Source: en.wikipedia.org
In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite...
In today’s economic environment, reaching profitability is considered a badge of honor. And that means FinTechs and startups that have yet to achieve that holy...
Sequoia Capital has reportedly stopped funding the crime-tracking app Citizen amid a startup financing drought. According to a Saturday (Feb. 25) Financial Times (FT) report,...
FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth...
Venture capital (VC) firms are having a harder time raising funds. The amount of money raised in new funds in the fourth quarter of 2022...
Startup Wise Guys has raised 25 million euros (about $27 million) to invest in startups. The Estonia-based global accelerator fund for B2B startups said in a post on...
Hawk AI has raised $17 million to boost its fraud prevention and anti-money laundering efforts. The Munich company announced the Series B on Thursday (Jan. 26), saying...
Investors see an opportunity to expand a VIP service in the growing luxury resale space. Cudoni, a United Kingdom-based luxury resale platform, has raised 7.5...
Fashion brand SYKY has raised $9.5 million for its bid to build a blockchain-based luxury platform. “Fashion is on the verge of a renaissance, powered by technology and...