Taco Expands Enterprise AI Capabilities Through Acquisition of Authava
Acquisition adds enterprise-grade conversational AI, white-label deployment capabilities and managed AI services to
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TacoAI LLC (“Taco”), a subsidiary of Prosperum Fintech Holdings LLC (“PFH”) and the technology company behind Avant Garde Trading’s new trading platform, today announced that it has acquired Authava, an enterprise conversational AI platform designed to help businesses deploy secure, fully integrated and highly configurable AI assistants.
The acquisition represents a strategic expansion of Taco’s technology capabilities and advances PFH’s broader objective of building a portfolio of scalable financial technology and artificial intelligence solutions. Authava brings Taco an established platform for developing and operating white-label AI assistants that can support customer service, sales, lead generation, account servicing and other business-critical interactions.
Authava’s technology is designed to extend beyond traditional website chatbots. Its API-first architecture allows AI assistants to connect with enterprise applications, customer relationship management systems and proprietary data sources. The platform also supports authenticated user experiences, real-time data retrieval, workflow integrations, post-conversation analytics and managed deployment services.
“Authava adds a powerful and complementary technology layer to Taco’s existing platform engineering and artificial intelligence capabilities,” said Jim Swartwout, Chief Executive Officer of Prosperum Fintech Holdings. “Taco has already demonstrated its ability to build complex, intuitive technology for financial services through the development of Avant Garde’s new trading platform. With Authava, we are expanding the range of intelligent, customer-facing products we can deliver across the PFH ecosystem and to external enterprise clients.”
Taco develops custom technology solutions for fintech companies, publishers and other businesses seeking to integrate artificial intelligence, automation and modern digital experiences into their operations. Its capabilities include full-scale platform development, AI-powered chatbots, API integrations, data-driven tools and workflow automation.
The acquisition is expected to accelerate Taco’s ability to offer conversational AI as both a standalone product and an integrated component of larger digital platforms. Potential applications include personalized financial education, customer onboarding, account support, product discovery, lead qualification and the delivery of context-specific information through embedded AI experiences.
“Successful enterprise AI requires more than placing a general-purpose chatbot on a website,” said Doug Howe, Chief Executive Officer of TacoAI. “It requires controlled information sources, secure integrations, accurate real-time data and an architecture that can evolve with the client’s business. Authava was built around those requirements, making it a strong strategic fit with Taco’s engineering organization and long-term product roadmap.”
Taco plans to continue developing the Authava platform as part of its broader technology portfolio while exploring opportunities to incorporate Authava’s conversational infrastructure, integration capabilities and managed-service expertise into future products developed for Avant Garde Trading and other PFH companies.
“We are thrilled to be joining the TacoAI team to further expand our offering and reach for our services,” said Ryan Hein, Principal at Authava.
The transaction also expands Taco’s addressable market beyond brokerage technology. Taco will be positioned to offer configurable AI products to fintech companies, financial publishers, enterprise brands and other organizations seeking to improve customer engagement, automate support and create new digital revenue opportunities.
“This acquisition is consistent with PFH’s strategy of assembling differentiated technology, financial services and intellectual property under a common operating ecosystem,” Swartwout added. “We believe the combination of Taco and Authava creates a stronger foundation for product innovation, commercial expansion and long-term enterprise value creation.”
Financial terms of the transaction were not disclosed.
About Taco
TacoAI LLC is a technology company focused on building tools for the fintech revolution. A subsidiary of Prosperum Fintech Holdings, Taco develops AI-powered applications, custom digital platforms, API integrations, automation systems and conversational experiences designed to improve engagement, operational efficiency and business performance.
About Authava
Authava is an enterprise conversational AI platform that enables businesses to deploy intelligent, white-label AI assistants. Its technology supports managed and self-service deployments, controlled knowledge sources, application programming interfaces, user authentication, enterprise system integrations, real-time data retrieval and conversation analytics. Authava is designed to help businesses deliver accurate, personalized and scalable customer interactions without requiring significant internal technical infrastructure.
About Prosperum Fintech Holdings
Prosperum Fintech Holdings LLC is a financial technology holding company focused on building and supporting innovative businesses across trading, brokerage technology, artificial intelligence, financial content and related services. Its portfolio includes Taco, Avant Garde Trading and other financial technology and services companies.
Forward-Looking Statements
This press release may contain forward-looking statements regarding the anticipated benefits of the acquisition, future product integrations, commercial opportunities and the strategic plans of Taco and Prosperum Fintech Holdings. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. Neither Taco nor Prosperum Fintech Holdings undertakes any obligation to update forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260804142809/en/
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