Funding

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to facilitate faster international transactions.Consultation period opens until November 2023.The Federal...

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...
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PassFort: Secures $16.2M in Series A Funding

PassFort Secures $16.2M in Series A FundingPassFort, a London, UK-based SaaS RegTech platform, raised 16.2m USD in Series A funding The round was...

Clockwork Logistics Systems: Raises $5.5M in Seed Funding

Clockwork Logistics Systems Raises $5.5M in Seed FundingClockwork Logistics Systems, a Newark NJ-based Proof of Delivery (POD) data logistics platform, raised $5.5M in...

Mae: Raises $1.3M in Pre-Seed Funding

Mae Raises $1.3M in Pre-Seed FundingMae, a NYC-based digital health platform, raised $1.3M in pre-seed funding The round was led by SteelSky Ventures with...

RareCyte: Secures $24M Financing

RareCyte Secures $24M FinancingRareCyte, Inc., WA-based Life Sciences company developing and manufacturing proprietary platforms enabling precision biology solutions, raised $24M in financing Arboretum...

Magnis Energy Technologies: Signs deal with Omega Seiki

Magnis Energy Technologies Signs deal with Omega SeikiMagnis Energy Technologies (MNS) partner Charge CCCV signs an agreement with electric vehicle manufacturer Omega Seiki ...

Nuheara: Receives ethics approval to begin clinical trials

Nuheara Receives ethics approval to begin clinical trialsNuheara (NUH) has received ethics approval from the Australian Hearing Human Research Ethics Committee (AHHREC) to...

Five Sigma: Raises $12M in Series A Funding

Five Sigma Raises $12M in Series A FundingFive Sigma, a Tel Aviv, Israel-based claims platform provider, raised $12M in Series A funding The...

LevaData: Raises $47M in Series C Funding

LevaData Raises $47M in Series C FundingLevaData, a San Jose CA-based provider of a supply management software platform, raised $47M in Series C...

iCover: Raises Undisclosed Seed Funding

iCover Raises Undisclosed Seed FundingiCover, a Chesterfield, MO-based insurtech that provides an algorithmic underwriting Platform as a Service, raised a seed funding of...
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