Global FinTech company FIS has launched a solution designed to help financial institutions and fund managers serve investors. The new FIS Investor Service Suite is designed to help users optimize customer onboarding and investor screening, automate the investor servicing lifecycle, improve operational efficiency and meet regulatory obligations,...
Mesh secured additional investments to accelerate the growth of its global cryptocurrency payments network. The new funding brings the company’s total capital funding to more than $130 million, according to a Thursday (Aug. 14) press release. “Mesh is uniquely positioned to enable broad usability by...
In the artificial intelligence (AI) model race, news headlines usually congregate around the competition among OpenAI, Google, Anthropic, DeepSeek and xAI. But there are many more startups developing frontier AI models beyond the favored five. Cohere is one of them. On Thursday (Aug. 14), the...
Shares of cryptocurrency exchange Bullish reportedly ended the day of their initial public offering (IPO) 83% higher than the company’s target price. Bullish shares were priced at $37, leapt as high as $118 Wednesday (Aug. 13) after the company began trading on the New York Stock...
OpenAI is reportedly in talks to invest in a new venture that aims to connect human brains with computers. The venture, Merge Labs, seeks to raise $250 million at an $850 million valuation, and much of the funding is expected to come from OpenAI’s venture...
StubHub reportedly plans to launch its initial public offering (IPO) in September. The online ticketing company is looking to start its IPO roadshow after Labor Day (Sept. 1) and make its public debut later that month, CNBC reported Monday (Aug. 11), citing unnamed sources. Reached by...
FinTech IntraFi has reportedly raised upward of $2 billion in the leveraged loan market. That’s according to a report Monday (Aug. 11) from Bloomberg News, which characterized this as a victory for banks against private credit firms, which had in recent months discussed providing a...
Venture capital firm Andreessen Horowitz is reportedly leading a $200 million investment into startup Periodic Labs. The agreement values the months-old artificial intelligence (AI) company $1 billion before the investment, Bloomberg News reported Friday (Aug. 8), citing sources familiar with the matter. One of those sources said that OpenAI had initially agreed...
Cryptocurrency exchange Bullish upped the size of its initial public offering (IPO). The company now plans to offer 30 million shares at a price range of $32 to $33 each, according to a Monday (Aug. 11) filing with the Securities and Exchange Commission. That puts the...