AI fintech company Powder closes $5 million seed funding round
Powder, a fintech company that creates Generative AI agents, have announced today that it has closed a $5 million seed funding round.
Leading AI decisioning platform provider Rich Data Co secures further $9 million in funding from Acorn Capital
Rich Data Co, an industry leader in Artificial Intelligence decisioning, has secured a $9 million investment from Acorn Capital.
Loopit raises A$3.95 million to fuel automotive industry’s shift towards flexible car subscriptions
Loopit, a leading provider of mobility software, has successfully closed a A$3.95 million pre-Series A funding round to fuel its expansion across the U.S. market.
US fintech Rippling now valued at $13.5 billion after $200 million raise
Rippling have raised $200 million in new financing, and signed agreements with investors to repurchase up to $590 million of equity.
Fintech funding in the Americas falls: KPMG
Total fintech investment in the Americas dropped from $95.4 billion in 2022 to $78.3 billion in 2023 as the number of fintech deals plummeted from 3,467 to 2,136.
UK insurtech hyperexponential raises $73m Series B and announces US expansion
UK insurtech hyperexponential today announced the completion of its $73 million (£57.2 million) Series B funding round.
Boston fintech Lendbuzz raises $345 million to expand its AI-powered auto finance platform
Boston fintech Lendbuzz has raised $345 million in a combination of $45 million in equity funding and $300 million in a forward flow facility.
Seattle financial integration company PortX secures $16.5 million in Series B funding
PortX, a leader in financial integration and open banking for community financial institutions and fintechs, have closed its Series B funding round, securing $16.5 million,
