Cleo Raises $2.6 Million

Fintech startup Cleo announced it has raised $2.6 million in financing. Four investors contributed to the round, among them Local Globe and Entrepreneur First.

Based in London, England, Cleo AI is an intelligent assistant that helps users manage their finances via text message, Facebook Messenger, Amazon Alexa, and Google Assistant. The company was founded in early 2016 at Entrepreneur First, a leading European accelerator for technical talent. Cleo AI now manages more than £120 million for its users.