October 12, 2024
Digital banking provider Monzo Bank Ltd. Today disclosed that it completed a secondary sale for a valuation of $5.9 billion. A secondary sale is a transaction that allows a startup's employees and early investors to sell some of their shares. According to Monzo, Singapore sovereign wealth fund CIG and StepStone Group bought shares in the
October 12, 2024
As AI-generated slop takes over growing swathes of the user-generated Internet thanks to the rise of large language models (LLMs) like OpenAI's GPT, consider Wikipedia editors . In addition to their usual job of weeding out bad human edits, they must spend an increasing proportion of their time trying to weed out AI filler. Source
October 11, 2024
Bitcoin.com News Nigerian fintech Okra launches cloud unit to boost revenue Nigerian fintech startup Okra has entered the West African cloud infrastructure market with its new subsidiary, Nebula.. 5 hours ago
October 11, 2024
- Advertisement - Tenity VC's Climate Fintech 2024 report highlights Estonia as a global leader in climate fintech, showcasing remarkable growth, innovation and resilience in a rapidly evolving sector. The report reveals Estonia's exceptional performance, with the country leading on several key indicators, including the number of climate fintechs per capita and the rate of
October 11, 2024
Innovate Finance has revealed plans to shine a spotlight on fintech startups across regions across the UK with a new pitch initiative. The City of London Corporation-backed organization is to deliver a series of regional pitch events over the next 12 months across the North, South West, Midlands, Scotland, Ireland and Wales . As part
October 11, 2024
SUMMARY ToneTag is in preliminary discussions with Iron Pillar to raise at least $50 million in a combination of primary and secondary stock sales. The transaction is expected to see the startup's valuation more than double from its last valuation of $100 million. Founded in 2013 by Vivek Singh and Kumar Abhishek, ToneTag provides audio
October 10, 2024
SUMMARY Shares of PB Fintech fell to INR 1,628.3 apiece on the BSE today, down 1.5% from the previous close. The share price drop came after brokerage firm Bernstein expressed caution over the company's plans to venture into the healthcare sector. Bernstein expects stock price to fall as much as $100 million if PB Fintech's
October 10, 2024
VanEck is making its first entry into the venture capital industry, aiming to invest in fintech, crypto and AI startups. The global asset manager raises $30 million for its first venture fund. VanEck enters venture capital to invest in fintech, crypto and AI startups VanEckthe global investment asset management giantentered the venture capital (VC) sector
October 9, 2024
Free newsletter Receive the latest Swiss Fintech news once a month in your inbox Venturelab announced the seventh edition of the Venture Leaders Fintech roadshow with a selection of ten ambitious Swiss fintech startups ready to increase their presence and accelerate their growth on the international scene. From December 2 to 6, the 10 startups
October 9, 2024
South African fintech startup Scale, an issuer orchestration platform and payments tool, has raised US$700,000 in pre-seed funding to accelerate its expansion into Kenya, Ivory Coast and Zambia . Founded last year by Miranda Perumal, Ladder specializes in issuing cards that help fintechs achieve their go-to-market and speed-to-revenue strategies, leveraging their expertise and innovative technology
October 8, 2024
Young fintech startup OpenBB reveals the next step in its plan to take on the heavyweights of the investment research world. The company is launching a new free version of a product that will open its arsenal of financial data and tools to more users. OpenBB is the work of a software engineer Didier Lopeswhich
October 8, 2024
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Tenity, an innovation ecosystem specializing in early-stage fintech startups, is calling for applications for the ninth batch of its accelerator program in Singapore. THE Fin/Tech Accelerator Tenity Singapore The program aims to support start-up businesses looking to grow and enter
