Middle market companies are the most active embedded finance upgraders, but they also report the greatest difficulty connecting those investments to business strategy. Among firms with $250 million to $1 billion in annual revenue, 45% cite strategic alignment, decision making and return on investment as...
Bird, a provider of communications infrastructure for businesses and artificial intelligence (AI) agents, secured $450 million in debt financing, Bird Founder and CEO Robert Vis said in a Wednesday (Sept. 23) blog post. The financing includes a $400 million term loan and a $50 million revolving credit facility, and...
Blockchain.com users may get access to tokenized U.S. exchange-listed equities and exchange-traded funds on the NYSE’s upcoming digital alternative trading system (ATS), the companies said in a Wednesday (Sept. 23) press release. That capability is outlined in a memorandum of understanding signed by Blockchain.com, a provider of crypto services...
Venture capital firm Andreessen Horowitz launched an alternative school for rising tech talent, The Wall Street Journal reported Tuesday (Sept. 22). The idea is to keep budding entrepreneurs from dropping out of school to launch a company and instead attend the Horowitz Andreessen Academy, according...
Coinbase said it is expanding access to primary financial markets by bringing initial public offering (IPO) allocations to retail traders in the U.S. Starting with Oura’s IPO this week, eligible customers can request shares at the offer price before the beginning of open-market trading, the...
Paymob, an Egypt-based FinTech company, raised $35 million in pre-Series C funding, the company said in a Monday (Sept. 21) post on LinkedIn. Paymob said in the post that it will invest the new funding in “wider payment coverage across our [Middle East and North...
Anthropic plans to launch its initial public offering in November, later than the October debut many investors had expected, The Wall Street Journal reported Friday (Sept. 18), citing unnamed sources. The November date may have been chosen to allow Anthropic to share its third-quarter financials,...
Revolut’s co-founder and CEO says the FinTech is considering a dual London and New York stock market listing. In an interview Thursday (Sept. 17) with French newspaper Les Echos, Nik Storonsky said the company wanted to list in the U.S. as the market there provides more liquidity and a...
Saudi Arabia-based buy now, pay later FinTech Tabby has raised $230 million in new funding. The financing, announced Monday (Sept. 14), values Tabby at $6.5 billion and will be used to expand the company’s buy now, pay later (BNPL) offering in the Gulf region. “We now have consumer and...