Toggle AI Awarded Tokyo Financial Award

TOGGLE AI AWARDED TOKYO FINANCIAL AWARD FROM TOKYO METROPOLITAN GOVERNMENT

The Tokyo Financial Awards’ “Financial Innovation Category” was awarded to Toggle AI. The award invites applicants to solve need-based issues sourced directly from citizens and companies based in Tokyo.

Tokyo, March 5, 2024 – Toggle AI, the generative AI fintech startup, has been named the winner of the Financial Innovation category of the Tokyo Financial Awards, in partnership with the Tokyo Metropolitan government.

Toggle AI, renowned for its groundbreaking generative AI technology, specializes in providing financial planners and industry professionals with a chat-based service that leverages unique AI capabilities for portfolio analysis. Distinguished by its superior accuracy compared to existing AI chatbots, Toggle AI's innovative service is empowered by its ability to analyze historical economic, financial, and market data, effectively bridging the financial literacy gap for investors and promoting informed trading and sustainable investment practices.

Quoted from Tokyo Financial Award Jury Chairman, Mr. Yamaoka:

"In the midst of concerns over AI-washing, where the use of generative AI is touted for marketing purposes while AI is actually not utilized, Toggle stands out for genuinely leveraging generative AI to facilitate investment promotion and enhance investor experience. Its initiatives align with Tokyo's shift from savings towards investment. It offers remarkable support for individual investors who may feel uncertain despite the establishment of systems like New NISA (Nippon individual savings account)."

The award is divided into two categories: Financial Innovation and ESG investment. Applicants for both awards are invited to solve issues that citizens and companies in Tokyo face. Finalists are then provided support to ready their solutions for commercialization.

Jan Szilagyi, Group CEO and co-founder of Toggle AI, expressed gratitude for the recognition: "We are honored that the Tokyo Metropolitan government believes in our work as much as we do. This award presents a significant opportunity for us to extend institutional-grade data access to all investors seeking to make informed financial decisions."

Jim Lee, Head of Asia at Toggle AI and CEO of Toggle GK (Japan), highlighted the invaluable support Toggle AI received during the mentoring program and business networking event at the Tokyo Financial Awards, allowing the company to rapidly collect feedback from experienced institutional users. This feedback facilitated the improvement of Toggle's product roadmap, emphasizing efficient, data-driven solutions for investors.

About TOGGLE Toggle AI is a generative AI fintech startup that caters to institutional investors by delivering curated insights on individual securities and broader portfolios. Toggle Terminal combines natural language UX with institutional-grade analytics, offering investors a comprehensive view of their portfolio and its driving factors. Founded in 2019, Toggle AI operates globally with offices in New York, London, and Tokyo.

Contact Information Jim Lee, Head of Asia at Toggle AI and CEO at Toggle GK (Japan) jim@toggle.ai

Jan Szilagyi, Group CEO and co-founder of Toggle AI jan@toggle.ai