Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines
: tors apr 10, 2025 9:42 pm
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising […]
Source: https://techcrunch.com/2025/04/10/finte ... ilippines/
Source: https://techcrunch.com/2025/04/10/finte ... ilippines/