Maximum emerged from stealth Monday (Aug. 3) and said it raised $30 million in a seed round to build an artificial intelligence (AI)-native operating system for banks. Maximum Founder Randy Fernando previously founded the FinTech companies Vault and Power and sold Vault to Acorns in...
Polymarket reportedly hopes to raise funds at a valuation north of $20 billion. The prediction markets company is in early discussions with prospective investors to raise about $1 billion, Bloomberg News reported Tuesday (Aug. 4), citing sources familiar with the matter. Assuming the round closes,...
Horizon3 raised $250 million in a Series E funding round to continue growing its NodeZero platform that uses artificial intelligence to defend against AI-driven cyberattacks. The round tripled Horizon3’s valuation to over $2 billion, up from the $650 million valuation it achieved about a year...
Venture capital group Index Ventures has raised $2 billion, giving it $3.5 billion in total capital. Index said the new funding, announced last week, will let it back founders at a range of growth stages, highlighting opportunities in the artificial intelligence (AI) space. “AI is...
Venezuela-based pay later FinTech Cashea has raised $100 million in new funding. The company says the new investment will allow it to develop new financial products and improve on its technology while also letting it support initiatives like Generación Impulso, which provides 7,800 teenagers with programming and robotics training....
Agentic customer interaction platform Encore AI has raised $30 million in new funding. The company will use its Series A round, announced Wednesday (July 29) to expand the global deployment of its enterprise artificial intelligence (AI) program, designed to help companies increase revenue with every...
Freehand raised $75 million to scale its autonomous artificial intelligence (AI) agents that manage supply chain spend for global enterprises. These agents automate procurement, supplier management, invoicing and payments, the company said in a Wednesday (July 29) press release. The agents can negotiate rates, enforce contracts, manage suppliers,...
Credit union service organization (CUSO) InvestFi raised $20 million for its embedded investing platform that enables American credit unions and community banks to offer their customers digital investing directly within online banking. The company’s platform supports investing directly from checking or savings accounts, allowing financial...
Shein is cooperating with a U.S. Federal Trade Commission (FTC) investigation into the company’s U.S. business operations, it said in a document related to its planning Hong Kong initial public offering and filed with The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission. The company said in the document...