PayPal Funds Crypto Payment Startup Mesh With PYUSD Stablecoin
PayPal has invested in Mesh, a crypto-friendly embedded finance solution, almost completely funding the investment with PayPal USD (PYUSD) – Ethereum-based stablecoin.
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AI Startup Sierra Reportedly Plans to Raise $85 Million
The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.
B2B Provider Mondu Raises $33 Million
B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).
Publicis Plans €300 Million AI Investment
Publicis Groupe SA has announced its intention to invest €300 million in artificial intelligence over the next three years.
RagaAI Secures $4.7 Million
The startup RagaAI, which was founded by technology veteran and former Nvidia executive Gaurav Agarwal, raised seed funding for $4.7 million.
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.
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.
