Why Crowdera invested $300,000 in AI tech company, Monkwish

Charitable fintech firm Crowdera has announced that it will invest $300,000 in artificial intelligence technology company Monkwish and acquire a 25% stake in the latter, transforming philanthropy with artificial intelligence technology.

Monkwish is an artificial intelligence technology company that creates advanced evolutionary algorithms and deep learning products to deliver actionable results on complex multidimensional problems across multiple industries.

Currently, Yogya.ai offers three products: Employee Skill Gap Tool, Wisopt, Student Engagement Tool and Career Assistant, and online event platform Meeting Tool, Meetbeans. Monkwish was founded by a duo of brothers Agam and Sugam Malvia. With this investment, Monkwish will build and use AItech to strengthen its AI capabilities and leverage its expertise to fund Crowdera's existing charities.

Monkwish artificial intelligence and machine learning algorithms and products will provide Crowdera and crowdfunding technologies with global opportunities and enviable advantages in the growing space of the philanthropic economy.

Monkwish expands and joins forces to create smart technologies that make the world a better place with products like acai, gocrowdera.com, yellow scooter studio, yogya.ai, meet bean, SaaS charity, charitable organization, wisopt.

Crowdera has also launched an artificial intelligence tool called Help with Compassion and Artificial Intelligence (ACAI) to bring AI capabilities to its content and payment tools.  AI tools will help fundraisers craft contextually relevant, emotionally engaging, and visually engaging fundraising stories or email newsletters, which are projected to increase their fundraising efforts by a factor of 100 or more.

ACAI  also supports fundraising by recommending the optimal donation amount that matches the visitor/donor's expected ability to pay and their intentions.

Through partnerships and acquisitions, Crowdera plans to reach $5 billion in philanthropy over the next 34 years. AIenablement is an important part of its growth strategy and the Monkwish acquisition is a step forward as the company plans to continue small acquisitions from very early related startups focused on fundamental technologies such as AI and machine learning, sales lifecycle, advertising technology, and lifecycle.

Going further. the cycle of charity. Administrative and other charitable services related to fintech. “It started in 2014 from a purely philanthropic point of view. Now we aim to digitally transform 1 million charities by 2030 before the UN Sustainable Development Goals are completed.

Crowdera will achieve this by providing charitable finance and compliance tools for almost free use by charities in developing countries and charities in developing countries. ACAI is an important step towards this goal,” Chet added in a statement.