(6 September 2021 – Europe) UBS Bank has recently invested in an Artificial Intelligence(AI) driven ‘Knowledge-as-a-Service’ (KaaS) platform business labelled “Lynk”.
UBS’s investment in Lynk forms part of a Series B funding round and brings the start up’s total capital raised to US$35 million.
Lynk’s platform uses an AI engine that matches its network of 840,000 investment experts with institutional clients. Its goal is to connect its clients such as financial institutions (FIs) and government organisations with expertise they would not usually access via traditional consultants or online.
Lynk also includes UBS Global Research analysts on its platform, enabling institutional clients to benefit from the group’s experts in Question and Answer (Q&A) sessions, consultations and executive briefings across themes such as sustainability, valuation and accounting.
“We’re proud to double down on our collaboration by investing in Lynk’s vision as a Knowledge-as-a-Service platform designed to break down knowledge barriers” commented UBS Bank Head of Global Research, Damien Horth.