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...
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 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....
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,...
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 […]
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,...
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...
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...
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 […]
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...
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...
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...