Goldman Sachs is looking into how it might get involved in prediction markets, Chairman and CEO David Solomon said Thursday (Jan. 15). Asked about this and other innovations by an analyst during the company’s earnings call, Solomon said that prediction markets are “super interesting,” that...
Kraken-affiliated company KRAKacquisition Corp is the latest cryptocurrency firm planning to go public. KRAKacquisition, a special purpose acquisition company (SPAC) backed by an affiliate of crypto exchange Kraken, filed Monday (Jan. 12) to go public with a $250 million initial public offering (IPO). The company...
Torq raised $140 million in a Series D funding round to accelerate the adoption of its security operations center (SOC) platform for global enterprises and government agencies. The Torq AI SOC Platform uses artificial intelligence agents to manage security tasks, the company said in a...
Brazilian FinTech Agibank reportedly may postpone a planned initial public offering (IPO) in the United States after Brazil’s social security system suspended one of the firm’s main businesses. The social security system, INSS, stopped the firm from making new payroll-deduction loans for retired workers in...
Rain raised $250 million in a Series C funding round to scale its infrastructure for stablecoin payments and add new capabilities and products. The round boosted Rain’s valuation to $1.95 billion, which is 17 times higher than its valuation 10 months ago, the company said...
Swap raised $100 million in a Series C funding round to continue expanding the capabilities and reach of its global commerce solutions platform. The platform was initially focused on returns but has since been expanded to include cross-border commerce and tax and demand planning, the...
Payhawk is reportedly seeking new funding that could double its valuation to roughly $2 billion. The Bulgarian expense management startup is in discussions to raise more than $100 million, Bloomberg News reported Wednesday (Jan. 7), citing sources familiar with the matter. A spokesperson for Payhawk...
PicPay, the Brazilian mobile banking and instant-payments provider, has filed for a U.S. initial public offering (IPO), marking one of the most closely watched Brazil-linked FinTech listings since the region’s equity-capital-markets pipeline cooled after Nubank’s blockbuster debut. The move comes as investors keep a close...
Interest in prediction markets has reportedly fueled an increase in FinTech venture funding. Financial technology companies worldwide raised $55.94 billion from venture groups during 2025, Bloomberg News reported Wednesday (Dec. 31), citing PitchBook data. That’s up 25% from the $44.75 billion the sector earned in 2024. Prediction...