More Funds for Micronotes to Support Customer Dialogue

FinTech company Micronotes has raised a $2m extension to its $5.5m Series C round of funding, and will expand its big data, analytics and digital engagement solutions for financial firms wanting to start conversations with new and existing customers.

Boston, US-based Micronotes has developed automated, cloud-based solutions which apply machine learning to customer data to improve engagement and sell more financial services, through both digital and other channels.

The $2m extension was led by BankTech Ventures (BTV), adding to the initial $5.5m investment led by Experian Ventures, with participation from existing Micronotes investors, including TTV Capital which led the Series B round.

Devon Kinkead (pictured), founder and CEO of Micronotes, comments: 'We're thrilled to partner with BankTech Ventures. This strategic investment will help us accelerate our growth in the community banking sector and help more communities get a lot more out of their banking relationships'.

Web site: www.micronotes.ai .