Uptiq.ai Secures $12 Million to Propel AI in Finance
Uptiq.ai has successfully raised $12 million in its latest funding round aimed at enhancing the adoption of its flagship AI platform, Qore, across financial institutions of various scales.
Investment Overview
The funding was spearheaded by Silverton Partners, with notable contributions from Live Oak Venture Partners, Tau Ventures, First Capital, and Green Visor Capital. This influx of capital is a testament to the rising confidence in AI-driven solutions tailored for the intricate landscape of the financial sector.
Uptiq’s Core Offering
Uptiq.ai focuses on providing innovative AI infrastructure that ensures financial service advancements are both compliant and scalable. Its primary product, Uptiq Qore, is designed as an enterprise-grade composable platform that allows banks, credit unions, and wealth management firms to swiftly and securely create and deploy AI-powered financial applications.
Expansion Plans with New Funding
The newly acquired funds will be pivotal in extending the reach of the Qore platform, strengthening its foothold within the financial services ecosystem. This expansion strategy includes broadening its distribution network, enhancing integration partnerships, and boosting marketing efforts to facilitate widespread adoption. Additionally, Uptiq aims to expand its global engineering, research, and customer success teams to realize its vision of making Qore the standard AI layer in the financial industry worldwide.
Leadership Insights
Snehal Fulzele, the CEO of Uptiq.ai, emphasized the urgency of AI integration in the financial industry, stating, “Every financial institution wants to move faster with AI, but legacy systems and regulatory constraints are holding them back. Our mission is to make AI innovation composable, compliant, and massively scalable, empowering every bank, wealth management firm, and fintech to create production-grade AI solutions without overhauling their technology stack.”
Support from Venture Partners
Morgan Flager, a Partner at Silverton Partners, highlighted Uptiq’s commitment to responsible AI adoption: “Uptiq enables financial institutions and FinTechs to implement AI rapidly and responsibly. We are thrilled to support a team well-versed in both the technological and regulatory complexities of the industry.”
Transforming Financial Systems
Venu Shamapant, Partner at Live Oak Venture Partners, remarked, “Uptiq.ai is establishing the foundational layer for the next generation of AI-native financial systems. The Qore platform has the potential to revolutionize how financial products and workflows are developed—focusing on speed, accuracy, and compliance.”
Other Noteworthy Developments in Finance
In related financial news, FundPark, a Hong Kong-based technology firm, has also made headlines by raising $71 million in new funding to expedite its growth and enhance its ‘Scale-Up as a Service’ model, further emphasizing the upward trajectory of AI in financial services.
Copyright © 2025 FinTech Global