Profitable Payments Startup Zūm Rails Closes $10.5-Million Series A
Zūm Rails, a Montreal-based fintech startup, secured CAD $10.5 million in Series A led by Arthur Ventures to expand its payments platform in the US
February 25, 2024
Hack VC Closes Oversubscribed $150M Fund for Crypto Startups
Crypto-focused venture capital firm Hack VC has closed an oversubscribed $150 million fund to invest in early-stage Web3 companies, indicating continued growth in crypto venture
February 25, 2024
British Banks Want Big Tech to Pay Up When People are Scammed Online
British banks are demanding big tech companies take financial responsibility for online scams, citing a significant increase in fraudulent activity from online sources. Despite efforts by
February 25, 2024
Simetrik Secures $55M Series B Funding Led by Goldman Sachs
Simetrik, a financial automation company founded in 2019, has secured $55 million in a Series B led by Goldman Sachs. The investment aims to support
February 25, 2024
Peter Thiel-backed Valar Ventures invests in $6M funding round of German fintech Monite, US expansion on cards
Monite, a Berlin-based fintech specializing in finance automation for B2B platforms, has raised $6M in a round led by Peter Thiel-backed Valar Ventures, known for
February 25, 2024
Wix Partners with Global-e to Empower Online Merchants to Expand Their Global Reach and Seamlessly Sell Internationally
Wix.com has announced a strategic partnership with Global-e Online to offer Wix merchants an advanced international cross-border selling solution, simplifying international payments, shipping, tax, and
February 25, 2024
A16z Invests $100M in Crypto Startup EigenLayer
a16z’s crypto venture arm has invested $100 million in EigenLayer, a crypto startup specializing in the “restaking” of ether. The functionality, allowable by virtue of
February 25, 2024
AI is here…it’s in the numbers (NVIDIA’s that is)
AI indirectly topped this week’s most interesting tech news by virtue of being the center of attention of NVIDIA’s earnings report. At a time when
February 25, 2024
COF: DFS: QQQ
The big are getting bigger. CapitalOne (credit and debit card issuer) and Discover (card issuer and acquirer) are both large financial services concerns that own
February 24, 2024