Lloyds and Nationwide-backed AI fintech Aveni raises £12 million

Aveni, an AI-driven fintech firm, has secured £12 million in a funding round led by PXN Ventures, with significant support from existing backers including Lloyds Banking Group and Nationwide. This influx of capital underscores the growing confidence in AI's potential to revolutionize the financial services sector. The investment highlights the strategic importance of leveraging advanced technology to enhance financial operations and customer experiences, signaling a major step forward for Aveni in scaling its innovative solutions.