FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Slack Invests in Finance Bot Startup Sway Finance

Diana AsatryanbyDiana Asatryan
January 10, 2017
in All Posts
Reading Time: 2 mins read
0
Share on Facebook

canstockphoto1899303When it comes to bots, no one has more variety than Slack. More than 500 bots populate the popular messaging platform.

This activity has naturally led to an interest in companies creating bots. Since the launch of its $80 million Slack Fund in Dec. 2015 – backed by the likes of Andreessen Horowitz Index Ventures, Kleiner Perkins Caufield & Byers, Spark Growth and Social Capital – the company has invested in 25 bot startups. Among them, as of last week, is Sway Finance. The startup developed a bot, which aims to keep users up to date with a company’s financial health directly through Slack commands.

Through connecting to a firm’s bank accounts, payment processors and accounting software (Quickbooks, specifically, with Xero to be added “soon”), Sway spits out an overall financial report. Commands can prompt the bot to provide reports on revenues and expenses at a given period of time, or show deposits, cash flows, and cash balances, among other things. The bot also offers a daily or weekly digest that provides users with a financial snapshot.

The bot is currently free to use, but Sway is working on paid features, “such as bank reconciliation through our app, and are planning to launch those in 2017,” according to the company website. The app supports most financial institutions in the U.S. and all Stripe accounts, with PayPal to be added soon.

Voice-chat platform Synervoz, an analytics app Statsbot, and Troops, which imports Salesforce data, are among the latest investments from the Slack Fund, and the latest additions to its lineup of bots (if none of those seem appealing, there’s always the CatFacts bot). “The Slack Fund backs new companies that bring more streamlined workflows to Slack—reducing the small, yet high-frequency tasks that consume chunks of our time,” the company said in a recent blogpost.

Tags: Andreessen HorowitzchatbotsMessagingSlackstartups
Previous Post

IBM Is Working on 300-500 Blockchain Projects [VIDEO]

Next Post

Transportation Blows Past Fintech in VC Funding

Related Posts

(AI-generated)
All Posts

AI-driven ‘SaaSpocalypse’ fears overblown, experts say

April 1, 2026
All Posts

Is Your Technology Supplier There for You?

April 1, 2026
(Courtesy/Bluevine)
All Posts

Bluevine’s AI chatbot resolves 80% of customer queries

January 7, 2026
Next Post

Transportation Blows Past Fintech in VC Funding

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account