Plaid has held preliminary discussions with banks about a potential initial public offering, Bloomberg reported Wednesday (July 1), citing unnamed sources. The company is considering the move but has not made a final decision, according to the report. Plaid did not immediately reply to PYMNTS’...
Twelve Labs argues that AI is leaving a text-based era and pivoting to video. Now, the artificial intelligence (AI) startup has $100 million in new funding to explore that idea, according to an announcement on its blog Wednesday (July 1). “Five years ago, we began with a simple...
MGX has raised $49 billion for its new MGX Fund I to make investments across the artificial intelligence technology stack. The Abu Dhabi-based technology investment firm launched the fund “to provide highly curated exposure to the AI thematic through disciplined investments in differentiated and restricted...
Small business-focused marketing platform Pie has emerged from stealth with $19.5 million in new funding. The company announced the new financing Tuesday (June 30) along with the launch of Front Desk, an artificial intelligence (AI) tool that answers calls for small business owners around the clock, takes bookings...
Google Ventures has helped raise $30 million in funding for space-focused cross-border payments FinTech Nebex. The company’s seed round, announced Monday (June 29), will help it expand its platform and link sovereign space programs with the founders and companies developing new technologies to serve the space industry. In an interview with Bloomberg...
Quantifind has secured a $200 million growth investment to accelerate the international expansion of its artificial intelligence (AI)-native risk intelligence platform for financial crime prevention. The company’s Graphyte platform is used by multinational financial institutions and government agencies to combat financial crime. It uses internal and external...
OpenAI is considering delaying its initial public offering until 2027 due to recent volatility in tech stocks, Bloomberg reported Thursday (June 25), citing a paywalled article by The New York Times. The artificial intelligence startup’s advisers have told it that this volatility could reduce retail...
Business payments and financial platform Airwallex has raised $320 million in new funding. This Series H round brings Airwallex’s valuation to $11 billion, and will help it develop autonomous finance and agentic commerce and extend its infrastructure and regulatory presence into new markets, the company...
Kalshi’s CEO has confirmed the company wants to go public, though not right away. Tarek Mansour said in a CNBC interview Wednesday (June 24) that the prediction market is in the early stages of planning an initial public offering (IPO). He added the listing won’t happen this...