Fintech Firm Powder Closes $5 Million in Seed Funding to Scale Generative AI Technology
Powder, a fintech company, has closed a $5 million seed round to scale its generative AI technology, attracting support from 40 Silicon Valley insiders. The AI agents will save wealth management firms time and money by automating tasks and providing enriched, ready-to-use extracts.
This news matters because Powder's AI technology will revolutionize wealth management, saving firms time and money, and allowing them to focus on client service and growth. It also ensures data security, making it a game-changer for the industry.
