<ul><li>Veefin Group of Companies has acquired a 50% stake in Walnut, a Singapore-based GenAI firm, in an all-cash deal.</li><li>The acquisition will allow Veefin Group to utilize Walnut’s GenAI capabilities to convert unstructured data into insights for its corporate and banking clients.</li><li>Walnut will maintain its independent operations following the acquisition.</li><li>Veefin Group has made its first international acquisition and this marks its fourth acquisition this year.</li></ul>

Veefin acquires Singapore-based GenAI startup Walnut

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