Startups news and trends

FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season
IPO // July 12, 2024

Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart shares gathered more than 16% through the week.  Upstart announced that  Texans Credit Union, one...

Forestay’s New $220M Fund Targets the ‘Inflection Point’ in AI Startups
Investments // July 11, 2024

High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments, VC companies can still find plenty of opportunity. It’s a formula that Geneva-based Forestay Capital...

Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’
Investments // July 10, 2024

Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies....

Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund
Investments // July 03, 2024

European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is the second fund from the VC firm that focuses on enterprise technology companies, targets those at the early growth stage,...

Interviews & Exclusives
FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season

July 12, 2024
Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart shares gathered more than 16% through the week.  Upstart announced that  Texans Credit Union, one of the largest credit unions in Texas with more than […]

Forestay’s New $220M Fund Targets the ‘Inflection Point’ in AI Startups

July 11, 2024
High interest rates usually spell trouble for venture capital (VC) firms. But with a hot hand to play like AI and cybersecurity, and a shrewd evaluation strategy for potential investments,...

Chief Architecture Officer? CFOs Learn to Design Business Growth

June 10, 2024
Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at...

Venture Capital Has a New Secret Weapon: AI

April 03, 2024
In the venture capital (VC) world, artificial intelligence (AI) is no longer just a hot sector to pour money into — it’s now an essential tool for making savvy investment...

Quick Reads
Index Ventures Raises $2 Billion Amid AI ‘Platform Shift’

July 10, 2024
Index Ventures has raised more than $2 billion for artificial intelligence (AI) projects. The venture capital (VC) firm announced the fund Wednesday (July 10), saying it would divide the $2.3 billion it had raised into two funds: $800 million earmarked for early-stage startups and the remainder for latter-stage companies. “It’s an incredibly exciting time to invest,” Jan Hammer, a partner at […]

Forestay Capital Targets Enterprise AI, SaaS With $220 Million Fund

July 03, 2024
European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is the second fund from the...

FundPark Gets $250 Million for Chinese Working Capital Projects

June 25, 2024
Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has received this year, Bloomberg reported...

Getir to Split Into 2 Companies in Restructuring

June 24, 2024
Turkish food delivery startup Getir will be divided into two companies as part of a restructuring that will bring in an investment of $250 million by Mubadala Investment Co. This...