According to Foresight News, European financial application Finary has successfully raised €25 million (approximately $29.45 million) in a Series B funding round. The investment was led by PayPal Ventures, with participation from LocalGlobe, Hedosophia, Shapers, Y Combinator, and Speedinvest.
Finary aims to develop a fully automated and personalized financial management platform utilizing artificial intelligence (AI). The platform is designed to support users in investing in over 30 cryptocurrencies, including Bitcoin and Ethereum.