Fintech Funding in US and UK Sees Sharp Decline in 2023
Inflation, increased interest rates, geopolitical instability, and other macroeconomic challenges brought US and UK fintechs 36% and 63% less money last year, respectively.
Investing - page 5
African Fintech Cleva Raises $1.5 Million
Nigerian fintech company Cleva, which specializes in creating a banking platform that allows African businesses and local individuals to access international payments by opening dollar accounts, raised $1.5 million as seed funding.
Investment Trends 2024
2024 may be a challenging year for investors. Although inflation growth has started to slow down, it is still high enough to impede global economies, businesses, and investing capabilities. Therefore, investors should look for market trends that can help them generate positive returns.
Jeff Bezos Invests in Startup Perplexity
Jeff Bezos, the founder of Amazon, became one of the sponsors of the company, which is not yet two years old.
Joe Biden Administration Announces $162 Million to Expand Computer Chip Factories in US
The administration of the President of the United States Joe Biden is allocating $162 million in funding to Microchip Technology as part of support for the homegrown production of computer chips.
Global Startup Funding Decreases 38% in 2023
Global startup funding declined to the lows last seen in 2018, illustrating a 38% drop year-on-year.
Bumper to Expand Flexible Auto Payments in Europe
Bumper, a fintech company specializing in providing services, related to automotive payments, reported the successful completion of a Series B financing round for $48 million.
Anthropic Reportedly Forecasts $1 Billion 2024 Revenue
The media reports that the startup Anthropic, working in the sphere of artificial intelligence, predicts revenue of more than $850 million in the next year, but there is also information about the company’s more impressive financial prospects.
Adani Green Energy Raises $1.13B to Boost Renewable Energy Transition in India
India’s largest renewable energy developer, Adani Green Energy, said its shareholders will invest INR 9,350 crore ($1.13 billion) in the company to boost its capacity, achieving its stated target of 45 GW by 2030.
Intel to Invest $25 Billion in Israel
Intel has confirmed its intention to invest $25 billion in Israel.
China Stimulates Asia-Pacific Demand for Sustainable Finance
Analysts and fund managers predict that next year, investing in companies and industrial sectors to create a kind of economic base for their transition to a low-carbon future will become the dominant trend in China and the Asia-Pacific region, as demand for sustainable financial products continues to remain high here, despite the current interest rate […]
OpenAI Reportedly Plans to Raise New Funding
Media outlets, citing insiders, report that OpenAI is currently discussing the possible holding of a new round of fundraising for at least $100 billion.
Maximizing your savings: How to find the best APY rates
In a world where financial security is more important than ever, understanding how to maximize your savings is crucial. One key element in this process is finding the best Annual Percentage Yield (APY) rates. APY is a measure used to compare the profitability of different savings and investment accounts, taking into account the effects of […]
Sustainable Tech Funding Stands Strong in 2023: Crunchbase
Despite a significant decrease in startup investment in most industries, sustainable tech funding managed to maintain the 2022 level on a global scale.
Yoti Receives Funding From HSBC
Digital identity company Yoti has received debt financing for 12.5 million pounds from HSBC and another 7.5 million pounds of convertible debt financing from existing shareholders.
Masterworks and the New Era of Blue-Chip Art Investing
Investing in fine art comes with several benefits. Whether you want to diversify your portfolio or maximize returns, the high-end art market offers a lot of value.
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