Owlin, a startup we covered all the way back in late 2012, has raised $3.5 million in Series A funding. The fundraise follows the fintech company’s pivot from a real-time news alert service to a more comprehensive “AI-based” text and news analytics platform to help financial institutions assess risk.
The new round is led by fintech investor Velocity Capital. The investment will enable Amsterdam-based Owlin to accelerate its growth internationally, especially in the U.K. and the U.S. The company’s international clients include Fitch Ratings, Adyen, Deutsche Bank, ING, and KPMG.