AI startup that upends junior bankers’ work sets up in Singapore
The platform takes on much of the grunt work done by junior bankers such as automating spreadsheets.
An AI startup, Rogo Technologies, is expanding its presence in Asia by setting up a hub in Singapore, according to John Willett, the co-founder and chief operating officer. The platform has gained popularity for automating tasks typically performed by junior bankers, such as spreadsheet management and slide creation. Rogo currently employs between 150 and 200 people in the region and aims to reach a workforce of 150-200 by the end of 2027.
The firm has secured a valuation of US$2 billion in a fundraising round led by Kleiner Perkins, and serves over 350 clients globally, with more than 50,000 bankers and investors using its platform. Notable clients include Nomura Holdings, Daiwa Securities Group, and Singapore's sovereign wealth fund GIC. Rogo, founded in 2019 by Willett and Gabriel Stengel, who were previously bankers, is now planning to become a comprehensive operating system for banks, offering AI-driven solutions for governance, compliance, token optimization, and visibility into AI usage across various banking functions.
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