Tag: Artificial Intelligence/AI
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
US fintech Amount lands $30m in fresh funding to advance AI capabilities
Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding round.
Investors: The round included...
CaixaBank doubles down on generative AI with launch of GalaxIA project
Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...
Stellex Capital acquires Fincentric from S&P Global
Acquisition Details: Stellex Capital Management, a US private equity firm with over $2.8 billion in assets, has acquired Fincentric (formerly Markit On Demand)...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
PayZen lands $32m equity investment and $200m credit warehouse in Series B round
Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series...