Kasisto AI assistant powers India's first mobile-only bank

Kasisto´s KAI platform is powering the virtual assistant in digibank, a new mobile-only bank launched in India, the company said.

Additionally, digibank creator DBS Bank has taken a minority stake in Kasisto. The Kasisto investment and digibank launch are both part of the DBS mission to shape the future of banking.

Kasisto, which spun out of SRI in 2014, is powering a new generation of banking services that are mobile and accessible in ways people communicate each day. Its conversational AI platform powers customizable virtual assistants that enable banks to engage with their customers.

Kasisto was founded in 2013 with the vision of helping consumers in everyday customer interactions through intelligent conversations on any device.

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia.