Top 10 Gen AI platforms

Top 10 Gen AI Platforms
Discover the leading generative AI platforms reshaping the fintech industry

The AI market is booming, with an estimated value of approximately US$184bn this year, projected to surpass US$1.8tn by 2030. Rapid advancements in machine learning, natural language processing and data analytics have made generative AI (Gen AI) highly relevant, particularly in the Fintech sector and as an emerging area of crucial investment.

10. Zest AI

  • Revenue: US$20.4m
  • CEO: Mike de Vere
  • Founded: 2009

Zest AI provides advanced AI-driven credit underwriting software that enhances lending decisions for banks and credit unions. By using machine learning, Zest AI helps lenders increase approval rates, manage risks and ensure fair lending practices. Its platform offers comprehensive tools for model management, compliance and performance monitoring, enabling lenders to make more accurate credit decisions and expand credit access.. Zest AI's solutions improve efficiency and inclusivity in lending.

 

Zest AI

9. Numerai

  • Valuation: US$10.4m
  • Employees: 48
  • CEO: Richard Craib 
  • Founded: 2015

Numerai is a hedge fund that crowdsources stock market predictions by running data science tournaments. Data scientists use clean, obfuscated data to build machine learning models, which are then combined into a metamodel to predict the stock market. Participants can stake their models with Numerai's cryptocurrency, NMR, to earn rewards. This innovative approach integrates thousands of models, enhancing prediction accuracy and creating a decentralised, collective intelligence to manage investments.

Numerai

8. Cleo

  • Revenue: US$72.3m
  • Employees: 400
  • CEO: Barney Hussey-Yeo
  • Founded: 2017

Cleo is a London-based AI-powered financial assistant app designed to help users manage their money more effectively. Using natural language processing, Cleo offers insights into spending habits, budgeting advice and financial tips through a conversational interface. It connects to users' bank accounts to provide real-time updates and personalised recommendations. With a user-friendly approach, Cleo aims to make financial management accessible and engaging, particularly for younger audiences looking to improve their financial literacy and control expenses.

 

Cleo

7. LeewayHertz

  • Revenue: US$52.5m
  • Employees: 250
  • CEO: Akash Takyar
  • Founded: 2007

LeewayHertz is a software development company specialising in building custom digital solutions using advanced technologies such as blockchain, AI, IoT and cloud computing. They cater to various industries including finance, healthcare and supply chain, providing end-to-end services from concept to deployment. Its expertise lies in creating scalable and secure applications tailored to meet the unique needs of their clients, fostering innovation and digital transformation.

 

LeewayHertz

6. Kabbage

  • Revenue: US$200m
  • Employees: 500
  • CEO: Rob Frohwein
  • Founded: 2008

Kabbage, a fintech firm, leverages AI to provide small businesses with quick, automated access to funding. Its platform uses data-driven insights to evaluate creditworthiness and streamline loan approvals. By integrating AI, Kabbage offers a more efficient and user-friendly financial solution, allowing entrepreneurs to focus on growth rather than lengthy loan processes. This innovative approach exemplifies the potential of AI in revolutionising the financial services sector, making capital more accessible and enhancing operational efficiency for small businesses.

 

Kabbage

5. Gupshup

  • Valuation: US$288m
  • Employees: 1,024
  • CEO: Beerud Sheth
  • Founded: 2004

Gupshup is a Conversational Engagement Platform that empowers businesses to interact effectively with customers across various channels. It integrates conversational AI, CRM, CTX and CX tools to enhance customer acquisition, engagement, conversion and support. Serving over 45,000 brands in over 60 countries, Gupshup handles more than 10 billion messages monthly, making it a leading solution for managing customer communications and improving customer experience across marketing, commerce and support use cases.

 

Gupshup

4. eNova (iQVIA)

  • Revenue: US$2.1bn (iQVIA)
  • Employees: 1,675
  • CEO: David Fisher
  • Founded: 1982

eNOVA's platform unifies customer engagement across marketing, sales, market access and communications in the medical industry. This cloud-based solution connects key stakeholders, including thought leaders, academic institutions, HCPs, patients and caregivers. By integrating engagement efforts, it enhances communication and collaboration, breaking down traditional data silos in healthcare engagement. The platform supports comprehensive content delivery and optimises stakeholder interaction for a more connected and effective ecosystem.

 

eNOVA

3. Upstart

  • Revenue: US$514m
  • Employees: 1,875
  • CEO: Dave Girouard
  • Founded: 2012

Upstart offers an AI-driven lending platform that enhances credit decisioning for banks and credit unions. By leveraging machine learning, Upstart enables lenders to approve more borrowers within their risk tolerance, leading to fewer defaults and higher loan approval rates. The platform supports personal and auto lending, providing a modern, all-digital experience for users. Upstart's technology also helps diversify lending portfolios and improve operational efficiency.

Upstart

2. Darktrace

  • Revenue: US$545.4m
  • Employees: 2,300
  • CEO: Poppy Gustafsson
  • Founded: 2013

Darktrace is a leading cybersecurity company leveraging self-learning AI to detect and respond to cyber threats in real-time. Its technology is modelled on the human immune system, continuously learning and adapting to new threats. Darktrace provides comprehensive security solutions across email, cloud, network and endpoint environments. Trusted by over 9,000 customers in 110 countries, the company's AI platform ensures proactive threat mitigation and dynamic protection for businesses of all sizes. Darktrace's innovative approach enables it to stay ahead of evolving cyber threats, securing critical data and infrastructure.

 

Darktrace

1. DataRobot

  • Revenue: US$750m
  • Employees: 1,000
  • CEO: Debanjan Saha
  • Founded: 2012

DataRobot is a leading AI platform that enables businesses to rapidly build, deploy and scale machine learning models. It integrates generative and predictive AI to provide comprehensive solutions for various industries, enhancing decision-making and operational efficiency. The platform offers advanced tools for enterprise monitoring, governance and AI lifecycle management, fostering innovation and agility. DataRobot's robust ecosystem supports seamless integration with existing data and applications, driving substantial ROI and lowering costs for its clients.

 

DataRobot

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