Business AI

Agentic AI Gains Traction in Finance with Major Funding and Deployment

AppZen raised $180 million for its agentic finance platform on the same day Citigroup launched agentic tools for its employees

Olivia Sharp 1 min read 471 views
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The finance sector saw major agentic AI developments, with AppZen raising $180 million and Citigroup deploying autonomous tools for its workforce.

The financial services industry saw a flurry of activity around agentic AI on September 22, 2025, with a major funding round and a large-scale enterprise deployment signaling growing confidence in the technology. Agentic AI refers to systems that can autonomously plan and execute complex, multi-step tasks.

## AppZen Secures $180 Million

AppZen, a company that develops an "Agentic AI platform for finance teams," announced it raised $180 million in a growth funding round led by Riverwood Capital. AppZen's platform uses "AI Agents" to automate workflows across corporate travel and expense, accounts payable, and corporate card programs. The company claims …

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