AI financial technology company Kapital has completed a $125 million financing round, led by Tru Arrow Partners and others

According to PR Newswire, AI fintech company Kapital has completed a new round of equity and debt financing totaling $125 million, led jointly by Tru Arrow Partners and Fasanara Capital, with participation from Cervin Ventures, Niya Partners, and Overlook Capital.

Kapital utilizes artificial intelligence technology to help individuals and businesses efficiently manage operations, credit, and cash flow, while also promoting savings and investments through its brokerage and fund management services. The new funds will be used for the in-depth development of its AI platform and data analytics suite, and to accelerate expansion in the U.S. and European markets.