HSBC Innovation Banking UK backs CoachHub with €40m

Quick Summary:

HSBC Innovation Banking UK is to provide a Germany-based digital coaching platform with €40 million in growth financing.

CoachHub says it will accelerate its investment in artificial intelligence and further expand its product offerings with the strategic capital.

Jean-Laurent Pelissier, managing director and head of enterprise software at HSBC Innovation Banking UK, commented: “It’s been a pleasure to provide financing support to CoachHub, enabling the business to drive investment into AI and enhance its product offering.“CoachHub’s unique proposition has a positive impact on the development of talent across organisations, and we look forward to supporting the business as it continues to grow and innovate.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United KingdomGermany

Topics: Financing Raises Investment Hsbc Provide Innovation Coaching Coachhub Growth Banking Product

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 07:51:50 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Readers: 61 people read this story

Article Length: 208 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 24163039

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About BusinessCloud

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 3 days ago

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