Tag: Investment
-
Yuno secures USD 25 million from consortium of investors
Yuno, a leading technology company specializing in data analytics and artificial intelligence, has announced that it has successfully secured USD 25 million in funding from a consortium of investors. This latest round of funding will enable Yuno to further expand its product offerings and accelerate its growth in the market. Yuno’s innovative platform leverages advanced…
-
Synctera raises USD 18.6 million in an extended Series A round
San Francisco-based banking-as-a-service platform, Synctera, has announced that it has raised $18.6 million in an extended Series A funding round. This brings the total amount raised in the Series A round to $33.6 million. The funding round was led by Lightspeed Venture Partners, with participation from existing investors like Citi Ventures, Diagram Ventures, and Trinity…
-
Karma3 Labs raises USD 4.5 mln to improve trust in web3
Karma3 Labs, a blockchain technology company, has announced that it has successfully raised USD 4.5 million in a recent funding round. The company’s mission is to improve trust in web3 through its innovative solutions that harness the power of blockchain technology. With this latest round of funding, Karma3 Labs plans to further develop its technology…
-
The Embedded Finance Market to reach USD 730.5 billion by 2032
Embedding finance tools into non-financial applications has become increasingly popular in recent years. The global embedded finance market is projected to grow at a rapid pace, reaching USD 730.5 billion by 2032. What is Embedded Finance? Embedded finance refers to the seamless integration of financial services into non-financial products or services. This allows consumers to…
-
Barclays sells credit card debt to Blackstone
Barclays Sells Credit Card Debt to Blackstone Recently, Barclays announced that it has sold a significant portion of its credit card debt portfolio to Blackstone, a leading global investment firm. This move is part of Barclays’ strategic initiative to streamline its operations and focus on its core business areas. By offloading its credit card debt…
-
UnoAsia secures USD 32.1 million in funding round
UnoAsia, a leading technology startup based in Asia, has successfully secured USD 32.1 million in its latest funding round. The funding was led by prominent venture capital firms and strategic investors who see potential in the company’s innovative products and services. Investors’ confidence in UnoAsia The successful funding round is a testament to the investors’…
-
PayPal invests in AI startup Rasa
PayPal has recently announced its investment in the AI startup Rasa, signaling a strategic move to enhance its capabilities in artificial intelligence and improve its customer service offerings. The investment comes as part of PayPal’s ongoing efforts to stay at the forefront of technological advancements and deliver innovative solutions to its users. Rasa is a…
-
Fordefi raises USD 10 mln to expand its self-custodial wallet
Fordefi, the leading provider of self-custodial wallet solutions, has recently raised a massive USD 10 million in a Series A funding round. The company plans to utilize this fresh capital injection to significantly expand its operations and enhance its self-custodial wallet features. A self-custodial wallet, also known as a non-custodial wallet, puts the control of…
-
Kema raises USD 2 million in pre-seed round
About Kema Kema, a promising start-up in the technology industry, has recently announced a successful pre-seed funding round, raising an impressive USD 2 million. The company, founded by visionary entrepreneurs, aims to revolutionize the way we interact with technology. Investment and Growth The pre-seed funding round was led by prominent venture capital firms and attracted…
-
WiseAlpha introduces wealth management services
By Your Name What is wealth management? Wealth management is a comprehensive approach to managing and growing one’s wealth. It involves financial planning, investment management, and other specialized services aimed at helping individuals and families achieve their financial goals. Traditionally, wealth management services were only available to high-net-worth individuals, typically with investable assets exceeding a…
-
PayPal Ventures invests in Mesh
PayPal Ventures Invests in Mesh Published on March 15, 2023 PayPal Ventures, the investment arm of the renowned digital payments company, PayPal, has recently announced its latest investment in the widely acclaimed tech startup, Mesh. Mesh, an innovative company founded in 2019, is revolutionizing the way people interact and engage on social media platforms. Through…
-
Sygnum raises more than USD 40 million in an oversubscribed round
“Sygnum, the digital asset technology group, successfully raised over USD 40 million in its latest funding round.” ZURICH, Switzerland – Leading digital asset technology group, Sygnum, announced an impressive milestone as it secured over USD 40 million in an oversubscribed funding round. Sygnum marries cutting-edge technology with traditional banking. This substantial funding round provides the…
-
BuyEazzy raises USD 4.25 million
BuyEazzy, a leading e-commerce platform, has recently secured USD 4.25 million in a successful funding round. The funding was led by prominent venture capital firms and angel investors who recognized the potential of BuyEazzy’s innovative approach. The company aims to revolutionize the online shopping experience and provide convenience to consumers. With the newly raised capital,…
-
Prometeo secures USD 13 million in Series A
Breaking News | June 15, 2022 Introduction Prometeo, the leading artificial intelligence startup specializing in fire detection and prevention, has successfully secured $13 million in its latest financing round, Series A. This accomplishment marks a significant milestone for the company, positioning them for further growth and innovation in the fire safety industry. Investors’ Commitment The…
-
ZILO raises GBP 25 million in Series A funding round
In an impressive achievement, ZILO, the leading technology startup, has successfully raised GBP 25 million in a Series A funding round. This milestone firmly establishes ZILO as a major player in the market, projecting a promising future for the company. Founded with a vision to revolutionize the tech industry, ZILO has been gaining traction rapidly…
-
Dave acquires a convertible promissory note for USD 71 million
In a groundbreaking deal, Dave, a leading financial technology company, has successfully acquired a convertible promissory note amounting to a staggering USD 71 million. This significant acquisition represents Dave’s commitment to expanding its financial services and enhancing its market presence. The convertible promissory note, often utilized in venture capital financing, enables Dave to raise capital…
-
Solva raises USD 20 million investment
Published on July 15, 2022 Breaking News Solva, a leading technology startup specializing in artificial intelligence and machine learning, has announced a groundbreaking milestone by securing a USD 20 million investment in its latest funding round. This significant investment round attracted participation from prominent venture capital firms and angel investors, showcasing the industry’s enthusiasm for…
-
Fidelity sets Bitcoin ETF fee at 0.39 percent
Fidelity Investments, a leading global asset manager, has announced the fee structure for its highly anticipated Bitcoin exchange-traded fund (ETF). The company confirmed that the Fidelity Bitcoin ETF will have an annual expense ratio of 0.39 percent. With the ETF sector witnessing increased interest in Bitcoin offerings, Fidelity aims to cater to institutional and retail…
-
Unlimitd secures EUR 100 million investment from ACP
Unlimitd, a leading technology company specializing in IoT solutions, has announced securing a significant EUR 100 million investment from ACP (Advanced Capital Partners). This investment is set to fuel Unlimitd’s growth and innovation in the IoT industry, enabling the company to expand its product offerings and enhance its global presence. “This investment opens up incredible…
-
Hakbah secures USD 5.1 million in Series A funding
Hakbah, the leading fintech startup in the region, has announced that it has successfully secured USD 5.1 million in Series A funding. This latest funding round was led by prominent venture capital firms and will propel the company towards the next phase of growth and expansion. The Series A funding will be instrumental in Hakbah’s…