FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after a hack.The platform is working with security experts to assess the...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...

UK Fintechs Vibepay and SmartLayer Shut Down

Both companies cease operations amidst challenging market conditions.Highlights: Vibepay and SmartLayer have officially ceased operations.The closures are attributed...
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DanAds: Raises $5M in Funding

DanAds, a Stockholm, Sweden-based provider of self-serve advertising technology solutions, raised $5M in funding The company, which is now valued at $44M, intends...

Qredo: Raises $11M in Seed Funding

Qredo, a London, UK-based decentralized digital asset management infrastructure and product suite, closed an $11m seed funding round The company intends to use...

HeartBeat.bio: Raises €1.5M in Seed Funding

HeartBeat.bio AG, a Vienna, Austria-based spin-off company of the Institute of Molecular Biotechnology of the Austrian Academy of Sciences (IMBA), raised EUR 1.5m...

Acronis: Raises Over $250M; at $2.5 Billion Valuation

Acronis, a Schaffhausen, Switzerland-based cyber protection company, received more than $250m funding round Backers in the round, which valued the company at more...

Vanta: Raises $50M in Series A Funding

Vanta, a San Francisco, CA-based automated security and verified compliance platform, closed a $50m Series A funding The round was led by Sequoia...

HoneyBook: Raises $155M in Series D Funding; at Over $1 Billion Valuation

HoneyBook, CA-based client experience and financial management platform for independent service-based businesses, raised $155m in Series D equity funding at a $1B valuation ...

JupiterOne: Raises $30M in Series B Funding

JupiterOne, a Morrisville, N.C.-based provider of cyber asset management and governance solutions, raised $30m in Series B funding The round was led by...

Oura: Raises $100M in Series C Funding

ŌURA Health, an Oulu, Finland-based provider of a health tech wearable that provides daily personalized sleep and overall health insights, raised $100m in...

Citi Commercial Cards: Collaborates with Corporate Spending Innovations

Citi's mission to serve as a trusted partner to clients by responsibly providing financial services that enable growth and economic progress Corporate Spending Innovations...
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