Financial infrastructure company Mural said it has raised $15 million in new funding. The Series A financing round will support the firm’s global expansion and investments in the regulatory and payments infrastructure needed to scale agentic finance, Mural said in a Tuesday (Oct. 20) news...
U.S. stock exchanges are preparing to extend trading to 23 hours a day, five days a week, creating new opportunities for investors while requiring financial firms to adapt their technology, risk controls and overnight operations. The Securities and Exchange Commission (SEC) has conditionally approved expanded...
Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a range of $16 billion to $19 billion, Bloomberg News reported...
Anthropic has reportedly told investors that its third-quarter revenue had jumped to $16.8 billion as it prepares to go public. That figure is up from $4.8 billion in the first quarter and $11.6 billion in the second, the Financial Times (FT) reported late Wednesday (Oct....
Artificial intelligence (AI) infrastructure startup Modal was valued at $15.75 billion in a Series D funding round in which it raised $750 million, CEO Erik Bernhardsson said in a Wednesday (Oct. 14) blog post. Modal’s new valuation is more than triple the $4.65 billion valuation the company achieved...
Pluto Security emerged from stealth Tuesday (Oct. 13), saying in a blog post that the company has secured $42 million in funding for its security solution for artificial intelligence tools. Pluto Security’s product is designed to provide the complete enterprise security needed by companies whose employees are integrating...
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter. They said the spend management platform brought in $1.85 billion in the round, and that...
OPay, a digital financial platform built for emerging markets, has 50.1 million monthly active users and sees an addressable opportunity across billions of users and millions of merchants, the company said in a registration statement filed with the Securities and Exchange Commission for a proposed initial public offering....
Vitalize raised $31 million in a Series A funding round to accelerate the growth of its artificial intelligence (AI)-native platform that helps health systems manage labor and capacity, the company said in a Tuesday (Oct. 6) press release. The Vitalize platform is designed for the...