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OpenAI-backed fintech raises $1.6m to tackle regulation

A London fintech backed by employees of OpenAI and some of the world’s biggest banks has raised $1.6m (£1.2m) to help financial firms navigate mounting regulatory requirements using artificial intelligence. Relace, founded by a former lawyer and an AI engineer, has secured the pre-seed funding in a round led by Boost Capital, with backing from [...]

OpenAI-backed fintech raises $1.6m to tackle regulation

We haven't written up this one. City AM has the full story — the link below goes straight to it.

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