Vectari Secures Pre-Seed Funding to Enhance AI Tools for Banks

Vectari, a fintech startup based in Charlotte, has secured $1.7 million in pre-seed funding. The startup, co-founded by Chris Hart and Alexandra O’Rourke, is focused on developing artificial intelligence (AI) tools for banks to enhance efficiency and compliance in client-focused operations.

Expanding AI in Financial Services

Vectari was established in May and primarily designs bank-grade AI tools. These tools are intended to boost efficiency and compliance in customer-oriented functions, such as complaint management and Spanish-language engagement, for financial services companies.

Utilizing Funding for Research and Development

The funding obtained will be used by Vectari primarily to expedite research, development, and sales for its initial product offerings. This inflow of capital is expected to accelerate the startup’s growth and its contribution to the ongoing digital transformation in the banking sector.