UK-based Watercycle Technologies is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority (‘GMCA’), Aer Ventures and the University of Manchester Innovation Factory. This investment will enable Watercycle to rapidly scale up and commercially deploy its technology to deliver […]
SINGAPORE: Bitcoin surged past $96,000 for the first time on Thursday, fueled by investor optimism over a potentially friendlier regulatory environment under US President-elect Donald Trump. The cryptocurrency reached an intraday high of $96,898 in Asian trading, marking a significant leap in its march toward the $100,000 milestone. The digital asset has more than doubled […]
Calvin Risk, a Swiss startup spun out of ETH Zurich in 2022, has raised €3.8 million in a seed funding round led by Join Capital and seed + speed Ventures, bringing its total funding to over €4.7 million. The funding will accelerate the development of its cutting-edge AI governance platform, which is designed to empower […]
Worldpay has partnered with Mastercard to introduce an innovative virtual card solution tailored for travel agents, aiming to streamline payments and address long-standing industry challenges. In a press release issued on Wednesday (Nov. 20), Worldpay highlighted the persistent difficulties travel agents face in managing payments to suppliers such as airlines, hotels, and other travel service […]
Islamabad, Pakistan – November 20, 2024 PayFuture, a leading global payment technology provider, has officially launched its operations in Pakistan, marking a pivotal step in connecting international businesses to one of South Asia’s most promising ecommerce markets. With its advanced payment technology and comprehensive understanding of local regulations, PayFuture aims to simplify market entry for […]
Singapore: Bitcoin reached an all-time high of $94,078, fueled by reports suggesting that Donald Trump’s social media company, Trump Media and Technology Group (TMTG), is in advanced talks to acquire the cryptocurrency trading platform Bakkt. The surge reflects growing optimism about a crypto-friendly stance under the incoming Trump administration. The cryptocurrency, which has more than […]
San Francisco-based SuperAnnotate, a leading AI data management platform, has secured $36 million in a Series B funding round led by Socium Ventures. The round also saw participation from notable investors, including Nvidia, Databricks Ventures, and Play Time Ventures, bringing the company’s total funding to over $53 million. Co-founded by brothers Vahan and Tigran Petrosyan, […]
Strategic acquisition combines Nook’s award-winning AP automation with Modulr’s embedded payments expertise to streamline operations for UK and European businesses. Modulr, a leading embedded payments platform, has announced the acquisition of Nook, a disruptive innovator in accounts payable (AP) automation. This strategic move combines both companies’ expertise to address inefficiencies in business payments, eliminate manual […]
Amsterdam, Netherlands – November 14, 2024 – Just Eat Takeaway.com, a leading global online food delivery platform headquartered in Amsterdam, has entered into an agreement to sell its U.S.-based subsidiary, Grubhub, to the Wonder Group for an enterprise value of $650 million (approximately €612.83 million). This strategic transaction, expected to close in the first quarter […]
Stockholm, Sweden – November 14, 2024 – Klarna, the AI-powered global payments and shopping assistance network, has confidentially submitted its initial public offering (IPO) paperwork to the U.S. Securities and Exchange Commission (SEC). The Stockholm-based fintech unicorn, widely recognized for its innovative “Buy Now, Pay Later” (BNPL) solutions, has not yet disclosed the number of […]