Manhattan Crypto Capital acquires a 30% equity stake in FinScientists, valuing the fintech innovator at $24.3 million, as part of a strategic partnership aimed at enhancing investment processes through AI and automation.

Information on the Target

FinScientists is an innovative fintech group that is transforming investment processes by harnessing the power of machine learning and neural networks for trading analytics. Since its establishment in 2018, FinScientists has successfully launched multiple advanced platforms that enable real-time quantitative, technical, and fundamental analysis across various financial markets, including forex, equities, and cryptocurrencies.

Industry Overview in the Target's Specific Country

The fintech industry in the United States is experiencing rapid growth, driven by the increasing adoption of technology in financial services. As of recent reports, the market is expected to exceed $300 billion by 2025, fueled by trends such as digital banking, automated investments, and blockchain technology.

New York City, as a global financial hub, has seen significant investment in fintech startups and acceleration programs. With a combination of venture capital fundin