PAG leads $100m round in Chinese AI-based investment solutions provider DataYes


Source: dealstreetasia.com dealstreetasia.com

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DataYes, a Chinese artificial intelligence (AI)-enabled data and investment management solutions provider, has raised a strategic funding round of about $100 million led by the alternative investment management major PAG. Shanghai-based DataYes plans to leverage the investment experience and industry know-how of PAG to help it advance its one-stop solutions in investment and asset management for enterprise and individual clients, it said in a press release on Monday. The Asia-focused PAG manages $40 billion in capital. To date, DataYes has offered data, SaaS, and solutions services to over 2,000 financial institutions and more than 10 million individual investors in China...