April 09, 2024
Mental Health Sector Is Adopting AI-Powered Apps for Accessible Care
The mental health arena is buzzing with the entry of AI-powered apps that promise fast and accessible care. Amid soaring demand for mental health support, artificial intelligence (AI) apps are sparking...
April 08, 2024
Google Begins Rollout of New Version of ‘Find My Device’
Google has launched a new version of its Find My Device experience on devices running Android 9+ in the United States and Canada. It will expand the experience to Android devices around the...
April 08, 2024
Klarna Boosts Profits With ChatGPT as BNPL Firms Tap AI
Klarna is seeing generative artificial intelligence improve its margins, as buy now, pay later (BNPL) firms turn to new digital capabilities to address their profitability challenges. ChatGPT parent company OpenAI shared Friday (April 5)...
April 08, 2024
Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized...
Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned to offer 2.5...
April 04, 2024
FinTech IPO Index Slides 2.9% Amid Nuvei’s Go-Private Deal and...
Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei’s stock gained 2.4%. As reported by PYMNTS, Nuvei is being taken private in a $6.3...
April 04, 2024
ClearBank Considers US Expansion After Hitting Profitability
Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April 4) that the company has...
April 04, 2024
Corporate Wellness Platform Gympass Rebrands as Wellhub, Prepares for IPO
Corporate wellness platform Gympass rebranded as Wellhub to reflect its expanding range of services. Previously focused on gym memberships, the platform now has partners in the fields of fitness, mindfulness, therapy, nutrition and...
April 03, 2024
VC Investors Face ‘Tough Math’ as Deal-Making Slows
Last year was the worst year for venture capital funding since 2016. So far, 2024 isn’t shaping up to be much better. Venture firms raised $30.4 billion from foundations, university endowments...
April 03, 2024
Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls
BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published Wednesday (April 3) — that...