OpenAI says it has evidence China’s DeepSeek used its model to train competitor
The San Francisco-based ChatGPT maker told the Financial Times it had seen some evidence of “distillation”, which it suspects to be from...
The San Francisco-based ChatGPT maker told the Financial Times it had seen some evidence of “distillation”, which it suspects to be from...
The Chinese app has already hit the chipmaker giant Nvidia’s share price, but its true potential could upend the whole AI business model.
They’re pitching a high volume of transactions simply to lower borrowing costs on existing leveraged loans, sometimes even volunteering...
In technology, many entrepreneurs get only one defining act. Liang Wenfeng, the founder of DeepSeek, is already on his second. The...
The London-headquartered digital bank this month enlisted Duncan Batty, who previously led the real estate finance platform at M&G...
São Paulo based genAI platform for banking raised $18m in new funding led by Itaú Unibanco.
“We are a company focused on building foundational models, similar to ChatGPT, but with a very specific goal: to improve service to...…
New York based clean energy finance software platform raised $2.6m in Seed funding led by Powerhouse Ventures.
The renewable energy industry is at a pivotal moment with unprecedented growth opportunities and challenges, and the complexity of tax...…
New York based homeownership savings platform raised $6.2m in Seed funding led by Alpaca VC.
“We believe homeownership is a vital part of the American dream and first-time home buyers need all the help they can get,” said Founder...…
Los Angeles based fleet management software startup raised $5m in Seed funding led by Autotech Ventures.
"We set out to create a platform to reduce the administrative burden, offering unprecedented transparency into vehicle service to improve...…
Banks have used artificial intelligence and machine learning to drive efficiencies in back-office areas such as transaction monitoring...
New York based cloud cost management platform raised $40m in Series C funding led by Insight Partners.
“The growing adoption of FinOps across enterprises is a testament to the increasing need for sophisticated, actionable cost management...…
San Francisco based long-term care planning platform raised $7m in Seed funding led by Brewer Lane Ventures.
"Our application of AI makes the whole process seamless and more intuitive for families to know what they need to do today to secure...…
New York based autonomous billing & collections platform raised $20m in Series A funding led by Mosaic General Partnership.
"Small businesses are the beating heart of the economy, and yet too many are becoming casualties to the unnecessary manual work...…
Paris based embedded finance platform raised €42m in Series B funding led by Eight Roads Ventures.
“In the future, I believe business management software will become a key distributor of banking services," said CEO Nicolas Benady.
New York based digital AI workers platform for finance and accounting teams raised $7.2m in Seed funding led by Canaan Partners.
"Finance & accounting teams have some of the most brilliant people at any company, yet their brainpower is often spent on recurring...…
The company said the relationship reinforces CapIntel's commitment to delivering advanced technology and seamless system-to-system...
London based embedded banking and payments platform raised $2.4m in Seed funding led by Fuel Ventures.
"By automating the mundane task of bank account reconciliations, effortlessly pulling the statements from the bank account, reconciling...…
Toronto based wealth management technology platform raised $20m in Series B funding led by Salesforce Ventures.
“We are tackling massive challenges in an industry that’s been traditionally slow to adopt new technologies,” said CEO Amar Ahluwalia.
New York based open source financial infrastructure startup raised $21m in Series A funding led by PayPal Ventures and Portage Ventures.
"This new funding will fuel Formance’s expansion across the US and Europe and accelerate its vision of transforming its Open Source...…
Austin based aging-in-place technology platform raised $35m in Series C funding led by Centana Growth Partners.
"This funding round represents a pivotal milestone for The Helper Bees and the aging-in-place movement,” said CEO Char Hu, PhD.
San Francisco based revenue lifecycle management platform raised $20m in Series A funding led by Inovia Capital.
“With Nue, companies are breaking free from outdated, fragmented systems and unlocking the full potential of their revenue and financial...…
London based accounting software platform raised £25m in new funding led by One Peak.
“This investment marks a pivotal milestone in iplicit’s remarkable journey," said CEO Lyndon Stickley.
The new offering will feature separately managed accounts, ETFs and bitcoin investments in partnership with Charles Schwab, which will...
Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments,...
The new feature, Pix Automático, is expected to launch in June and will allow users to automate the payment of utilities, streaming...
Musk, who heads the DOGE effort, has mused to close allies about the idea of using a digital ledger as a way to squeeze costs out of the...
Collectively, millennials are now worth about $15.95t, up from $3.94t five years earlier, according to Federal Reserve data. Still, very...
This off-exchange activity — which happens internally at major firms or in alternative platforms known as dark pools — is on course to...
OpenAI’s new “Operator” agent automates tasks like expense reporting and grocery shopping by browsing, clicking, and typing on behalf of...
In this Bloomberg podcast, Ramp CEO Eric Glyman explains how AI is integrated into Ramp’s operations to enhance efficiency and automate...
The software-driven lender adds an insurer’s $750m commitment after striking deals with Sixth Street and Prudential Financial.
Abundant funding and surging enthusiasm about advances in artificial intelligence have boosted stock prices for Affirm and Upstart over...…
The price of bitcoin briefly soared on the president's directive, but it appeared to fall short of crypto advocates' expectations....
Operator promises to automate tasks such as booking travel accommodations, making restaurant reservations, and shopping online, according...
Werfel’s decision to quit on Inauguration Day sidesteps a looming confrontation between the tax agency chief and the incoming...
Sweden based open banking platform raised €3m in Seed funding led by Alfvén & Didrikson.
“We developed Open Payments to simplify banking integrations by aggregating multiple bank APIs into one single API."
Spain based insurtech raised €4.2m in new funding led by Swanlaab Venture Factory and Nauta.
"We firmly believe in the promising future of this space within Insurtech and in Weecover's ability to lead this transformation thanks to...…
Decentralized crypto wallet provider raised $5m in Seed funding led by 1confirmation.
"We see a future where the most useful crypto apps want their own chains and the products Keplr is building are essential to this vision."
Austin based debt repayment infrastructure startup raised $41.5m in Series B funding led by Emergence Capital.
"Consumers do not have to re-authenticate multiple times for different accounts, and once Method retrieves a consumer’s liabilities, they...…
Chicago based automation business for insurers raised $2.2m in PreSeed funding led by Armory Square Ventures.
"Advances in AI have unlocked the opportunity to reimagine the way insurance policies are analyzed and understood, transforming workflows...…
Singapore based crypto exchange raised $5m in new funding led by Further Ventures.
"The platform reports an average of $50 million in daily trading volume, with 800 active traders and 55 institutional clients."
UK based salary access platform raised $5m in Seed funding led by Notion Capital.
"Aslan is bringing a significant innovation to market, in enabling flexible pay and rewards for salaried employees. It provides...…
New York based marketplace for small and midsized business acquisitions raised $10m in Series A funding led by Obvious Ventures.
"The sale of a business can seem daunting — our team comes from a background of family business owners and we have seen it firsthand."
Brazil based corporate expense management startup raised $37m in new funding led by Riverwood Capital.
Anyone who earned more than $5,000 in 2024 selling tickets, musical instruments or other goods and services online should expect to get a...
Since joining the company as General Counsel and Chief Compliance Officer and its first legal hire in 2017, Fernandez-Ledon built the...
The survey, conducted among 1,000 investors in the United States, brings the importance of trust in the advisor-client relationship into...
The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as...
The new Ramp Treasury allows businesses to earn 35 times more on their operating cash in a Ramp Business Account than the national...
Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The...
UK based spend management platform raised $50m in Series C funding led by Lakestar.
“A lot of companies today have disparate solutions, different silos that they look at, and procurement teams are generally under a lot of...…
San Francisco based embedded finance startup focused on card issuing raised $90m in Series B funding led by Adams Street Partners.
"“Hyper-verticalized businesses that are adopting our B2B platforms need API driven, seamless integration of all payment scenarios."
The joint venture, known as Stargate, is led by the ChatGPT maker OpenAI and the global tech investor SoftBank Group. It will build data...
Canada based employer-of-record startup raised $5m in new funding led by Cohere.
"The company positions the offering as a search engine for HR use cases. A chatbot interface enables HR teams to find regulatory...…
Egypt based payment orchestration platform raised $5.2m in Seed funding led by Flourish Ventures.
“In emerging markets, digital payments represent only a fraction of total transaction volume, suggesting massive growth potential in the...…
New York based startup developing an attribution protocol for open-source projects raised $10m in Seed funding led by a16z's crypto fund...
Italy based in-person payments aggregator raised €13.5m in Series A funding led by RTP Global and LMDV Capital.
“Our software basically simplifies the merchant transaction to help them reduce payment fees and streamline their operation. You can say...…
New York based regulatory-compliant communications provider raised $20m in Series B funding led by Portage.
"Beyond the pressing need in financial services, we now see growing interest in many additional vertical markets."
UK based back-office platform for financial advisers raised £45m in Series C funding led by Highland Europe.
"For the past six years, we have been building Fundment as the all-in-one tech platform to support a financial advice firm’s every need...…
San Francisco based crypto wallet developer raised $150m in Series C funding led by Sequoia Capital and Paradigm.
“I feel like we are in the perfect spot to actually use crypto to act as a weapon to supplant incumbents like PayPal, Cash App, Revolut,...…
New York based startup that provides a back-office platform for physical security providers raised $12m in Series A funding led by Base10...
In a long-awaited move from the digital assets industry, the SEC announced that acting Chair Mark Uyeda has launched a “crypto task...
At the Microsoft Excel World Championship in Las Vegas, there was stardust in the air as 12 finance guys vied to be crowned the world’s...
IG Group Holdings PLC on Thursday said it will acquire digital investment platform Freetrade. The London-based online stockbroker paid...
Houston based deal execution platform for venture investors raised $11m in Series A funding led by Deciens Capital.
"We are happy customers and investors. Sydecar's technology and standards enable a model that delivers an incredible value proposition...…
Israel based order management platform raised $25m in Series A funding led by Peakspan Capital.
“As we began to solve it for ourselves, we realized that like many of the tools that started emerging in e-commerce, like personalization...…
Switzerland based savings app for people in unstable economies raised $18m in Series A funding led by TQ Ventures.
"Our vision is to go beyond just protecting everyday people's wealth by enabling safe and compliant accounts abroad, but to enable them...…
Switzerland-based AI payment infrastructure provider raised $4m in new funding led by Generative Ventures.
"Current payment infrastructure was built for static transactions, like selling t-shirts on the internet, where the price of a small...…
Ireland based AI-driven pricing platform for consumer goods makers raised €1.55m in new funding led by Business Venture Partners.
“For decades, retailers have been leveraging their data to determine product pricing strategies, while manufacturers have lacked the...…
Canada based expense management and corporate card startup raised $48.5m in Series B funding led by Goldman Sachs.
“The landscape of Canadian SMBs is rich and diverse and chock full of potential,” he told TechCrunch. “At Float, we understand that...…
San Francisco based startup automating accounting tasks for small businesses raised $3m in Seed funding led by Kindred Ventures.
“When we built invoicing products at Utopia, we saved our customers 70-80% of the time they spent on accounting tasks. That experience...…
Coinbase (COIN) is adding bitcoin-backed loans to its U.S. product lineup, leaning on Morpho, the largest lending platform on its Base...
Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the...
Initial public offerings from Saudi Arabia have been the star performers in a string of recent share sales in the Middle East - the...
The move by Amazon deepens its push into financial services in one of its fastest-growing markets. Axio, formerly known as Capital Float,...
The order is expected to name crypto as a national imperative or priority — strategic wording intended to guide government agencies to...
France’s Prime Minister François Bayrou has offered to “renegotiate” Emmanuel Macron’s unpopular move to raise workers’ retirement age...
Councils in England and Wales that manage £145bn of assets have hit back at government plans for a series of pension “megafunds”, warning...
French revenue management startup Hyperline has raised $10 million in a seed extension round led by Index Ventures. Founded in 2022 by...
Spain based developer of AI agents for B2B sales raised €5m in Seed funding led by Samaipata.
“This funding will allow us to consolidate our technology and build the first multilingual sales agent capable of selling anything to...…
London based financial services platform for immigrants raised $53m in Series B funding led by Highland Europe.
“Fraud can significantly drive up costs. Higher costs often mean passing them on to customers through additional fees. We’ve managed to...…
Switzerland based crypto-focused bank raised $58m in growth funding led by Fulgur Ventures.
"The U.S. developments for positive crypto market reform are, however, highly encouraging ... Sygnum is exploring other options to...…
New York based AI-powered treasury platform raised $10m in new funding led by Felicis and Vesey Ventures.
“Nilus is building the next generation of treasury management,” said Daniel Kalish, CEO and co-founder of Nilus. “This funding allows us...…
Puerto Rico based insurtech company raised $13m in Series B funding led by PayPal Ventures.
“As the first fully-digital life insurance product in Latin America, this funding is a testament to the incredible progress we’ve made in...…
San Francisco based insurtech raised $8m in Series A funding led by Zigg Capital.
The financing, which closed in Q4 2024, will accelerate the company's plans to expand its specialized underwriting approach to additional...…
France based automated billing platform raised $10m in Seed funding led by Index Ventures.
“At the beginning, we said to ourselves, we’ll look at the current tools like Chargebee, and we’ll do a little better than them. Except...…
San Francisco based on-chain UX ecosystem raised $13m in Series B funding led by USV and 1kx.
“Now, we’re entering the next phase of growth, where the Network will also serve as a bridge to the traditional financial system. As we...…
Pension funds are dipping their toes into buying bitcoin, in a sign that even typically staid corners of finance are finding it hard to...
Several financial firms are vying to replace Goldman, which launched the credit card with Apple in 2019, the sources said. While other...
The company, founded in 2007, allows customers to trade assets such as stocks and cryptocurrencies. It managed $11.3b of customer assets...
Venture investors believe generative AI technology can make traditional services businesses—especially those heavy on knowledge work,...
Founded in 2013, New York-based Industrious raised a total of $522 million in funding from investors, including Riverwood Capital and...
Vestwell's technology powers FutureStep by John Hancock Retirement, which will be available in early 2025. This offering is designed to...
The Swedish BNPL group is in talks about a sale of the loan book, according to people familiar with the matter. Banks including...
Gareth Jones is quoted in an informative report published by Innovate Finance on the current state of fintech, and outlook for the...
People are tipping less at restaurants than they have in at least six years, driven by fatigue over rising prices and growing prompts for...
Revenue at Plaid, which provides the pipes fintechs and banks use to talk to each other, jumped more than 25% last year, as at least half...
The relationship reinforces CapIntel’s commitment to delivering cutting-edge technology and seamless system-to-system integrations, with...
India’s strategy builds on the Unified Payments Interface, known as UPI, a nine-year-old system that lets consumers and merchants bypass...
Fidelity Stock Transfer allows users to easily move shares, run reports, and see everything all in one place, giving clients a total...
Agentforce for Retail will offer a new library of pre-built agent skills that will help retailers automate things like order management,...
John Gunn, one of Britain’s most successful private investors, wants the government to appoint a royal commission to examine why Britain...
In a blog post written earlier this week, Sam Altman talks about the progress made by OpenAI, how rapidly AI technology is advancing, and...
The destruction caused by the Los Angeles-area wildfires, possibly the worst ever in California, is almost certain to rank as one of the...
Ireland based regtech startup raised $7m in Series A funding led by Osage Ventures Partners.
"By dynamically optimizing consent language at the checkout, based on visitor location and marketing channel, we’re helping merchants...…
Singapore based digital wealth advisory raised $17.5m in new funding led by Prosus Ventures.
The new funds will support Endowus’ expansion into major wealth market in Asia. It also plans to improve its technology and invest in AI...…
Denver based supply chain insurer raised $20m in Series C funding led by The Lightsmith Group.
“This funding further validates our vision and will enable us to strengthen our team and our technology, while we expand our underwriting...…
Texas based AI meeting documentation platform for wealth management firms raised $2m in Seed funding led by Chiratae.
Built specifically for wealth advisors, Mili combines bank-grade security with deep industry expertise to transform how advisors work.
Ireland based unified payments company raised $12m in new funding led by Endeit Capital.
“Global and regional enterprises scaling in the Asian market need a more sophisticated and less prescriptive approach. At Nomupay, it is...…
Singapore based investment research platform raised $15m in Series A funding led by Hongshan.
"To further democratize investing, we plan to launch an open-source index creation tool, empowering professional investors to turn their...…
California based financial automation tools provider for the health care industry raised $19m in Series A funding led by Canapi Ventures.
“For a healthcare practice to get financial clarity, first all mail and payments need to be digitised.”
Atlanta based payroll and benefits startup raised $63m in Series B funding led by Carrick Capital Partners.
“This funding represents a transformative milestone for OnPay and is a testament to the hard work and dedication of our team.”
Saudi Arabia based BNPL company raised $6.6m in Series A funding led by Joa Capital.
Through its “study now, pay later” scheme, JeelPay enables parents to fund upfront their child’s tuition.
New York based insurance verification startup raised $15m in Series B funding led by NewSpring Capital.
"COI and insurance policy verification is a highly manual and error-prone process, making it ripe for disruption through automation."
San Francisco based AI agent for accounts receivable raised $4M in Seed funding led by Gradient.
“We’re excited to partner with the Fazeshift team as they streamline finance processes while still giving significant customization and...…
Decentralized bitcoin wallet developer raised $5m in Seed funding led by Fulgur Ventures.
"JAN3’s AQUA wallet has found excellent product-market fit by offering the perfect balance of saving in Bitcoin with spending in USDT."
Chile based HR tech company raised $50m in Series B funding led by Headline.
"It is clear to us that Buk will become the market leader in payroll and human resource management systems (HRIS) in Latin America."
The company had a record-breaking year, exceeding its originations targets, expanding its product offering and markets served,...
Forces like regulation, passive investing and AI have all conspired to squeeze equity research in ways few could have imagined. Countless...
Meme coins with a chat bot attached — AI agent coins — have been blowing up and serves as a real (ish)-world experiment with giving AI...
Paychex said the board of directors of both parties approved the transaction in an agreement that prices each Paycor share at $22.50,...
The CFPB has estimated that the new credit reporting rule will boost the credit scores of people with medical debt on their credit...
Mario Draghi’s assessment of EU competitiveness last year highlighted Europe’s failure to capitalise on the internet...
Japanese financial heavyweight SBI Holdings is reportedly set to acquire a majority stake of more than 70% in embedded finance platform...
Niklas Zennström, one of Europe’s most successful tech entrepreneurs and investors, believes the continent’s start-ups can still succeed...
The late Byron Wien, a prominent markets strategist of the 1990s, defined the best research as a non-consensus recommendation that turned...
The groups want tax-deferred contribution plans such as 401ks to be able to invest in a whole range of unlisted investments: leveraged...
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