Wells Fargo Strategic Capital led the financial analysis software provider’s latest ound, investing alongside backers including Capital One Ventures.
US-based cash management technology developer Trovata.io has raised $20m in a series A round led by Wells Fargo Strategic Capital, a corporate venturing vehicle for financial services firm Wells Fargo.
Financial services group Capital One also took part, through its Capital One Ventures unit, as did Fintop Capital, JP Morgan and Pivot Investment Partners. Wells Fargo Strategic Capital managing director Basil Darwish assumed a board seat at Trovata in connection with the deal.
Trovata has developed a machine learning-equipped software…
