An angel investor was so intrigued by this startup, he joined as a co-founder

Waterlily uses AI for long-term care; Moove's revenue rises with Kovi acquisition.

: Waterlily, founded by Lily Vittayarukskul, uses AI to help families plan for long-term care costs. Evan Ehrenberg joined as a co-founder, intrigued by the industry and Waterlily's platform. Moove, supported by Uber, has acquired Kovi, raising its annual revenue to $275 million. Several other fintech firms, like Formance and Cedar Money, have recently secured funding rounds.

Waterlily is a startup founded by Lily Vittayarukskul to address the challenges families face in long-term care planning. Using AI, the company predicts future care costs and helps families create a financial plan, a mission born out of Vittayarukskul's personal experience with family health struggles.

Evan Ehrenberg, originally a small angel investor and previous founder of Clara Health, was so impressed by Waterlily's technology that he became a co-founder. His personal trials of the platform led him to significant lifestyle changes, demonstrating the impact of Waterlily's predictive abilities.

Moove, an Africa-originated mobility fintech, enhanced its global reach by acquiring Brazilian firm Kovi, boosting its revenue to $275 million. Other fintech firms like French startup Swan and Guinea-based Cauridor have also raised significant funds, reflecting ongoing growth and innovation in the fintech sector.