Tags: fintech

OpenAI announced it has acquired Hiro Finance, a fledgling AI‑driven personal finance startup founded by serial entrepreneur Ethan Bloch. The deal brings roughly ten Hiro employees into OpenAI as the startup prepares to shut down its service on April 20 and delete user data by May 13. Terms of the transaction were not disclosed. Backed by Ribbit Capital, General Catalyst and Restive, Hiro offered a verification‑enabled tool that modeled salary, debt and expense scenarios for consumers. The acquisition marks OpenAI's latest foray into financial‑services technology, though its exact plans for the talent remain unclear. Read more

OpenAI announced Monday that it has bought Hiro Finance, an AI‑driven personal finance startup founded by serial entrepreneur Ethan Bloch. The deal, confirmed by both parties, will see Hiro shut down its consumer app and transfer its roughly ten‑person team to OpenAI. Backed by Ribbit Capital, General Catalyst and Restive, Hiro offered users scenario‑based budgeting powered by a model trained for financial math. While terms remain undisclosed, the acquisition signals OpenAI’s push to deepen its foothold in the fintech space and expand talent ahead of its next growth phase. Read more