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Nickie Louise @ Startups News 1 place · 08/16/2024 10:06 EDT

British fintech startup Revolut valued at $45 billion after secondary share sale

Revolut’s valuation has surged to $45 billion after a secondary share sale to new and existing investors, positioning the British fintech startup ahead of some of Europe’s largest banks. Announced on Friday, the share sale—which allowed current employees to cash ... Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 08/15/2024 13:51 EDT

Blockchain startup Rivalz Network raises $9M in funding to revolutionize AI with the first AI Intel layer

Two years ago, ChatGPT took the world by storm, marking a major turning point in artificial intelligence (AI). But as AI becomes more mainstream, the focus is now shifting to data provenance, which is set to be the backbone of ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 08/15/2024 12:58 EDT

Fintech startup Amount lands $30M in funding to power digital lending for banks and credit unions

Amount, a fintech startup that provides technology to credit unions, banks, and financial institutions, has secured $30 million in equity funding. This investment is set to bolster its technology and push further into the credit union sector. The round was ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/15/2024 10:21 EDT

Roper acquires Transact Campus for $1.5 billion to expand its education business

Roper Technologies has agreed to acquire Transact Campus for $1.5 billion to enhance its services for higher education institutions and healthcare facilities, the company announced on Thursday. After the acquisition, Transact, known for its campus technology and payment solutions, will ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/15/2024 09:59 EDT

Fintech startup Klarna launches personal accounts and cashback offering to take on banks ahead of IPO

Klarna, the fintech startup known for its buy now, pay later (BNPL) loans, is expanding its services with the launch of a personal account offering deposits and cashback rewards in the U.S. and Europe. This move comes as Klarna prepares ... Read more ›

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Startups News
Daniel Levi @ Startups News · 08/14/2024 20:49 EDT

How to Launch Your Own iGaming Site: A Step-by-Step Guide

According to the data obtained by researchers, revenue in the iGaming market is anticipated to show an annual growth rate of around 5.55%. Furthermore, while user penetration in 2024 is about 2.7%, it’s projected to reach 3.3% by 2029. Interestingly, ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 08/14/2024 17:07 EDT

Truflation Releases its US Inflation Report Update for July 2024: US Economy Grows By 2.8% in Q2

In recent months, the U.S. economy has been dealing with considerable uncertainty, characterized by changing inflation rates, supply chain issues, and shifting consumer habits. Now, Truflation has just come out with its comprehensive, US Inflation Report Update for July 2024. ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/14/2024 12:59 EDT

Crypto exchange VALR now offers Euro wire transfers and EURC token

With cryptocurrency use hitting new heights, Pantera-backed crypto exchange VALR has announced a significant boost to its European operations, adding a fresh option for Euro-denominated transactions. The Johannesburg-based VALR revealed this Wednesday that it is now listing EURO Coin (EURC), ... Read more ›

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Startups News
Daniel Levi @ Startups News · 08/14/2024 12:17 EDT

Crypto.com scores major deal as the official partner of UEFA Champions League

Crypto.com has struck a notable partnership as the exclusive global cryptocurrency platform partner for the UEFA Champions League. Announced on Wednesday, this multi-year deal positions Crypto.com as the sole global crypto sponsor for the prestigious football competition. This agreement marks ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/14/2024 11:47 EDT

Mindbody ClassPass eyes IPO with Goldman Sachs as the lead banker

ClassPass, the subscription-based fitness platform acquired by Mindbody in 2021, is setting its sights on an IPO within the next 12-18 months, with Goldman Sachs tapped as its lead banker, Reuters reported, citing the company CEO. Mindbody, based in California, ... Read more ›

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Startups News
Daniel Levi @ Startups News · 08/14/2024 11:12 EDT

Intel sells stake in UK chip designer Arm as financial woes deepen

Intel woes deepen this week as the former chip giant cuts stake in UK chip designer Arm to cost cuts amid company-wide restructuring. According to a regulatory filing, Intel has sold its 1.18 million share stake in British chip company ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 08/14/2024 10:46 EDT

Solana-based platform Avatar.One helps over 120,000 active users in combating loneliness with 3D AI companions

Loneliness has become a critical issue, affecting people across various age groups and regions. For older adults, loneliness is linked to a 50% higher risk of dementia and a 30% increased risk of stroke. To address this, Solana-based AI companion ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/14/2024 09:46 EDT

Sahara AI raises $43M in funding to solve IP issues facing the AI industry

Sahara AI, a decentralized AI startup co-founded by a University of Southern California associate professor, announced on Wednesday that it has secured $43 million in a Series A funding round to tackle complex copyright and privacy challenges in the AI industry. ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/13/2024 19:00 EDT

Huawei set to launch new AI chip to challenge Nvidia dominance

Huawei is on the verge of launching a new AI chip designed to challenge Nvidia’s dominance in China, the Wall Street Journal on Tuesday, citing sources. The new AI chip, named Ascend 910C, is currently undergoing tests with major tech ... Read more ›

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Startups News
Nickie Louise @ Startups News · 08/13/2024 13:58 EDT

Google launches first AI-powered Android update, new Pixel 9 phones and gadgets lineup

Google on Tuesday unveiled new AI features for Android devices, alongside its latest Pixel 9 smartphones. The company is intensifying its efforts to integrate artificial intelligence into its hardware, aiming to get ahead of competitors like Apple. The introduction of ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 08/13/2024 10:26 EDT

Seattle-based startup ITpipes raises $20M to help cities streamline pipeline inspections

Seattle-based ITpipes, a software startup that helps cities manage the maintenance of underground assets like sewer and storm systems, has secured $20 million in funding from Trilogy Search Partners of Seattle and Dallas-based Miramar Equity Partners. ITpipes provides software that ... Read more ›

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28.11.2024 05:46
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