April 5th, 2024 - 02:12 GMT
Dubai, UAE, 5th of April: Commercial Bank International (CBI), the Dubai-based corporate and retail bank, has announced its investment in zypl.ai, a fintech startup pioneering the application of generative AI in lending. The investment includes a post-seed bridge round investment into zypl.ai, alongside a group of global investors, ahead of the company’s planned Series A raise which is due to take place later in 2024. Having crossed $1 million in annual recurring revenue at more than 20% compounded monthly growth rate since the launch of sales, zypl.ai is already operationally ...