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Silot raises $8m to help banks make AI-assisted decisions


Leading Silot’s series A round is SBI Investment, the investment arm of Japanese financial services company SBI Holdings with a market cap of US$5 billion. Joining the round is Krungsri’s corporate venture capital arm Finnovate, Japanese general trading conglomerate Sumitomo Corporation, and venture capital firm Arbor Ventures, which had also invested in other Southeast Asian startups like Akulaku, 2C2P, and Beam. Arbor had invested in Silot’s pre-series A round last year.


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