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…
Tag: PYMNTS News
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)…
Shield AI Seeks $1 Billion to Lead Global Defense Tech Surge | PYMNTS.com
Defense technology startup Shield AI is in talks to raise up to $1 billion in a funding round that would…
Tandem Technology to Raise $100 Million for Prescription Automation | PYMNTS.com
HealthTech startup Tandem Technology achieved a valuation of $1 billion, Bloomberg News reported Monday (Jan. 26). The company, which aims…
AI Startups Hit Unicorn Status at Seed Stage | PYMNTS.com
The artificial intelligence (AI) funding boom shows no signs of slowing as deep tech startups capture massive capital even before…
Mastercard Expands Startup Engagement Program to Include Agentic Commerce | PYMNTS.com
Mastercard has expanded its startup engagement program Start Path to include agentic commerce and services. This new part of the program…
Nvidia Looks to Acquire Israeli AI Startup AI21 Labs | PYMNTS.com
Nvidia is reportedly in advanced discussions to acquire Israeli artificial intelligence (AI) startup AI21 Labs. The company is among the few startups…
Former FTX President Brett Harrison Raises $35M for New Startup | PYMNTS.com
Ex-FTX executive Brett Harrison raised $35 million for his perpetual futures exchange startup, The Information reported Tuesday (Dec. 23). The…
Meta AI Chief’s Startup Seeks $3 Billion Valuation Before Launch | PYMNTS.com
Meta’s chief AI scientist is reportedly in early talks to raise $585 million for his new startup. That’s according to…
AI Health Startup Function Raises $298 Million – PYMNTS.com
Function Health, a startup focused on AI-centered health testing, has raised $298 million. “Function is redefining preventive healthcare by making…
Mastercard Announces Latest Cohort of Start Path Emerging Fintech Program | PYMNTS.com
When selecting these startups during a competitive global selection process, Mastercard looked for unique expertise in high-growth sectors and, in…
Ex-OpenAI Tech Chief Raises $2 Billion for New AI Startup | PYMNTS.com
Thinking Machine, a startup founded by an ex-OpenAI executive, is now a $10 billion company. The artificial intelligence (AI) firm…