funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024  |  Investments

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. “The Series F...

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TikTok Shop Turns to Storfund to Improve Seller Cash Flow
TikTok Shop Turns to Storfund to Improve Seller Cash Flow
October 07, 2024  |  eCommerce

TikTok Shop has teamed with Storfund to offer sellers an embedded cash flow solution. The new offering, dubbed Daily Advance, is the first of its kind in a...

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Open Banking Provider TrueLayer Raises $50 Million to Grow European Network
Open Banking Provider TrueLayer Raises $50 Million to Grow European Network
October 04, 2024  |  Investments

TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. The company currently...

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AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
AI Money: OpenAI Secures $6.6 Billion as Startup Poolside Nets Funding for ‘Human-Level’ AI
October 03, 2024  |  Artificial Intelligence

In a whirlwind of investment activity, artificial intelligence companies secured unprecedented funding. OpenAI led the pack at a $6.6 billion raise. Poolside secured $500 million...

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Fidelity Takes VC Plunge, Raises $250 Million for Tech Investments
Fidelity Takes VC Plunge, Raises $250 Million for Tech Investments
October 02, 2024  |  Investments

Fidelity raised $250 million for its first fund devoted to venture capital. The Boston-based asset manager’s latest push into the private asset space — Fidelity...

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OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
OpenAI Market Cap Rivals Uber, AT&T After $6.6 Billion Fundraise
October 02, 2024  |  artificial intelligence

OpenAI has reportedly raised $6.6 billion in new funding, nearly doubling its valuation. The artificial intelligence (AI) startup is now valued at $157 billion, The...

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OpenAI Reportedly Slated for $500 Million SoftBank Investment
OpenAI Reportedly Slated for $500 Million SoftBank Investment
September 30, 2024  |  Investments

Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round. The $500 million investment would come from the bank’s Vision Fund, The...

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Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
September 30, 2024  |  Investments

HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore...

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Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
Apple Reportedly Exits OpenAI’s $6.5 Billion Funding Round
September 29, 2024  |  artificial intelligence

Apple has reportedly stepped back from talks to invest in a massive OpenAI funding round. That round is expected to raise up to $6.5 billion,...

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