Banking FinTech Mercury announced it raised $200 million in a funding round that valued the company at $5.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
With 900 million weekly users, $25 billion in annualized revenue and a $14 billion projected loss, OpenAI is preparing to ask the public to buy in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Zerohash is reportedly planning a new funding round following an abandoned investment from Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Healthcare artificial intelligence (AI) company Commure announced Tuesday (May 19) that it has raised $70 million in new financing, achieving a post-money valuation of $7 billion. The Mountain View, California-based company said in a press release that the funding round was led by General Catalyst,...
Radar, an inventory management startup backed by American Eagle Outfitters CEO Jay Schottenstein, has reached a valuation of more than $1 billion following its latest funding round, CNBC reported on Tuesday (May 19). Get the Full Story Complete the form to unlock this article and...
Perpetuals.com Ltd. has launched an artificial intelligence (AI)-powered trading platform that allows users to submit trading strategies without risking their own money. This marks a new attempt to combine crowdsourced investing with algorithmic execution, Bloomberg reported Tuesday (May 19). Get the Full Story Complete the...
Investment management-focused AI startup Moment has raised $78 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
HSBC responded Friday (May 15) to a media report that it paused a $4 billion investment in its private credit funds, saying it remains committed to that business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cryptocurrency and prediction markets platform Gemini Space Station received a $100 million strategic investment from Winklevoss Capital Fund, which is owned by Gemini founders Tyler Winklevoss and Cameron Winklevoss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
