Bretton AI rebranded from Greenlite AI and raised $75 million in a Series B funding round to expand the deployment of artificial intelligence across financial crime operations in regulated financial institutions. The company offers AI agents that perform financial crime workflows, including know your customers...
Is payments FinTech Stripe on its way to becoming a $140 billion company? A report Tuesday (Feb. 11) by Bloomberg News, citing a source familiar with the matter, says the firm is working on a tender offer that would bring its valuation to at least...
Brazilian FinTech AGI, or Agibank, lowered the size and price range of its U.S. initial public offering (IPO). After saying in a Jan. 29 filing with the Securities and Exchange Commission that it expected to offer 43.6 million shares at a price between $15 and...
Logistics company Gather AI has raised $40 million in new funding. The company’s Series B funding round, announced Monday (Feb. 9), is designed to help businesses use physical AI to get a better picture of how goods move through their facilities. “Inventory is one critical...
Databricks has seen its valuation more than double in 13 months to $134 billion. The data analytics/artificial intelligence (AI) company announced that valuation Monday (Feb. 7) along with $7 billion in new investments: $5 billion of equity financing and roughly $2 billion of additional debt...
Crypto venture capital funds are shifting their focus to other opportunities, including stablecoin infrastructure, prediction markets, FinTech and artificial intelligence, Bloomberg reported Monday (Feb. 9). This change is being driven in part by a drop in digital asset prices that has seen bitcoin lose nearly...
The Middle East is proving itself as fertile ground for FinTech investment and innovation. The region combines high smartphone penetration, young demographics and state-backed modernization of payment rails. Governments across the Gulf have treated digital channels and faster money movement as economic infrastructure. As a...
Banks are reportedly shortening the marketing period for European-based initial public offerings (IPOs). This change to the IPO space comes amid ongoing upheaval in global equity markets during President Donald Trump’s first year back in office, the Financial Times (FT) reported Sunday (Feb. 8). The...
Cryptocurrency-focused bank Anchorage Digital says it has received a $100 investment from stablecoin issuer Tether. The investment, announced Thursday (Feb. 4), follows collaborations between the two companies, as Anchorage is Tether’s U.S. stablecoin issuer, and values the bank at $4.2 billion. “This moment reflects years of deliberate execution. Tether’s investment...