Goldman Sachs takes a chance on Simetrik’s innovative payments infrastructure technology
Where it is differentiating itself is through its Simetrik Building Blocks, or SBBs, which are scalable and adaptable concepts based on no-code development and generative AI technologies.
In the past two years, the company grew to have clients in more than 35 countries, up from 10, and is monitoring over 200 million records every day.
Previously that was 70 million records daily.
The use of the new funds will go into further developing the Simetrik Building Blocks, enhancing AI capabilities and continuing to expand Simetrik’s international reach.
They need a new approach, and that is where our building blocks have a strong product market piece.”
