April names former Avantax exec Raj Doshi as new president and COO
Summary of April's Appointment of Raj Doshi as COOCompany Details:Name: April.
Location: New York.
Founded: 2021.
Specialization: AI-powered tax-filing solutions embedded with...
Starling Bank founder Anne Boden reportedly steps down from board to focus on new AI venture
Summary of Anne Boden's Departure from Starling Bank and New AI VenturePerson: Anne Boden, founder of Starling Bank.
Departure Details:Stepped down from...
BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe
Partnership Overview:BNP Paribas partners with Ant International to enhance cross-border payment solutions in Europe.
Formalized through a Memorandum of Understanding (MoU) signed...
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension.
Lead: CommerzVentures.
Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one.
Purpose: Expand Brokerage-as-a-Service platform across Europe...
Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI
Intuit to Cut 1,800 Jobs: Key PointsJob Cuts Announcement:Intuit will cut 10% of its workforce, approximately 1,800 employees.
The announcement was made...
Canoe Intelligence bags $36m Series C led by Goldman Sachs
Canoe Intelligence Secures $36 Million in Series C Funding: Key PointsFunding Details:Canoe Intelligence raised $36 million in a Series C funding round.
...
Avidia Bank to adopt Personetics’ AI-powered engagement engine through new Q2 Digital Banking Platform
Avidia Bank Upgrades Digital Banking with Q2 and Personetics: Key PointsPartnership Announcement:Avidia Bank has partnered with Q2 and Personetics to enhance its...
Robinhood buys AI-powered investment research platform Pluto Capital
Robinhood Acquires Pluto Capital: Key PointsAcquisition Details:Robinhood acquires investment research platform Pluto Capital for an undisclosed sum.
Marks Robinhood's second acquisition in...
As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently
Electricity demand is booming on account of AI.In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total...
