Taktile, a New York-based decision automation platform for financial services, has raised US$54 million in a Series B funding round.

The round was led by Balderton Capital, with participation from existing investors Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, Visionaries Club, and former US Treasury Secretary Larry Summers.

This brings Taktile’s total funding to US$79 million.

Since its Series A in 2022, Taktile has expanded its customer base to 24 markets, working with fintech companies such as Mercury, Kueski, and Zilch, as well as major financial institutions, including Allianz and Rakuten Bank.

Taktile’s platform enables financial institutions to build and manage AI-driven decision-making processes for risk assessment, fraud detection, and underwriting.

The additional funding will support further product development and expansion.

“In high-stakes industries, AI adoption must be guided by experts with deep risk domain expertise,”

said Maik Taro Wehmeyer, CEO of Taktile.

“Errors in financial decisioning can have significant consequences, from loan defaults to compliance failures. Our platform allows organisations to integrate AI into risk workflows while maintaining oversight and control.”

Rob Moffat, General Partner at Balderton Capital, commented:

“It is surprising that many businesses still rely on disconnected tools and in-house coded decisioning systems. Taktile’s integrated platform provides a single, consistent view of the customer, allowing firms to build, iterate, and optimise complex decision logic. This approach has already attracted leading fintechs and is now driving adoption among banks and insurers.”

With AI adoption in financial services expanding, Taktile aims to support institutions in integrating AI-powered decisioning at scale while maintaining compliance and operational efficiency.

Featured image credit: edited from freepik