OverviewSuggest Edit

ABAKA is a provider of a SaaS cognitive financial advice platform. Its platform allows businesses to create digital customer engagements and provides digital advice on wealth, saving, life insurance, and banking.

TypePrivate
Founded2015
HQLondon, GB
Websiteabaka.me

Latest Updates

Employees (est.) (Nov 2021)37(+9%)
Cybersecurity ratingBMore
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Key People/Management at ABAKA

Benoit Launay

Benoit Launay

Co-Founder and CTO
Fahd Rachidy

Fahd Rachidy

Founder and CEO
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ABAKA Office Locations

ABAKA has offices in London, New York and Biot
London, GB (HQ)
Victoria Plaza, 111 Buckingham Palace Rd
Biot, FR
475 Rue Evariste Galois
New York, NY, US
413 West 14th St Ground Floor and Suite 200
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ABAKA Financials and Metrics

Summary Metrics

Founding Date

2015

ABAKA total Funding

$9.8 m

ABAKA latest funding size

$6.5 m

Time since last funding

2 years ago

ABAKA investors

ABAKA's latest funding round in December 2019 was reported to be $6.5 m. In total, ABAKA has raised $9.8 m
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ABAKA Revenue

Cash (31-Mar-2021)

265.6k
GBPFY, 2019FY, 2020FY, 2021

Cash

110.6k2.3m265.6k

Accounts Receivable

24.4k895.1k

Prepaid Expenses

14.8k5.7k

Current Assets

135.0k2.4m1.7m
FY, 2019

Financial Leverage

1.4 x
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ABAKA Operating Metrics

Nov, 2021

Active Investors

4
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ABAKA Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

ABAKA Online and Social Media Presence

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ABAKA News and Updates

Happy to announce that ABAKA will be attending the Qatar Fintech Summit & Virtual Expo

We are very happy to announce that ABAKA will be attending the Qatar Fintech Summit & Virtual Expo as a Gold Sponsor

Abaka has partnered with Intel to improve its AI offering

Summary List PlacementThe AI Software as a Service (SaaS) provider has become a member of the Intel AI Builders program, per a press release seen by Insider Intelligence. The program brings together industry AI developers to access tech resources, comarketing opportunities, and Intel Capital invest…

Abaka releases ‘plug in and play’ AI-powered chatbot products

ABAKA, the global leader in digital saving and retirement enterprise SaaS solutions, today announced the launch of a new suite of products which allow financial services firms of all sizes to ‘plug in

Seed group nurtures partnership with Abaka for UAE-based AI push

SEED Group, a subsidiary company of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, announced a strategic partnership with ABAKA, the global leader in digital saving and retirement enterprise

Abaka joins Avaloq ecosystem

Abaka and Avaloq have announced a strategic partnership where Abaka will join the Avaloq.one Ecosyst...

Abaka completes Series A funding round with $6.5 million investment

ABAKA, the London-based digital retirement solutions provider, has today announced that it has compl...

ABAKA Blogs

Abaka’s AI-powered Next Best Actions app launches on Finastra’s FusionFabric.cloud

Abaka, an AI driven digital savings and retirement solutions platform, today announced that its Abaka’s… The post Abaka’s AI-powered Next Best Actions app launches on Finastra’s FusionFabric.cloud appeared first on ABAKA.

How to continue selling your service within the new AI regulatory framework

As you may know, the EU has published its proposal for new regulations on the… The post How to continue selling your service within the new AI regulatory framework appeared first on ABAKA.

Are you ready for the new regulation on AI in financial services?

New proposals from the European Union The EU has published its proposal for new regulations… The post Are you ready for the new regulation on AI in financial services? appeared first on ABAKA.

“Platformification”: The new normal for the bank-insurance ecosystem

Open platforms are disrupting the banking and insurance industry this year, triggering horizontal competition from… The post “Platformification”: The new normal for the bank-insurance ecosystem appeared first on ABAKA.

How do you build a superior data ecosystem in 2021?

Banks, insurers, and other established players in the financial industry face the biggest challenge to… The post How do you build a superior data ecosystem in 2021? appeared first on ABAKA.

Using Next Best Action to drive Life Insurance uptake

Companies across category and markets strive to deliver the right messages to their target customer,… The post Using Next Best Action to drive Life Insurance uptake appeared first on ABAKA.
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ABAKA Frequently Asked Questions

  • When was ABAKA founded?

    ABAKA was founded in 2015.

  • Who are ABAKA key executives?

    ABAKA's key executives are Benoit Launay and Fahd Rachidy.

  • How many employees does ABAKA have?

    ABAKA has 37 employees.

  • Who are ABAKA competitors?

    Competitors of ABAKA include Capium, Datamaran and Quality Clouds.

  • Where is ABAKA headquarters?

    ABAKA headquarters is located at Victoria Plaza, 111 Buckingham Palace Rd, London.

  • Where are ABAKA offices?

    ABAKA has offices in London, New York and Biot.

  • How many offices does ABAKA have?

    ABAKA has 3 offices.