Co-branded credit card startup Imprint is now a billion-dollar company. The new valuation — at $1.2 billion, to be precise — came as the company raised $150 million in a Series D round announced Wednesday (Dec. 17). Imprint says it will use the funding to...
Revenue platform Sequence has secured $20 million in new funding. The company says its Series A round, announced Tuesday (Dec. 16), will allow it to continue what it calls the work of eliminating “the most manual and painful parts of revenue operations.” This includes things...
Speed raised $8 million to accelerate the growth of its payments solutions built on the Bitcoin Lightning Network. The company will use the new funding to build capacity, expand to new regions, develop more merchant tools, enable cross-border and creator payouts, and maintain reliability and...
Thread Bank has raised $30.5 million to promote its embedded banking strategy. The new funding, announced Tuesday (Dec. 16), comes in the form of a $27.6 million initial raise and a $2.9 million extension, the lender said. “From the outset, our mission at Thread has...
Data analytics/artificial intelligence (AI) firm Databricks is reportedly raising $4 billion in a new funding round. This Series L round would value the company at $134 billion, up 34% from its last session of funding during the summer, the Wall Street Journal (WSJ) reported Tuesday...
Vehicle-focused lending platform Octane has raised $100 million in equity capital. The Series F funding round allows Octane to accelerate its market penetration and deepen its product offering, the company said in a Monday (Dec. 15) news release. “Building on our strong foundation, this capital...
A new analysis from Citizens Bank finds prediction markets becoming an emerging asset class. The bank’s findings, flagged Monday (Dec. 15) in a CoinDesk report, come amid steady growth for platforms such as Robinhood, Kalshi and Polymarket. According to the report, Citizens’ analysts argue that...
Cryptocurrency exchange HashKey is set to raise $206 million after pricing its initial public offering, Reuters reported Monday (Dec. 15), citing an unnamed source. HashKey, founded in 2018, is Hong Kong’s largest licensed crypto exchange, the report said. Its other services include asset management, brokerage...
Microsoft has pledged $17.5 billion for artificial intelligence (AI) and cloud computing in India. The investment, which the company called its largest ever in Asia, was announced Tuesday (Dec. 9) after CEO Satya Nadella met with Indian Prime Minister Narendra Modi to discuss the country’s AI vision. “Microsoft’s investment in...