Tag: Artificial Intelligence/AI
Brazil’s Nubank buys AI-powered data intelligence start-up Hyperplane
Nubank Acquires Hyperplane: Key PointsAcquisition Details:Nubank, a Brazilian challenger bank, has acquired US-based data intelligence start-up Hyperplane for an undisclosed sum.AI...
US regtech start-up Norm Ai raises $27m Series A funding
Norm Ai Secures $27 Million Series A Funding: Key PointsFunding Round:Norm Ai, a New York-based regtech start-up, raised $27 million in a...
Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries
Verituity Raises $18.8 Million: Key PointsFunding Round:Verituity, a US-based provider of verified payout solutions, raised $18.8 million.
The funding round was led...
PayPal hires Srini Venkatesan as new CTO
PayPal Appoints Srini Venkatesan as New CTO: Key PointsAppointment Announcement:Srini Venkatesan named as PayPal’s new Chief Technology Officer (CTO), effective 24 June....
Former Temenos execs found GenAI banking tech start-up, yPilot
yPilot Fintech Start-up Overview
Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn.
Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense Acquires Tegus for $930 Million
Acquisition Details:Acquisition Value: $930 million.
Expected Closure: Q3 2024.
Key Assets Acquired: Tegus’ research platform, financial data, and...