Visa to invest $100m in GenAI firms focused on commerce and payments
The initiative will be led by Visa Ventures, the global payment giant’s corporate investment arm.
News, intelligence and resources on the global fintech industry including topics such as investment & funding.
The initiative will be led by Visa Ventures, the global payment giant’s corporate investment arm.
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
The latest fundraise comes months after AlphaSense secured $100m in Series D funding led by Alphabet’s CapitalG.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The New York-based firm intends to invest the funding into its wealth management portal and talent.
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
The investment follows one year after PortX raised $10 million in its Series A funding round.
Slope plans to leverage new investor Sam Altman’s “extensive” AI experience to scale its platform.
The round consists of $50 million in debt funding and $12 million in equity.
The round was led by Framework Venture Partners, with participation from additional investors.
We catch up with Arvind Purushotham of Citi Ventures to discuss the current fintech funding landscape.
Our weekly fintech round-up for you to get the latest funding news from around the world.
With Sibos 2023 taking place in Toronto, Canada, we take a look at the country’s growing fintech scene.
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
The funding came from Kedaara Capital, and existing backers Warburg Pincus and Bessemer Venture Partners.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Denodo intends to leverage the funding and TPG’s “deep experience” to expand globally.
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Fundraising is a mix of understanding investor psychology and positioning your start-up to capture the narrative.
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
The US bank first bought a stake in C6 in June 2021.
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
Lighter Capital is aiming to fund “hundreds” of early-stage technology companies.
We ask Arbour Partners CEO James Newsome how fintech has impacted the private equity and private credit landscape.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Our weekly fintech round-up for you to get the latest funding news from around the world.
LemFi was founded in 2020 to provide immigrants with better access to financial services.
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
H1 2023 investment activity totalled $353.7m across 57 deals, down from $1.09 billion across 87 deals in H2 2022.
The firm’s new $5.8bn valuation represents a 28% drop from its $8.1bn valuation back in March 2022.
We ask three veteran investors which areas of fintech are currently most vulnerable.
Three seasoned investors discuss which fintech trends the industry should be keeping an eye on.
The company attributed the performance to hiring costs and US competition.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.