Block’s stock recovered late last week after it issued a detailed response to a short seller’s negative report. On March 23, Hindenburg Research published a report accusing the payments company of inflating the user base of its Cash App money transfer platform and permitting criminal...
Steer Technologies has completed a previously announced sale of 37.5% of its digital restaurant supply business. With the completion of this $18 million direct investment, the digital restaurant supply business has a post-money valuation of $47.14 million and is set to grow its subscription-based and...
Cryptocurrency wallet manufacturer Ledger has announced its Series C extension fundraising round. The firm offers hardware wallets that store crypto users’ private keys in a secure device, isolating the keys from a computer or smartphone that could be hacked, according to the company’s website. With...
DWF Labs has reportedly invested $40 million in Fetch.ai. Fetch.ai will use the new funding from the global digital asset market maker and Web3 investment firm to further its aim of providing an autonomous machine-to-machine ecosystem to help developers deploy and monetize their applications, CoinDesk...
African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing in the U.K. and Canada — the company has offices in Rwanda and Vancouver – while also expanding its operations...
Hazy has raised $9 million in Series A funding for its synthetic data solutions. The London-based firm uses artificial intelligence (AI)-generated synthetic data with no real information to replace real data, thereby eliminating privacy risks while preserving statistical quality. The data is used in AI...
Raisin has gained 60 million euros (about $64.7 million) in a Series E round. The Berlin-based FinTech company will use the new funding to add new features to its investment and savings platform, further simplify the processes on the platform and accelerate its growth in...
Vital has raised $24.7 million in Series B funding for its artificial intelligence (AI)-powered healthcare solutions. The company helps hospitals better communicate with patients by providing solutions that are accessible via the patient’s mobile phone and enable them to see their progress toward discharge, request...
Thunes has raised $30 million in Series C funding for its cross-border payments solutions. The firm disclosed in a filing with Singapore’s Accounting and Corporate Regulatory Authority that one of the investors with which it engages, Marshall Wace, invested $30 million in the round, Thunes...
