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Corporate Acquisitions—nripn—January 23, 2025
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Despite a significant year-over-year (YoY) decline, fintech retained its position as the most active technology sector for mergers and acquisitions (M&A) in Southeast Asia in 2023. This service, common in DealStreetAsia's June 2024 SE Asia Tech M&A Review report, reflects
Startup News—nripn—January 23, 2025
Spare8, a Mumbai-based B2B2C fintech startup, has raised an undisclosed amount in its latest funding round. The round was led by Param Agrawal, son of famous investor Mayank Agrawal, as well as Rajiv Shastri, former CEO of NJ Asset Management. Previously, it raised a pre-seed round of $800,000 in August 2022, backed by prominent investors
AI in Finance—nripn—January 22, 2025
(Bloomberg) - Stocks climbed as President Donald Trump struck a better-than-expected tone on global trade and speculation grew that his policies would further boost U.S. businesses. Bonds continued to offset the recent rise in yields that has roiled markets. The dollar has faltered. Most read on Bloomberg More than 400 S&P 500 stocks rose, with
Startup News—nripn—January 22, 2025
Punching linea Berlin-based fintech startup that offers innovative financing solutions for SaaS and subscription-based businesses, has raised a €20 million pre-Series A round including both equity and debt. This funding allows Tapline to expand its operations, expand its innovative platform and support the growth of SaaS businesses across Europe. The equity portion of the round
AI in Finance—nripn—January 22, 2025
WASHINGTON (AP) – President Donald Trump on Tuesday discussed a joint venture investing up to $500 billion in artificial intelligence infrastructure by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will begin building data centers and producing electricity necessary for the future development of the sector. rapidly evolving AI in
AI in Finance—nripn—January 22, 2025
Unlock Editor's Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on cutting-edge technology for new growth, while under pressure from Washington to sell its popular video sharing app in
Corporate Acquisitions—nripn—January 22, 2025
LONDON: As world leaders, business giants and policymakers gathered in Davos, Switzerland, on Monday for the opening of the 55th annual meeting of the World Economic Forum, all eyes were on Washington, where Donald Trump was inaugurated for his second term. This dual spectacle highlighted the contrast between two seemingly opposing worldviews: Trump's doctrine of
Startup News—nripn—January 22, 2025
Qomodothe Milan-based “all-in-one” smart payment solution for physical merchants, announces that it has raised 13.5 million euros in Series A in order to develop AI tools intended to expand its portfolio. The round was co-led by RTP Global and LMDV Capital, with participation from Proximity Capital, Primo Capital as well as other notable investors including
AI in Finance—nripn—January 22, 2025
McDonald's partners with Cognizant. McDonald's Corp. expands long-standing partnership with enterprise AI technology provider. The fast food and fast food giant is beginning a multi-year extension of its strategic partnership with Cognizant, born in 2017. This renewed agreement will focus on leveraging cutting-edge technology to improve McDonald's staff enablement, customer experience and operational efficiency. Under
Market Insights—nripn—January 22, 2025
Flipkart co-founder Sachin Bansalthe fintech startup of Navi Technologies was the victim of a payment gateway fraudresulting in losses of ₹14.26 crore over a two-week period in December 2024.THE Whitefield Cybercrime Police in Bengaluru have launched an investigation after filing a complaint against unidentified fraudsters.According to a report in The Hindu, the fraudsters exploited a
Startup News—nripn—January 22, 2025
Egyptian fintech and leading payment orchestration platform in the Middle East and North Africa (MENA), MoneyHashsecured $5.2 million in Pre-A funding. The tour was led by Thriving Businesses – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney and Neon – adding to its portfolio of more than 100 fintech startups. Additional investors
AI in Finance—nripn—January 22, 2025
Photo: Westend61/Getty Images California-based Sutter Health is entering into a seven-year partnership with GE Healthcare to integrate artificial intelligence technology into its healthcare system. operationsorganisms said this week. Sutter and GE expect the partnership to generate about $1 billion in revenue, according to Bloomberg. Known as the Care Alliance, the partnership focuses largely on imaging
