Hyperplane (acquired by nubank)

We're joining Nubank to build an AI-driven digital banking platform We launched in 2022 to build a data intelligence layer to help banks leverage their first-party data for decision-making. Our platform enabled financial institutions to train, evaluate, and deploy thousands of predictive models across various business domains such as risk, personalization, collections, and marketing. This acquisition places Hyperplane's AI technology at the core of Nubank's digital banking platform. We see this as a natural step for Hyperplane to power the AI transformation of digital banking. The journey has been extraordinary, and the path ahead promises to be even more fulfilling. You can read more about our joint vision for an AI digital banking platform here: https://lnkd.in/dUmSyQwC

Yesterday, our co-founder and CEO Felipe Lamounier spoke to Claudio Cardoso on Banco Alfa S.A.'s podcast. They had a great discussion about building Hyperplane, what AI means for customer-centricity, and creating hyper-personalized experiences in banking. You can find the full discussion here: https://lnkd.in/dv9pePJH

Our co-founder Felipe Meneses was recently interviewed by Época NEGÓCIOS, where he spoke about the Thiel Fellowship, Hyperplane's stellar team, and the dream of using AI to improve the financial lives of 100M people. Read more in the link below. https://lnkd.in/da5sMZXt

Our co-founder Rohan Ramanath was recently featured on Fintech Takes, by Alex Johnson. Tune in to learn more about large language models (LLMs), constraints in personalization and predictive applications, and AI's ability to reshape banking. https://lnkd.in/dS8cxxPq

In a recent newsletter edition, Walter Pereira dives into new opportunities between financial institutions and third-party providers — a shift demanding robust data governance practices. The key challenge lies in efficiently managing and utilizing data. Financial institutions must grapple with identifying, understanding, and leveraging their data assets effectively and swiftly. In other words: #AI solutions must encompass task automation and creating hyper-personalized financial products. Here at Hyperplane, we have a singular vision: unlocking the potential of banking data. Our platform enables banks to use more of their first-party data for AI & machine intelligence. Our proprietary #LargeLanguageModels seamlessly ingest, comprehend, and generate a single representation of a user's financial behavior that can power consistent personalization in next best offer, cross-selling, and CRM strategies, as well as credit risk, credit limit estimation, fraud, collections monitoring, and many other verticals inside the bank. Read the full analysis and subscribe to the newsletter W Fintechs: https://lnkd.in/dACYNwYZ

We're thrilled to be part of the latest batch of Plug and Play Fintech program. As part of the program, we will showcase Hyperplane’s foundation models to leading financial institutions that partner with Plug and Play. Check out the full list of selected startups: https://lnkd.in/dc25ctf7

Thrilled to see Hyperplane featured on Fintech Nexus article about the 2024 #FintechInnovationLab program! The Lab's emphasis on connecting innovative startups with major financial institutions aligns perfectly with Hyperplane's goal of bringing the power of #AI and #LargeLanguageModels to financial services. Hyperplane's #DataIntelligence platform helps companies develop superior predictive models and hyper-personalize customer experience — a particularly valuable asset in a market where customer experience and accurate predictions are crucial. Thanks Katherine Heyes for the shout out!

We're excited to announce that Hyperplane has been selected to participate in the FinTech Innovation Lab New York 2024! Hyperplane was chosen from over 250 applicants for this year's program, which will focus on #AI. The 12-week program will allow us to work directly with some of the biggest financial institutions to gather feedback on the product. During the program, we'll be working with five international institutions, a big opportunity to grow Hyperplane’s business and products, sharing our expertise in AI and #machinelearning. We're proud to be recognized as a leader in innovation in the financial sector, and glad to be a part of the FinTech Innovation Lab meeting in New York.

Our role in helping financial institutions adopt #AI to build predictive models from unstructured first-party data is featured in the report "Opportunities for Generative AI in Financial Services", developed by This Week in Fintech (TWIF) in partnership with Visa. "Hyperplane, which focuses on consolidating customer information across siloed bank databases in a compliant way, to help banks invest in more well-tailored products." Make sure to follow TWIF and subscribe to their newsletter!

AI TRANSFORMING BANK SALES Hyperplane's feature in EXAME (Brazil's top business outlet) by Karina Souza highlights how our #AI technology is helping Brazilian #banks increase sales recurrence and assertiveness, boosting engagement and share of wallet. The article details our mission to help financial institutions extract the maximum potential from their data using #LLMs. With 12 clients in Brazil and a R$30 million investment, we are now ready to transform the US market! 🇺🇸 “'Today, a large bank offers multiple products. Many have more than 100 interactions with customers, in addition to financial products in different channels. Understanding where you are at, what the best offer is, is essential to improve engagement and share of wallet for financial institutions, as well as improve the experience,' says Lamounier. It is already possible to measure the impact of this type of action. Hyperplane has already helped a Brazilian neobank (the company cannot disclose the name) to increase the volume of card transactions processed (TPV, in the jargon) by 46%."