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PYMNTS· PYMNTS·· 3 hours agoAI score38

Kapital plans to acquire Woz for $30 million, strengthening its financial platform

Kapital Looks to Enhance Finance Platform With $30 Million Woz Deal

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Mexican B2B financial platform Kapital will acquire artificial intelligence startup Woz for $30 million, bringing in its advanced coding agents for complex business scenarios. Woz's co-founders will respectively become Kapital's head of AI and CTO, and its development team will also join. Kapital said the deal will expand its OctavIA AI suite; the platform serves more than 350,000 customers across the U.S., Mexico, Colombia, and Spain.

Source:PYMNTS · pymnts.com