Plaid’s chief financial officer says the financial data network is not racing to go public. Preparations for the initial public offering (IPO) are ongoing, but Seun Sodipo told The Wall Street Journal (WSJ) in an interview posted Monday (March 30) that she is concentrating on growth, following a year...
Galdera, a financial modeling startup founded by veterans of Klarna, is debuting with $1.7 million in pre-seed funding. The company, whose name comes from the Basque word for “question,” announced its new funding last week, saying its experiences had shown that creating a quality financial...
Harvey raised $200 million in new funding for its legal infrastructure for law firms and in-house teams. The round brings the total funding raised by Harvey to more than $1 billion and values the company at $11 billion, it said in a Wednesday (March 25) press release. Harvey’s artificial intelligence (AI)-powered...
Miami-based, GLP-1-focused digital healthcare startup eMed is now a $2 billion-plus company. The company announced that valuation Thursday (March 26) as it completed a $200 million Series A funding round. Led by AON Consulting, the round’s investors included retired NFL star Tom Brady, who became...
Public listings have long been the preferred exit for FinTechs seeking new avenues to raise capital and, arguably, to enhance their visibility and reputations. And especially for payments firms, trading platforms and digital financial services providers, an initial public offering (IPO) offers more than funding....
Bank of America has formed a new team within its investment bank that is focused on helping private equity firms exit their investments, Bloomberg reported Wednesday (March 25). The new Private Capital M&A Group will use a variety of the bank’s resources to help private...
Adonis, an artificial intelligence (AI) orchestration platform for healthcare revenue cycle management, has raised $40 million. The Series C round, announced Wednesday (March 25), brings Adonis’ total funding to more than $95 million since it was founded in 2022. “The announcement comes at an inflection...
Health ring maker Oura has reportedly begun interviewing bankers to help it go public. The company’s initial public offering (IPO) could happen as soon as this year, The Information reported Tuesday (March 24), citing a source with direct knowledge of discussions. The report notes that an IPO would follow...
Spade raised $40 million in a Series B funding round to grow its platform that helps banks and FinTechs turn transaction data into actionable insights. The company will use the new funding to deepen the capabilities of the platform and expand its team, it said in a Tuesday (March...