UBS is taking a stake in an artificial intelligence platform that matches institutional clients with investment experts.
UBS has invested $5 million in Lynk in its latest funding round, taking the technology company’s total funding to $35 million, Lynk said in a press release Wednesday. Lynk says it has a network of more than 840,000 global experts. Its proprietary technology is driven by an AI data engine that indexes individuals based on their experience and expertise to match users with subject matter experts on its platform.
Lynk was founded by Peggy Choi in 2015. The firm has eight offices, including New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto.
UBS announced a global alliance with Lynk in May for its institutional investor clients and subscribed to the platform in 2020. The collaboration is run via UBS Investment Bank’s principal investment team.