Wednesday, July 26, 2017

APiO Finds Funding For Fintech

Salt Lake City-based APiO, a developer of fintech products aimed at providing working capital for small- and medium-sized businesses, has raised a round of funding, according to investment banking provider Crewe Capital. Financial details of the investment round were not announced. APiO, led by William Borghetti, says it is using integration with integration with first- and third-party data, AI and machine learning in its product, which is still in stealth mode.