Matt Heine and Steve Tucker back fintech start-up

Artificial intelligence-enabled fintech start-up Nod has received a private capital injection from industry luminaries including Netwealth joint MD Matt Heine and Koda Capital chair Steve Tucker.

In a statement, Nod announced it has raised $750,000 in capital as part of a funding round to support the its plans for expansion.

The start-up, which “generates documents in real-time for finance professionals” using artificial intelligence, said it received the backing of a number of “key investors” including Mr Heine, Mr Tucker, Padua Financial Group executive chair Matt Esler, and venture capital firm H2 Ventures.

Mr Heine said compliance-driven document generation had the potential to “save advice firms significant time, effort and expense” and that Nod may remove a “major pain point” from the advice industry.

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Source: Matt Heine and Steve Tucker back fintech start-up – ifa