QFIL Solutions, startup specialised in AI-driven FinTech solutions, raised $1m in a pre-seed investment round.
QFIL Solutions helps investors, institutions, and retail traders to maximise gains while minimising risks. The company is particularly focused on savvy millennials and Gen Z investors, helping them manage their trading such as Forex, stocks, and crypto.
“Funding will be used to finalise the development and proof of concept before we soft launch in four key markets – the UAE, Singapore, Nigeria, and South Africa. As QFIL closes in on the second round of funding, we will be looking at other market expansions and continuing to develop our pipeline of products,” Hani AlAita, Co-Founder and Managing Director of QFIL Solutions said.
A soft product launch of QFIL Solutions will begin with with Magus AI. Magus AI is a trading compass which is 80% accurate and features AI driven real-time market signals, requires no human intervention, employs machine learning and AI formulas.
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