Automation wins big in recent fintech funding rounds

This week, Bank Automation News saw a flurry of funding rounds for automation-related fintechs, including a $220 million Series F round for the intelligent automation company WorkFusion. The New York-based WorkFusion uses artificial intelligence (AI) and robots to automate document-heavy processes in highly regulated industries. The company plans to use the funds to explore further into cloud-based automation, AI and no-code solutions, CEO Alex Lyashok told BAN.