Europe is a core part of our growth story, and this new organisational structure makes the best use of our skills, experience and knowledge of local markets to consistently deliver the best outcomes for our customers.
In 2021, JP Morgan became the second major US lender to enter the UK retail banking market, following Goldman Sachs, which started offering its service in 2020.
Our funding comes in a crucial time for Synthesia, as we aim to fuel the next phase of growth, support product development, and enter new markets. The infusion of capital will allow us to enhance our AI-powered video platform for a diverse range of customers, including Fortune 100 companies and small businesses.