ABAKA Holdings Ltd.
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ABAKA Holdings Ltd. - overview
Established
2015
Location
London, -, UK
Primary Industry
Software
About
Based in London, UK, and founded in 2015 by CEO Fahd Rachidy and CTO Benoit Launay, ABAKA Holdings Ltd. , a. k. a.
ABAKA, develops an intelligent savings platform, providing financial guidance and workforce engagement to employees. The company's platform also offers conversational AI, intelligent nudges, engagement and analytics, financial engine APIs, and account aggregation. In January 2024, ieDigital acquired ABAKA Holdings Ltd. from Downing, Ace & Company, Exponential Ventures, and Anthemis Group.
ABAKA UAE offers an AI-powered recommendation engine tailored for the financial industry. The platform, Artificial Financial Intelligence™, provides hyper-personalized digital experiences for customers. Key solutions offered by the platform include the next best actions, which assist financial institutions in delivering personalized advice and enhancing customer engagement. ABAKA's platform has been utilized by major companies like HSBC, Prudential Asia, and OTP Bank to improve market entry speed, user engagement, and conversion rates.
Current Investors
ieDigital, Anthemis, Exponential Ventures
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.abaka.me
Verticals
Artificial Intelligence, Artificial Intelligence, Big Data, Cloud Computing, FinTech, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ABAKA Holdings Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ABAKA Holdings Ltd. | - |
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ABAKA Holdings Ltd. - employee data
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