FT Partners Served as Financial Advisor to Interface on its Financing
Overview of Transaction
- On October 22, 2024, interface.ai announced it raised a total of $30 million to become the most valuable agentic AI company in banking
- interface.ai’s AI-driven tools — spanning voice, chat, and co-pilot interactions — are transforming the ways financial institutions support their customers; Serving as the first line of support, these AI agents manage inbound member and customer inquiries, successfully handling over 60% of interactions directly
- Bootstrapped since inception, the Company has achieved significant milestones, including serving around 100 financial institutions and hundreds of millions of consumers
- The Company’s voice and chat solutions have been a catalyst for progress for their customers, equipping them with the tools to deliver sophisticated and modern consumer experiences that bridge the gap against larger financial institutions
- With this new capital, interface.ai plans to expand its team to enhance product offerings, strengthen customer success and services, and accelerate go-to-market initiatives
FT Partners' Role
- FT Partners served as the exclusive strategic and financial advisor to interface.ai
- The transaction highlights FT Partners’ domain expertise in the intersection of AI and FinTech, and the banking technology space, as well as our continued track record of generating highly favorable outcomes for FinTech companies