Wave is a cloud based integrated suite of small business tools inclusive of accounting, payments, invoicing, and payroll. It has a customer base of approximately 2.5 million users globally and has raised series D funding of $23.8M US or $32M CAD recently from RBC, Exhibition Capital, and National Australia Bank (NAB). It plans to invest in AI and machine learning techniques to introduce accounting automation and analytics-based insights to its customer groups. Backed by other large names with NAB officially having a stake in the company, this FinTech is worth following.
Forbes Fintech 50 2018: The Future Of Wall Street And Big Data
Inside Forbes' Fintech 50 for 2018: Meet the top fintech firms on Wall Street.
Deloitte and Element.AI collaborate to host an AI workshop for Fintech ecosystem players at the Canada Fintech Forum
Jas Jaaj, Deloitte Canada's AI leader and Karthik Ramakrishnan Element.AI's Director of Strategy and Solutions hosted a workshop in the Deloitte Technozone to understand thoughts and perspectives on AI from ecosystem players and to provide an overview of the space from their individual perspectives.