News Post

How OnFinance Is Changing The Way Banking & Financial Institutions Function

Inc42

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Bengaluru-based start-up OnFinance, founded in 2022 by Anuj Srivastava, aims to revolutionize the financial industry's workflow efficiency through the use of AI. It offers tailored AI copilots to financial institutions using its in-house large language model (LLM), NeoGPT, to automate tasks such as research, analysis, relationship management, and sales. The company has worked with major banks and insurance firms in the US and plans to introduce new copilots for equity research and credit analysis. OnFinance secured $1.1 million in seed funding in 2023 and is seeking $5-$8 million in pre-Series A funding by the end of 2024.

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