Nordic Capital is making a strategic investment in One Inc, a digital payments platform for the North American insurance industry. Nordic Capital will join Great Hill Partners as an investor in One Inc, with the two investors having an equal stake to each other alongside...
Japan’s SoftBank is reportedly weighing an investment in French artificial intelligence (AI) startup Mistral AI. The tech giant has shown interest in backing Mistral the next time it does fundraising, Bloomberg News reported Thursday (March 14), citing sources with knowledge of the matter. The sources said any deal...
PPRO has raised 85 million euros ($93 million) to expand and enhance its local payments platform. The company will use the new funding to grow in key markets and enhance its global network of local payment methods, PPRO said in a Wednesday (March 13) press...
AI-based workflow automation platform Nanonets has raised $29 million in new funding. The company’s Series B round, announced Tuesday (March 12), comes as roughly a third of Fortune 500 countries have used Nanonet’s artificial intelligence (AI)-based workflow automation for finance, accounting, operations and other uses. “The internet was going...
PayShepherd has raised $7 million in a seed funding round for its vendor relationship management platform designed for heavy industry firms. “This new funding will accelerate the execution of our mission: protecting mission-critical relationships between industrial operators and their vendors and enabling our clients to...
Zama, a specialist in the field of cryptography, has secured $73 million in a Series A funding round to grow its Fully Homomorphic Encryption (FHE) solution. The company will use the new funding to advance its research, extend its runway and champion its partners who...
New York Community Bancorp (NYCB) announced a $1 billion equity investment and several leadership changes. The new investment comes from several sources, the lender said in a Wednesday (March 6) press release. Liberty Strategic Capital is expected to invest $450 million, Hudson Bay Capital will invest $250 million and Reverence Capital...
Cryptocurrency payments company Baanx has reportedly raised $20 million. The firm will use the Series A funding to help it introduce its services in the U.S. and Latin America, Chief Commercial Officer Simon Jones told Coindesk Tuesday (March 5). “Over the past 12 months, we have been building...
Coverdash has raised $13.5 million in Series A funding to expand its embedded insurance offering. The company will use the new funding to expand its embedded partner network, grow its internal team and broaden its insurance carrier panel, Coverdash said in a Wednesday (Feb. 28)...
