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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Kajabi: Raises $550M; Valued at Over $2 Billion

Kajabi, an Irvine, Calif.-based e-commerce platform for entrepreneurs in the knowledge economy, raised $550m in growth equity financing that values the company at...

Lucra Sports: Raises $1.6M in Seed Funding

Lucra Sports, a Palo Alto, Calif.-based new social-first sports gaming platform, raised $1.6m in seed funding The round was led by Raptor Group,...

Forge Global: Closes Over $150M in Funding

Forge Global, Inc., a San Francisco, CA-based private securities marketplace, raised more than $150M in funding Backers included Deutsche Börse and new investors...

Black Cat Syndicate: Raises $20M via share placement

Black Cat Syndicate (BC8) has received strong commitments to raise $20 million via a share placement The funds raised set to support exploration,...

SKS Technologies: Completes APEC purchase

SKS Technologies (SKS) has officially completed the purchase of APEC Technologies Group The company agreed to purchase the technology and product firm earlier...

Modern Meadow: Raises $130M in Series C Funding

Modern Meadow, a Nutley, New Jersey and Brooklyn, New York based biofabrication company, raised $130m in in Series C funding The round was...

Moloco: Raises Funding at $1 Billion Valuation

Moloco, a Redwood City, CA-based provider of machine learning and growth solutions for mobile marketers, received an undisclosed amount of funding, at a...

Grin: Raises $14M in Funding

Grin, a NYC-based comprehensive digital orthodontic platform that provides orthodontic solutions in partnership with local doctors, raised $10M in funding The round, which...

Vectra AI: Raises $130M in Funding

Vectra AI, a San Jose, CA-based threat detection and response company, raised $130m in funding The round, which brought total funding raised to...
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