AI Financial Tech Company Moment Secures $78M Funding, Led by Index Ventures

Odaily Planet Daily News: Moment, an AI financial technology company founded by former Citadel Securities quantitative traders and researchers, announced the completion of a $78 million funding round, led by Index Ventures, with participation from existing investors including a16z and Avra. Moment has partnered with institutions such as Edward Jones, LPL Financial Holdings, and Hightower Advisors, primarily providing AI automation infrastructure for fixed income and equity trading. The new funds will be used to accelerate the application and product expansion of AI in Wall Street trading systems. (Bloomberg)