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Ramp Hits $16B Valuation with $200M Funding, Aspora's $53M Boost, and AI Innovations in Finance - Finance AI Weekly #20
June 23, 2025 -
Finance AI Weekly
Hi there,
Welcome to this week's edition of Finance AI Weekly.
Aspora has successfully raised $53 million in Series B funding, with support from Sequoia and Greylock, to enhance banking services for non-resident Indians. Meanwhile, Justt has introduced an AI-powered Dispute Optimization tool designed to help merchants manage chargeback disputes more effectively by evaluating each case and suggesting actions based on predicted ROI.
In other news, Ramp has secured $200 million in a Series E funding round, led by Founders Fund, boosting its valuation to $16 billion. Additionally, Sapiens International Corporation has launched its AI-driven CoreSuite to improve operations and customer engagement for life insurers. Blitzy and Galatea Associates have partnered to modernize financial systems, and Chantico Technology and Copia Wealth Studios have teamed up to enhance investment decision-making through portfolio scenario modeling.
Welcome to this week's edition of Finance AI Weekly.
Aspora has successfully raised $53 million in Series B funding, with support from Sequoia and Greylock, to enhance banking services for non-resident Indians. Meanwhile, Justt has introduced an AI-powered Dispute Optimization tool designed to help merchants manage chargeback disputes more effectively by evaluating each case and suggesting actions based on predicted ROI.
In other news, Ramp has secured $200 million in a Series E funding round, led by Founders Fund, boosting its valuation to $16 billion. Additionally, Sapiens International Corporation has launched its AI-driven CoreSuite to improve operations and customer engagement for life insurers. Blitzy and Galatea Associates have partnered to modernize financial systems, and Chantico Technology and Copia Wealth Studios have teamed up to enhance investment decision-making through portfolio scenario modeling.
Aspora Raises $53 Million to Enhance Banking for Global Indians
Fintech company Aspora has secured $53 million in Series B funding to improve banking solutions for non-resident Indians, with backing from Sequoia and Greylock. Read more
Justt Introduces AI-Powered Dispute Optimization for Merchants
Justt has launched a new AI-driven Dispute Optimization feature to assist merchants in managing chargeback disputes. The tool evaluates each case to suggest actions based on predicted ROI, aiming to enhance recovery and reduce costs. Read more
Ramp Raises $200 Million in Series E Funding
On June 17, 2025, Ramp announced a $200 million Series E funding round led by Founders Fund, elevating its valuation to $16 billion. The company provides AI-powered financial solutions. Read more
Sapiens International Launches AI Upgrades for Insurers
Sapiens International Corporation has released its CoreSuite, an AI-driven policy administration system aimed at enhancing life insurers' operations and customer engagement. Read more
Blitzy and Galatea Associates Partner for AI in Finance
Blitzy has partnered with Galatea Associates to integrate AI-native software development with financial services expertise. The collaboration seeks to modernize legacy systems and improve efficiency in financial institutions. Read more
Chantico and Copia Partner for Portfolio Scenario Modeling
On June 16, 2025, Chantico Technology and Copia Wealth Studios announced a partnership to integrate scenario modeling with wealth management, aiming to improve portfolio stress-testing and predictive insights. Read more
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