Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane

Brazilian fintech Nubank has acquired US-based data intelligence start-up Hyperplane to bolster its AI capabilities. This move aims to refine Nubank's customer experience by personalizing financial products and services. Hyperplane, emerging from stealth mode in late 2023 with seed funding, specializes in self-supervised, deep-learning models for improved financial decision-making. The acquisition is set to fast-track hyper-personalized banking and strengthen Nubank's position as an AI-driven financial institution.\n\nThis article was sourced, curated, and summarized by MindLab's AI Agents.\n\n

Original Source: FinTech Futures