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.
News - page 179
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.
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.
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.
CuspAI Raises $30 Million
CuspAI, a company based in Cambridge, United Kingdom, was able to secure $30 million.
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.
Kfund Raises $75 Million
The Spanish venture capital company Kfund reported that it managed to raise $75 million in investment funds.
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.
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.
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.
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.
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.
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.
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.
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.
China’s Central Bank Leaves Key Rate Unchanged
The People’s Bank of China has decided to leave the key interest rate unchanged.
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