ElevenLabs Raises $80 Million for AI Projects
The startup ElevenLabs, which uses artificial intelligence software to replicate voices in more than 20 languages, has conducted a new round of funding.
Investing - page 21
World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year
The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.
Goldman Sachs Increases Loan Facility to Hong Kong Fintech Firm FundPark
Hong Kong-based fintech startup FundPark, which specializes in providing trade finance to small and medium-sized enterprises, announced that it managed to raise $500 million from Goldman Sachs.
N26 Rolls Out Stock & ETF Trading
German online bank N26 has launched the long-anticipated Stock and ETF trading product that will allow its customers to buy and sell stocks and ETFs in-app for 0.90 EUR per trade.
Amazon Portfolio Reaches Over 500 Solar and Wind Projects Globally
Amazon invested in more than 100 new solar and wind energy projects in 2023, expanding its portfolio to a size big enough to power 7.2 million U.S. homes annually.
Dataroid Raises $2 Million
Dataroid, a major player in the digital analytics and customer engagement industry, has announced that it has managed to raise $2 million in investment funds.
Digital Onboarding Raises $58 Million
Digital Onboarding has announced that it has managed to raise funds for $58 million from the investment firm Volition Capital to realize the intention to expand its digital interaction platform for banks and credit unions.
BNPL Provider Billink Raises $32 Million
Billink, a Buy Now, Pay Later (BNPL) service provider, has announced that it has managed to raise $32 million in investment funds.
Zilo Raises £25 Million in Series A
British asset and wealth management software provider Zilo has announced that it has managed to raise 25 million pounds in a Series A funding round.
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.
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.
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.
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.
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