Kudos, an AI-driven smart wallet, has successfully secured $10.2 million in a Series A funding round. Kudos has rapidly grown, amassing 200,000 users in less than 18 months. The raised capital is set to enhance Kudos' smart wallet features and expand its user base and merchant partnerships.
The smart wallet assists consumers by optimizing their credit card rewards and cashback through its app and browser extension. Recent additions to its features include MariaGPT, an AI tool for card discovery, and Dream Wallet, which recommends credit cards based on spending patterns. The platform promises to simplify the complexity of managing multiple credit cards and rewards systems, ensuring users get the most value from their spending. The AI capabilities of Kudos offer personalized financial insights and recommendations, which can be particularly appealing for those looking to maximize their rewards and savings with minimal effort.