AI Fintech company Moment completes $78 million funding round, led by Index Ventures

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Odaily Planet Daily News: AI financial technology company Moment, founded by former Citadel Securities quantitative traders and researchers, announced the completion of $78 million in funding, led by Index Ventures, with existing investors a16z and Avra participating. Moment has partnered with institutions such as Edward Jones, LPL Financial Holdings, and Hightower Advisors, mainly providing AI automation infrastructure for fixed income and stock trading. The new funds will be used to accelerate the implementation of AI in Wall Street trading systems and product expansion. (Bloomberg)
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