Kasisto Raises $15.5 Million in Series C Extension  

by Kay Aloha Villamor in August 23rd, 2022

Kasisto, a New York-based company that created KAI, the leading digital experience platform for the financial services industry, announced a $15.5 million Series C extension.

Fidelity Information Services, LLC (NYSE: FIS) and Westpac Banking Corporation (OTCMKTS: WEBNF) led the round, with BankSouth also participating. The total Series C funding now stands at $31 million.

This investment will help Kasisto expand its global AI innovation partnerships and accelerate its growth in the US community banking market.

Company: Kasisto, Inc. 

Raised: $15.5M

Round: Series C

Funding Month: Aug 2022

Lead Investors: Fidelity Information Services, LLC and Westpac Banking Corporation

Additional Investors: BankSouth

Company Website: https://kasisto.com/

Software Category: Digital Experience platform

About the Company: Kasisto was founded in 2013 with the vision of enabling companies to engage and transact with their customers through intelligent conversations, anytime, anywhere. KAI is the leading digital experience platform for the financial services industry. Kasisto’s customers include J.P. Morgan, Westpac, Standard Chartered, TD, and Manulife Bank, and credit unions such as Fairwinds and Excite – and many more. These financial institutions chose KAI for its proven track record in driving business growth and improving customer experiences. The platform engages with millions of consumers around the world, all the time, across multiple channels, in different languages, and is optimized for performance, scalability, security, and compliance. KAI is built with the deepest conversational AI portfolio in the financial industry and is tightly integrated into the fintech ecosystem through partnerships with proven technology providers such as FIS, NCR, Q2, and others. Kasisto is headquartered in New York City, with offices in Silicon Valley and Singapore. Kasisto Singapore Pte Ltd is a wholly owned subsidiary of Kasisto. 

Source: https://kasisto.com/press-releases/kasisto-raises-additional-15-5-million-from-fis-and-westpac-in-oversubscribed-series-c-round/

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