AI Washing Gains Traction: Red Flags to Watch Out For
While we haven’t yet figured out how to prevent greenwashing in the corporate space, a new threat arises in the form of AI washing. What is it and how do we deal with AI washers? Let’s explore.
startup
Rogo Raises $50 Million
Technology startup Rogo raised $50 million to build an artificial intelligence-powered Wall Street analyst.
Lending Club Acquires Cushion AI Tech & Expertise
Cushion AI technology will help Lending Club customers track bills and recurring payments, manage subscriptions, build credit history, and monitor buy now, pay later (BNPL) loans.
GreenFi Launches to Combine Personal Finance With Climate Care
After the 2024 asset buyout, the former Aspiration’s consumer fintech division re-launches as a climate-friendly banking startup, GreenFi.
AI Startups Raise $73B in Q1
Over half of the quarterly AI startup investments were brought in by a March $40 billion funding round secured by the industry leader – OpenAI.
Alphabet Reportedly Approaches to $30 Billion Acquisition of Wiz
The media published information according to which Alphabet, Google’s parent company, is nearing the conclusion of the deal to acquire the startup Wiz, which operates in the cybersecurity area.
Yuno and Snoonu to Boost Qatar Payments
Snoonu, Qatar’s leading super app, will be leveraging the capabilities of Yuno payment orchestration platform to improve digital transaction efficiency.
Olas Launches First AI Agent Marketplace
Agentic AI infrastructure startup Olas has introduced another innovative platform – a pioneering decentralised AI agent marketplace that functions with zero human intervention.
Figure AI Transforms Humanoid Robotics With Vision-Language-Action Model Helix
Helix robots can understand and execute commands expressed in everyday language, possessing high-frequency, continuous control over the entire humanoid upper body.
CredCore Raises $16 Million to Disrupt Enterprise Debt Investment with AI
The $16M Series A funding round led by Avataar Ventures will help CredCore, an AI-driven startup, to enhance transaction efficiency in the enterprise debt investment sector, enabling clients to expand their teams and increase their assets under management (AUM).
Affinity Africa Raises $8M to Expand Affordable Banking for Individuals and MSMEs
Affinity Africa, a Ghana-based digital banking platform, raised seed funding to provide affordable and accessible financial services to underserved and unbanked individuals and micro, small, and medium enterprises (MSMEs).
BNPL Startup Tabby Prepares for IPO with Top Banks’ Help
One of the Middle East’s first fintech unicorns, BNPL startup Tabby is consulting with HSBC, JPMorgan, and Morgan Stanley ahead of its prospective IPO.
AI Funding Surges 62% Despite Overall Decline
In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.
Cashfree Payments Secures $53M to Boost Market Reach
The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.
Olas Secures $13.8M Funding to Launch AI Agent App Store
Olas has just secured $13.8M to unveil Pearl, the world’s first “agent app store” that lets anyone deploy and manage AI agents as effortlessly as downloading an app.
Slice Bank Seeks Financing to Expand
Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.
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