PayPal Ventures invested in Mesh, an embedded finance platform for cryptocurrency transfers and payments. The funding was made almost entirely with PayPal USD and marks the first time PayPal Ventures has used PayPal’s in-house stablecoin for an investment, according to a Monday (Jan. 29) press...
Artificial intelligence (AI) company Sema4.ai has secured $30.5 million in funding to bring open source-powered AI to enterprise work. The company aims to redefine the future of knowledge work by developing intelligent agents that transform how knowledge workers collaborate with AI, Sema4.ai said in a Monday (Jan....
Global embedded finance platform YouLend secured a financing deal that will enable it to extend 4 billion pounds (about $5.1 billion) in additional revenue-based financing to small- to medium-sized businesses (SMBs). The financing will be accessible through partnered global eCommerce sites, tech companies and payment...
Proof Technology has secured $30.4 million in Series B funding to advance its online litigation services marketplace. This investment will enable the legal technology company to scale its platform for legal document serving, eFiling and other litigation services, Proof Technology said in a Friday (Jan. 26) press...
B2B payment solutions provider Mondu has raised an additional 30 million euros ($33 million). This new debt financing from Vereinigte Volksbank Raiffeisenbank eG adds to 20 million euros ($22 million) raised in October and brings Mondu’s total funding to over 115 million euros ($125 million) since its...
ModernFi has secured $18.7 million in funding to bring its deposit management tools to financial institutions of all sizes. With the banking sector experiencing higher interest rates and increased stress, community and regional banks are facing challenges in attracting and retaining deposits, ModernFi said in a...
RagaAI, a startup founded by tech veteran and former Nvidia executive Gaurav Agarwal, secured $4.7 million in seed funding to develop a tool that can automatically diagnose and fix flaws in artificial intelligence systems. “Today, we’re publicly introducing RagaAI’s breakthrough foundation models called RagaAI DNA...
TravelPerk, a business travel management platform, has closed an additional $104 million investment led by SoftBank Vision Fund 2. This funding will be used to drive the continued growth and product expansion of TravelPerk, as well as accelerating gross profit through automation and artificial intelligence...
European pre-owned fashion platform Vestiaire Collective launched a crowdfunding campaign to raise at least 1 million euros (about $1.1 million) from individual investors. The crowdfunding campaign, which will be advertised on Vestiaire’s website and mobile app, opens Tuesday (Jan. 23) and is being facilitated through...
