Worldline is reportedly taking action to address its recent share price slump and reassure shareholders. In an effort to restore investor confidence, the Paris-based payments group has engaged the services of Morgan Stanley and Rothschild & Co. to develop a defense strategy and explore options, Reuters...
TPG, a global alternative asset management firm, will make a strategic growth investment of up to $228 million in Sayari Labs, a counterparty and supply chain risk intelligence provider. This partnership aims to support Sayari’s global expansion and the launch of a new supply chain...
London-based FinTech company Detected secured 2.2 million euros (about $2.4 million) in funding for its business onboarding intelligence offering. The capital injection will enable Detected to further develop its technology and implement a growth strategy, EU-Startups reported Monday (Jan. 15). Detected did not immediately reply...
Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding. The funding round was led by Antler Elevate with participation from new investors PayPal Ventures, Samsung Next and partners from DN Capital, as well as existing backers, Prometeo said in...
Artificial intelligence (AI) and robotics company 1X has raised $100 million in Series B funding. The company will use the new funding to bring to market its second-generation android called NEO, which is a bipedal humanoid designed to perform a variety of everyday tasks in consumers’ homes, 1X...
Car subscription provider Finn raised 100 million euros (about $110 million) in a Series C equity funding round. The firm will use the new capital to increase the share of electric vehicles (EVs) in its fleet from 40% to 80% by 2028, Finn said in...
Swiss FinTech Rivero plans to expand to new markets after raising $7 million. Rivero, which specializes in digitization and automation of payment processes, announced the Series A funding round in a Thursday (Jan. 11) press release, saying it would help the company speed growth across...
Sway, formerly known as ReturnMates, has rebranded and raised $19.5 million in a Series A round to build a “customer-centric” delivery and returns platform. The company will use the new funding to grow its team, enhance its technology and expand its coverage from 20 cities...
Microsoft’s AI investments have helped it surpass long-time rival Apple as the world’s most valuable company. Shares in the software company climbed early Thursday (Jan. 11) to bring its market value to $2.87 trillion, ahead of that of Apple, the Financial Times (FT) reported. As the morning progressed,...
