News

Investments
Ramp Valued at $13 Billion in Secondary Share Sale
March 03, 2025

Financial operations platform Ramp said in a Monday (March 3) press release that the company was valued at $13 billion when new and existing investors purchased Ramp secondaries from employees and investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Fintech Investments
FinTech Funding Hits 8-Year Low as VCs Embrace AI
March 03, 2025

When it comes to getting funded, FinTechs are having trouble competing with artificial intelligence. 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...

Investments
Viam Raises $30 Million to Grow Data/AI Engineering Platform
March 03, 2025

Viam, which bills itself as an “engineering platform for data, AI and automation,” has raised $30 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....

Investments
Cloudsmith Raises $23 Million to Bolster Software Supply Chain Security
March 03, 2025

Software supply chain security firm Cloudsmith raised $23 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...

IPO
General Catalyst Reportedly Weighing Initial Public Offering
March 03, 2025

Is venture capital (VC) firm General Catalyst on its way to becoming a public company? 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,...

B2B Payments
JOOR CEO Says Fashion Industry at a Crossroads With Tariffs and Changing Consumer Dynamics
March 03, 2025

Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base that’s made up of department stores at one end of the spectrum and independent boutiques at the other. And that...

Payments Innovation
Arculus: Balancing Security and User Experience Is Blueprint for Payments Innovation
March 03, 2025

For years, enhancing payment security often came at the expense of user convenience. Complex authentication processes, multistep verifications and transaction delays were the norm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Amazon Denies Anthropic AI Is Powering Advanced Alexa Capabilities
March 02, 2025

Amazon is one of the top investors in artificial intelligence (AI) startup Anthropic. 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....

B2B Payments
Virtual Cards and Credentials Form Cornerstones of Commerce Ecosystems
February 28, 2025

The surge in virtual card issuance — and the linking of banks, FinTechs, enterprises and brands to get those cards out into the market for daily use  — speaks volumes to how those cards are helping to form new commerce ecosystems for consumers and businesses....