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Startup News—nripn—October 2, 2024
Before taking the Venture Atlanta Stage next week, a local non-profit fintech startup Infinite gift announced that it had recruited a new group of investors. The startup just closed a $2 million seed round led by Cubit Capital, Morgan Stanley and Atlanta Ventures. She also announced her participation in Morgan Stanley Inclusive Business Laban in-house
AI in Finance—nripn—October 2, 2024
Satya Nadella, CEO of Microsoft, speaks during a corporate event on artificial intelligence technologies in Jakarta, Indonesia, April 30, 2024. Microsoft will invest $1.7 billion to develop cloud infrastructure computing and artificial intelligence in Indonesia, betting on Southeast Asia's largest economy to drive growth. . Dimas Ardien | Bloomberg | Getty Images As Microsoft As
Market Insights—nripn—October 2, 2024
Actions of PB Fintechthe parent company of Policy Bazaar and Paisa Bazaar, has been on a remarkable upward trajectory in recent months, regularly breaking records and delivering impressive returns to shareholders. The stock began its steady climb in January, when it surpassed its IPO price for the first time in two years, and has since
Technology Innovations—nripn—October 2, 2024
Convera is excited to announce the official release of Fintech 2025+, a deep dive into the trends, technology and transformation driving global commerce today. Developed in partnership with Oxford Economics and The Paypers, this insightful report analyzes the current and future state of the fintech sector, highlighting the crucial role of cross-border payments in international
AI in Finance—nripn—October 2, 2024
Rick Delisi In the last episode of Bankadelic by Lou Carlozosenior research analyst Rick Delisi de Glia discusses the ins and outs of “responsible AI” in banking and how financial institutions can leverage artificial intelligence for the greater good. DeLisi also explains how Glia collection data from more than 3 billion interactions with customers to
Corporate Acquisitions—nripn—October 2, 2024
Marsh Baya global mergers and acquisitions advisory firm for insurance brokers, revealed that it has acquired IMAS Corporate Finance LLP (IMAS). This strategic acquisition aligns with MarshBerry's growth strategy to enhance its solutions portfolio for global customers. By partnering with IMAS, MarshBerry aims to combine their strengths and expertise to create a powerful M&A advisory
AI in Finance—nripn—October 2, 2024
Over a two-decade career in the financial industry, despite a few job changes, the sheer scale of the industry has kept Jason Strle coming back for more. Strle spent nearly 13 years JPMorgan Chase and almost six years Wells Fargo. He has now been serving as chief information officer of Discover Financial Services for a
Corporate Acquisitions—nripn—October 2, 2024
(Photo: Wikimedia Commons) 2 minutes of reading Last update: May 10, 2024 | 10:51 p.m. STI India bucked the trend, posting the best M&A deal numbers in the Asia-Pacific region in the first quarter (Q1) 2024 in the financial sector, with 27 deals completed, up from 13 in the first quarter (Q1) of 2024. Japan
Market Insights—nripn—October 2, 2024
Fintech provider PEXA has launched something called Future Property Transactions Group. It aims to bring together market participants to accelerate the transformation and improvement of the chronically slow home buying and selling process. Using Yorkshire as a pilot area, the group aims to drive collaboration between major players in the property market such as Leeds
Startup News—nripn—October 2, 2024
BASIC Home Loan, a Gurugram-based fintech startup, recently raised Rs 87.5 crore (or $10.6 million) in a Series B round. funding round led by Bertelsmann India Investments (BII) and UAE-based CE-Ventures, the venture arm of Crescent Enterprises. The cycle also saw the participation of investorsincluding prominent equity investor Ashish Kacholia, Gruhas, Let's Venture, 9Unicorns and
Market Rumors—nripn—October 1, 2024
FTX's native cryptocurrency FTT saw a dramatic price increase, jumping over 70% to $2.70, its highest level since March 2024. This rally occurred as speculation spread on social media that FTX, currently in bankruptcy, would begin distributing funds to creditors and customers. FTT was trading around $1.40 for much of last month before the spike.
AI in Finance—nripn—October 1, 2024
(Bloomberg) - California Gov. Gavin Newsom vetoed what would have become one of the most comprehensive policies governing the safety of artificial intelligence in the United States. Most read on Bloomberg The bill would have been one of the first to hold AI developers accountable for any serious harm caused by their technologies. It drew
