Nuvei Partners With Adobe to Enhance eCommerce Payments
Canadian fintech company Nuvei has announced the launch of a new global partnership with Adobe to improve the payment transaction process in the sphere of e-commerce.
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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.
China Cuts Banks’ Reserve Ratio
The People’s Bank of China announced a deep cut in bank reserves on Wednesday, January 24.
MIT/IBM Study Denies Economic Feasibility of Major AI Employment Takeover
The new research reveals that the expected automation of around half of all human-performed jobs with the help of AI could come at a premium cost, which employers would likely not be willing to pay.
Fintech Klarna CEO Signals Possibility of IPO
Sebastian Siemiatkowski, Chief Executive Officer of Klarna Bank AB, during a conversation with media representatives, stated a high level of probability that the initial public offering (IPO) of this Swedish fintech giant in the United States will take place shortly, noting that there is no specific time frame for the implementation of the relevant intention.
Netflix to Stream WWE Raw
Netflix Inc. has become the owner of the exclusive rights to Raw and other programming from World Wrestling Entertainment (WWE), which is the first major step by the media industry giant towards live streaming of events.
Top Citi Strategist Says About Prospects of Healthy Economic Growth
Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.
Nvidia CEO Makes China Tour
Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.
Crypto’s Terraform Files for Bankruptcy
Terraform Labs Pte., a company specializing in digital assets and co-founded by Do Kwon, has filed for Chapter 11 bankruptcy protection in the United States.
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.
China Actively Buys Chip Gear to Beat US Curbs
In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.
Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
India Is Among Top Fintech Cluster Hubs Globally
The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.
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.
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