects investors’ confidence in generative AI and its potential impact on the financial industry.
Unique managed to secure new funding in the financing round led by Vi Partners that also included such investors as Daniel Gutenberg, Boris Collardi, and Young Sohn, who emphasizes his confidence in Unique:
“Unique has the potential to become a global vertical AI leader with its tailored solution for the financial industry. I’m committed to helping Unique’s founders with their expansion plans and ambitions as an advisor,”
said Young Sohn, Founding Managing Partner Walden Catalyst Ventures and former Corporate President of Samsung Electronics.
Manuel Grenacher, the CEO and Co-founder of Unique, said:
“We are excited to develop the Unique FinanceGPT solution together with leading financial institutions. I’m particularly proud to count top names such as LGT Private Banking, Pictet Group, Partners Group, PostFinance, Die Mobiliar and Key Group, to name a few, among over 40 clients. Their trust underscores our firm commitment to aligning with the evolving needs of financial institutions, where GenAI is becoming increasingly indispensable.”
Unique’s expertise and years of experience with GenAI position them to facilitate the seamless integration of innovative technology within the banking sector and make a tangible impact on the industry.
Featured image credit: Manuel Grenacher, the CEO and Co-founder of Unique
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