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How AI could power the next generation of fintech unicorns


AI — as software did before it — is eating the world, and pretty much every industry is trying to work out how to get the most out of the technology. Fintech, which has created some of Europe’s most valuable tech companies to date, is particularly keen to cash in.

Swedish BNPL scaleup Klarna is AI cheerleader in chief, recently announcing that it’s made big cost reductions in both customer service and marketing, thanks to the technology.

But use cases like these, which could be implemented in a large number of industries, are just the tip of the iceberg.

Fintechs are also using AI for specialised applications — to try and make our money more secure, and the way we manage it more efficient — as companies around the world battle to stay ahead of the pack.

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