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Enterprise Applications Series A Founded 2016

Talkbank

Talkbank develops a virtual chatbot platform for finance and commerce that operates across messaging platforms including Telegram and Facebook. The platform enables users to receive updates on current currency exchange rates, best rates on deposits and credit, and personal finance consulting. Talkbank's chatbots also facilitate everyday transactions including booking restaurant tables, purchasing movie tickets,…

📍 Moscow, Russia · Customer Service Software,

Funding snapshot

Last roundSeries A
Amount$3M
Date9 June 2021
Total raised$4M
Valuation6,100,000 (Oct 7, 2017)
Team size10

About

Talkbank develops a virtual chatbot platform for finance and commerce that operates across messaging platforms including Telegram and Facebook. The platform enables users to receive updates on current currency exchange rates, best rates on deposits and credit, and personal finance consulting. Talkbank's chatbots also facilitate everyday transactions including booking restaurant tables, purchasing movie tickets, paying utilities, and providing guidance on investment and insurance matters. The platform serves banking and financial services customers through conversational AI interfaces integrated into popular messaging applications, enabling financial institutions to offer banking services, customer support, and sales force automation through chatbot interactions. Talkbank's technology targets the BFSI sector with industry-specific chatbots for banking and financial services, combining customer service software with investment technology and banking tech capabilities. Founded in 2016 and headquartered in Moscow, Russia, the company has raised approximately $4M in Series A funding from investors including MTS, IIDF, weXelerate, LHoFT, JointJourney, and Ergos. Talkbank differentiates itself as the first bank-in-messenger platform serving Russian and European markets, enabling financial transactions and personal finance management through conversational AI across mainstream messaging platforms.

Business model

Sales Force Automation > CRM > Enterprise Suite > BFSI,

Customer Service Software > Industry Specifc > Financial Services > Banking > Chatbots,

Chatbots > Industry Specific > Banking And Financial Services > Banking,

Investment Tech > Wealth Management Platforms > Expense Management > Expenses Aggregation > Account Linked > Chatbots,

Banking Tech > Banking Channels > Conversational

Institutional investors

MTS IIDF weXelerate LHoFT JointJourney Ergos Pavel Goltsblat Yan Krustkaln

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