Monzo’s EU Chief Leaves Neobank to Launch Robotics Startup | PYMNTS.com
Monzo’s European CEO is reportedly leaving to launch a robotics-focused startup for people with disabilities. Michael Carney is stepping down…
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Bolt Seeks Up to $27 Million as CEO Works to Revive Payments Startup | PYMNTS.com
Ryan Breslow is seeking up to $27 million in bridge financing for Bolt, the payments startup he co-founded, as he…
Nvidia Nearing $13 Billion Deal For AI Startup Hugging Face | PYMNTS.com
Nvidia is reportedly close to acquiring the artificial intelligence platform Hugging Face. Nvidia and Hugging Face have held discussions about…
FGV Announces $35 Million Fund For AI-FinTech Startups | PYMNTS.com
Venture capital firm Fiat Ventures is rebranding after closing its oversubscribed $35 million fund. The fund invests in early-state startups…
FinTech Navi Targets $2 Billion Valuation in India IPO | PYMNTS.com
FinTech startup Navi is preparing to launch its initial public offering in India and will seek a valuation of as…
Stripe’s OpenRouter Bid 70 Times Company’s Annual Revenue | PYMNTS.com
If the deal goes through at that amount, Stripe would be paying roughly 70 times OpenRouter’s annualized revenue, The Information…
Medical AI Startup OpenEvidence Weighs $200 Million Funding Round | PYMNTS.com
Medical-focused artificial intelligence startup OpenEvidence has reportedly considered raising $200 million at a $20 billion valuation. However, the company is…
AI Banking Platform Flex Secures $1.2 Billion Valuation | PYMNTS.com
Flex, a 3-year-old startup offering artificial intelligence-powered banking solutions for medium-sized business owners, was valued at $1.2 billion in a…
Flutterwave Valuation Hits $3.3 Billion Following Ripple Investment | PYMNTS.com
Africa-focused FinTech startup Flutterwave has reportedly sold an equity stake to blockchain company Ripple. This investment lifts Flutterwave’s valuation to…
Mercury CEO Says AI Is Breaking the Old Startup Model | PYMNTS.com
The distance between an idea and a functioning business has rarely been shorter. Entrepreneurs operate in a business environment where…
Branch International Cuts Staff in Africa Amid $30 Million Profit | PYMNTS.com
Visa-backed digital lending startup Branch International is reportedly cutting staff at its Kenyan and Nigerian offices. That’s according to a…
DeepSeek Shuns Short-Term Profits While Seeking $45 Billion Valuation | PYMNTS.com
DeepSeek is in advanced discussions for a funding deal that could raise $10 billion and value the company at $45…
Aumet Raises $12 Million for AI-Driven Pharmaceutical Procurement | PYMNTS.com
Healthcare procurement startup Aumet raised $12 million in Series A funding as the company looks to expand its artificial intelligence…
Corporate Card Startup Parker Folds After Failed Acquisition | PYMNTS.com
Corporate credit card startup Parker has apparently shut down after declaring bankruptcy. The company filed for Chapter 7 bankruptcy protection last week…
Mission Lane Credit Card Startup Wants to Become National Bank | PYMNTS.com
The company has applied to federal regulators in hopes of reaching this goal, Bloomberg News reported Monday (April 20), citing its banking…
Retailers Bet on AI Fitting Rooms to Slash Costly Returns | PYMNTS.com
Online shopping has made buying and returning clothing seamless for consumers. But for retailers, returns have become an expensive problem:…
Bolt Cuts Third of Staff Amid New AI Focus | PYMNTS.com
Bolt has cut at least a third of its workforce amid reports of financial pressures. The move by the one-click…
Tom Brady’s eMed Health Startup Scores $2 Billion Valuation | PYMNTS.com
Miami-based, GLP-1-focused digital healthcare startup eMed is now a $2 billion-plus company. The company announced that valuation Thursday (March 26)…