# ABC Fintech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abc-fintech

- Industry: Software
- Headquarters: Beijing, China
- Website: www.abcfintech.com
- Total disclosed funding: $60M
- Latest round: Series B (Dec 29, 2018)
- Investors on record: 5

## About

ABC Fintech is a data processing technology company that utilizes artificial intelligence to streamline operations within the financial sector, enhancing efficiency for financial institutions and professionals.Founded in 2016 in Beijing, China, ABC Fintech focuses on automating data processing in finance. The company has raised a total of USD 30.00 mn through a Series B funding round as of December 2018, with investments from MindWorks Capital, Qiming Venture Partners, and SIG Asia Investment. CEO Mason Yang leads the company, which has completed 3 deals to date.ABC Fintech specializes in advanced artificial intelligence technologies that enhance data processing in finance. Their offerings include Optical Character Recognition (OCR), Natural Language Processing (NLP), knowledge graphs, and proprietary data visualization engines, aimed at improving investment decision-making and operational efficiency. Their solutions serve a diverse clientele, including investment firms and financial analysts across North America, Europe, and Asia.ABC Fintech operates a B2B revenue model, where financial institutions subscribe to their AI-driven data processing tools. Clients enter partnerships for access to services like data system updates and real-time reporting capabilities, utilizing tiered subscription plans based on their needs. Key offerings such as the Search-based Data Visualization Engine (SDVE) play a crucial role in client engagement and operational success.Looking ahead, ABC Fintech intends to launch new AI-driven products designed to enhance data processing capabilities, with specific release dates yet to be announced. The company is also targeting expansion into new geographical markets, focusing on regions within Europe and Asia by 2025. The recent Series B funding of USD 30.00 mn will be allocated to support these growth initiatives, strengthening their product development and market presence.

## Funding rounds

- Series B, Dec 29, 2018, $30M — Qiming Venture Partners, SIG Asia Investment, MindWorks Capital
- Series A, Aug 31, 2017, $30M — Qiming Venture Partners, SIG Asia Investment, Source Code Capital, Welight Capital

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series B
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A, Series B
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A
- Welight Capital (https://capitalatlas.ai/funds/welight-capital) — Series A
- MindWorks Capital (https://capitalatlas.ai/funds/mindworks-capital) — Series B