Tether Investments said it aims to promote the use of stablecoin payments by making a strategic investment in Whop, an internet market designed to help users launch businesses and accept payments. The companies’ collaboration will enable the creators and users on Whop’s platform to use...
Wayve, a United Kingdom-based self-driving vehicle startup, is now valued at $8.6 billion, according to a Wednesday (Feb. 25) press release. The company concluded a $1.2 billion Series D funding round, with investors that included Microsoft, Nvidia and Uber, as well as carmakers Mercedes-Benz, Nissan...
Investment company General Atlantic is reportedly selling an equity stake in ByteDance valuing it at $550 billion. That’s according to a report Wednesday (Feb. 25) from Reuters, citing sources familiar with the planned share sale at the Chinese tech giant. According to the report, the...
Wall Street had been hoping for a blowout year for tech IPOs (initial public offerings). But two months into 2026, bankers’ and investors’ hopes have been dampened by artificial intelligence (AI)-related fears, the Wall Street Journal (WSJ) reported Tuesday (Feb. 24). As the report notes,...
Accounting-focused artificial intelligence (AI) startup Basis has raised $100 million in new funding. The company’s Series B round, announced Tuesday (Feb. 24), was led by Accel and Google Ventures and values Basis at $1.15 billion. “Accounting is structured, high-stakes, and essential to every business on...
India-based cross-border payments company Xflow raised $16.6 million in new funding. “This milestone strengthens our mission to simplify cross-border payments for Indian exporters,” the company said in announcing its Series A round in a LinkedIn post Tuesday (Feb. 24). Investors included PayPal Ventures, Stripe, General...
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the company achieved in September...
Hong Kong-based stablecoin payments firm RedotPay is reportedly planning to go public. The company is weighing a U.S. initial public offering (IPO) that could raise more than $1 billion, Bloomberg News reported Tuesday (Feb. 24), citing sources familiar with the matter. These sources say RedotPay is working with...
California-based startup ZaiNar has raised $100 million to develop an artificial intelligence (AI)-powered GPS alternative. That $100 million figure includes the $10 million the company recently took in, valuing it at $1 billion, the company said in a Thursday (Feb. 19) press release. ZaiNar said...