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, […]
Klarna Moves Towards U.S. IPO Amidst Strategic Developments and Global Expansion Efforts
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 […]
Danish Startup Cordulus Secures €3M to Expand AI-Driven Weather Prediction Technology
Aarhus, Denmark – November 4, 2024 – Cordulus, an innovative provider of AI-based weather prediction solutions, announced today it has raised €3 million in funding. The investment was led by international agricultural leader Danish Agro and the Pajbjerg Foundation, two prominent supporters of the company’s mission to transform weather forecasting with hyper-accurate, AI-driven insights. The […]
Norwegian Fintech Startup Bislab Secures €1.7M in Pre-Seed Funding for International Growth
Oslo, Norway – November 8, 2024 – Norwegian fintech innovator Bislab has raised €1.7 million in pre-seed funding to accelerate its international expansion. The funding round, led by Sondo Capital with participation from key angel investors including Frank Vikingstad (Sysco, Viglio), Christoffer Herheim (Optio), and Bent Skisaker (Autostore), will help Bislab enhance its cutting-edge credit […]
Ottu Partners with Keyloop to Modernize Digital Payment Solutions for Automotive Dealerships Across GCC
The collaboration promises a seamless payment experience, aiming to transform payment processing for automotive retailers and boost customer satisfaction. Ottu, a leading fintech platform in the GCC, has announced a strategic partnership with Keyloop, a global provider of automotive retail solutions, to revolutionize payment systems for automotive dealerships. The partnership is set to streamline digital […]
MyGuava and Crystal Palace Football Club Unveil Exclusive Fan Payment Cards and Rewards Program
London, UK – [Insert Date] – MyGuava, in collaboration with Crystal Palace Football Club, is excited to announce the launch of exclusive Crystal Palace Fan Cards, offering a range of rewards and perks designed to enhance the fan experience. This partnership provides supporters with a unique opportunity to celebrate their connection to the club while […]
Zip Secures $190 Million in Series D Funding, Valuation Soars to $2.2 Billion
London, 22 October 2024 – Zip, the world’s leading AI-powered procurement orchestration platform, today announced the successful completion of a $190 million Series D funding round, propelling the company’s valuation to an impressive $2.2 billion. This significant milestone, led by BOND, marks one of the largest funding rounds for an enterprise SaaS company in 2024. […]
Barclays to Acquire GM Credit Card Business from Goldman Sachs, Expanding Its US Consumer Portfolio
London, October 17, 2024 — Barclays Bank has secured a pivotal deal to acquire the General Motors (GM) credit card business from current issuer Goldman Sachs, further solidifying its position in the US consumer credit card market. The strategic acquisition, expected to complete next year, will see Barclays become the exclusive issuer of the GM […]
Formality Raises €8M to Revolutionize Contract Management with AI
Paris, October 3, 2024 – Paris-based startup Formality has successfully raised €8 million in a funding round to advance its AI-powered contract management platform designed to simplify and streamline contract workflows for businesses. The funding round was co-led by leading venture capital firms Partech and Serena, with an additional €2.4 million investment from BPI France, […]
Nexi Group Secures €220 Million Financing from European Investment Bank to Boost Digital Payment Innovation
Milan, Italy – Nexi Group, a leading European PayTech company, has successfully secured €220 million in financing from the European Investment Bank (EIB). The funds will be used to drive significant innovation and enhance the infrastructure of digital payments across Europe. This financing will enable Nexi to lead multiple cutting-edge projects aimed at modernising payment […]