Cloud technology company Render has raised $100 million in new funding. The firm’s Series C extension, announced Tuesday (Feb. 17), values Render at $1.5 billion and will help it build cloud runtime for artificial intelligence (AI) agents and applications. “Traditional web apps rely on short-lived,...
Activist investor Jana Partners has reportedly purchased a stake in payments company Fiserv. Now, Jana is campaigning for changes to boost Fiserv’s underperforming stock, The Wall Street Journal (WSJ) reported Tuesday (Feb. 17), citing sources familiar with the matter. As the WSJ notes, Fiserv, which offers FinTech services...
Cut off from the housing market, Generation Z is reportedly turning to the stock market. The number of people between 25 and 39 making yearly transfers to investment accounts more than tripled between 2013 and 2023 to 14.4%, surpassing those for people 40 and above,...
Japan-based PayPay filed for a U.S. initial public offering Thursday (Feb. 12), saying it aims to continue expanding the capabilities of its digital finance platform. In its filing with the Securities and Exchange Commission, the company did not specify the number of shares to be offered or the IPO price range...
Apptronik has raised $520 million as it prepares to launch a new humanoid robot. The Austin-based company announced its Series A-X funding round Wednesday (Feb. 11), with investors including Google and AT&T. The round brings the company’s total Series A funding to more than $935...
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...