News - page 108

Fintech & Ecommerce

Mexican Fintech Platform Clip Raises $100 Million

The Mexican digital payments and e-commerce platform Clip has announced that it has raised $100 million in financing.

Fintech & Ecommerce

Ant International Unveils MSME Digital Lending Service Bettr

bettr platform by Ant International aims to make financing simpler and more accessible for micro and small businesses (MSMEs) in select markets.

Fintech & Ecommerce

Fintech Zilch Taps Deutsche Bank to Raise £100 Million Debt

Fintech company Zilch Technology Ltd., which is based in the United Kingdom, raised 100 million pounds ($127 million) as part of the deal on securitized debt financing.

Science & Technology

Ukraine Ranks 2nd Among the Countries With Most AI Startups in Central and Eastern Europe

Ukraine is home to over 240 companies that deal with artificial intelligence (AI), while the number of AI professionals has grown fivefold over the last decade.

Science & Technology

Nvidia Surpasses Microsoft as World’s Most Valuable Company

Nvidia, the main beneficiary of the ongoing scaling process of the so-called artificial intelligence boom on Wall Street, has become the most valuable company in the world.

Science & Technology

CuspAI Raises $30 Million

CuspAI, a company based in Cambridge, United Kingdom, was able to secure $30 million.

Blockchain & Crypto

Crypto Startup Funding Hits $100 Billion

Startups operating in the cryptocurrency industry have been able to raise more than $100 billion in venture funding since the founding of this sphere of activity.

Science & Technology

Kfund Raises $75 Million

The Spanish venture capital company Kfund reported that it managed to raise $75 million in investment funds.

Society & Lifestyle

IFC and EPIC Group Partner to Support Sustainable Textile Manufacturing in Bangladesh and India

The International Finance Corporation (IFC) partnered with EPIC Group, a leading player in the global apparel industry and a sustainable fashion company, to help finance its green capital expenditure program and support sustainable textile facility expansion in Bangladesh and India.

Fintech & Ecommerce

Instacart Introduces YouTube Shoppable Ads for CPG Brands

Instacart is extending its first-party retail media data to YouTube, offering more shoppable ad opportunities for its consumer packaged goods (CPG) advertisers.

Fintech & Ecommerce

Stripe Plans to Let Employees Cash Out Shares

Stripe fintech company intends to provide its employees with the opportunity to cash out some of their shares.

Science & Technology

India’s AI Aspirations Raise Multibillion Investments

Currently, India is striving to develop as a kind of technological center and is making concrete efforts in a practical dimension aimed at achieving the corresponding goal, which already has certain results in the form of investments from companies belonging to the Big Tech category from abroad.

Science & Technology

NATO $1.1B Innovation Fund Makes First Investments Into AI, Robots and Space Tech

The first deep tech investments of the NATO Innovation Fund address challenges in defence, security and resilience, while helping advance innovation in novel materials and manufacturing, AI and robotics.

Science & Technology

Aim Security Raises $18 Million

Aim Security, a company that assists enterprises in the safe implementation of artificial intelligence, announced that it managed to raise investment funds for $18 million.

Science & Technology

US Sues Adobe for Hiding Fees

On Monday, June 17, the United States government sued Adobe, maker of Photoshop and Acrobat, accusing the company of harming consumers by hiding high fees for terminating subscriptions in the most popular tariff plan and making it difficult to cancel subscriptions.

Finance & Economics

China Seeks to Make Green Hydrogen One of Pillars of Economy

Last week, at the International Carbon Neutrality Expo in Shanghai, many scale models were presented that allowed experts to form a preliminary idea of how China intends to use hydrogen energy.