23
July 2024
Cykel AI PLC
("Cykel AI" or the
"Company")
Cykel AI Announces Strategic
Partnership with SHIFT to Expand AI Automation in
Fintech
Cykel AI PLC (LSE: CYK), a leader in
AI automation solutions, today announced a strategic partnership
with SHIFT, a community of 300+ fintech leaders representing
companies with a combined market cap of over £1.2
billion.
Partnership Highlights:
● Cykel AI will
provide AI automation tools to streamline SHIFT's
operations
● Partnership opens
access to 300+ potential fintech clients for Cykel AI
● Projected 40%
reduction in SHIFT's administrative workload
Jonathan Bixby, CEO of Cykel AI,
commented: "This partnership with SHIFT is a significant milestone
in our go-to-market strategy. It not only validates our technology
but also provides us with direct access to decision-makers in the
fintech sector, a key target market valued at $245 billion
globally."
Kyle Masterson, CEO of SHIFT, added:
"Cykel AI's automation tools are set to transform how we operate.
We anticipate a 40% reduction in administrative tasks, allowing us
to focus on high-value activities for our members."
The partnership aligns with Cykel
AI's mission to create an intelligent automation layer for business
operations. It represents a strategic move into the fintech sector,
complementing the Company's existing presence in recruitment and
marketing automation.
Cykel AI expects this partnership to
accelerate its product development cycle and provide valuable
insights for refining its AI technology for financial services
applications.
About Cykel AI PLC
Cykel is an AI product and research
company. Its automation solutions simplify repetitive tasks,
enabling employees to concentrate on strategic and important work.
The Company builds systems designed to expand the functionality,
reliability, and application of AI automation. Cykel AI is building
an automation layer for the internet.
Contact Information:
For more information about Cykel AI,
please visit cykel.ai
