PYMNTS-MonitorEdge-May-2024

funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
Bridge Raises $40 Million for Global Stablecoin-Based Payments Platform
August 30, 2024  |  Investments

Bridge reportedly raised $40 million to support its efforts to build a stablecoin-based payments platform designed to simplify global money movement. The funding brings the...

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Apple Investment in OpenAI Could Threaten Google Search’s Reach
Apple Investment in OpenAI Could Threaten Google Search’s Reach
August 30, 2024  |  Apple

Apple’s search deal with Google reportedly could be impacted by a potential Apple investment in OpenAI. Under a current deal between the two companies, Google pays Apple...

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Report: Vista Seeks $1 Billion to Help Fund Jaggaer Deal
Report: Vista Seeks $1 Billion to Help Fund Jaggaer Deal
August 27, 2024  |  Acquisitions

Vista Equity Partners is in funding discussions for its purchase of software firm Jaggaer. The firm is talking with Wall Street banks and direct lenders...

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G Squared Raises $1.1 Billion Amid ‘Secondary Market’ Interest
G Squared Raises $1.1 Billion Amid ‘Secondary Market’ Interest
August 26, 2024  |  Investments

Venture capital group G Squared has reportedly raised $1.1 billion for its latest fund. The firm aims to tap into increasing investor demand for G...

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HomeLight Raises $20 Million to Expand Bridge Loan Product
HomeLight Raises $20 Million to Expand Bridge Loan Product
August 26, 2024  |  Real Estate

Real estate technology platform HomeLight has raised $20 million of new funding to help expand its bridge loan product that helps homebuyers unlock equity from their existing...

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This Week in B2B Innovation: Riding the Digital Payments Wave
This Week in B2B Innovation: Riding the Digital Payments Wave
August 22, 2024  |  B2B Payments

The B2B landscape is undergoing a profound transformation, driven by a confluence of technological advancements, evolving business expectations, and the unrelenting push toward greater efficiency....

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Revenew Raises $4.55 Million, Launches Solution for Platforms and Marketplaces
Revenew Raises $4.55 Million, Launches Solution for Platforms and Marketplaces
August 22, 2024  |  Investments

Revenew has raised $4.55 million in venture capital (VC) funding and launched its flagship product Clarity. The company provides an all-in-one solution that helps platforms...

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Crypto’s 2024 Corporate Election Spending Dwarfs All Other Sectors
Crypto’s 2024 Corporate Election Spending Dwarfs All Other Sectors
August 22, 2024  |  Cryptocurrency

Regulatory clarity within the United States is one of the cryptocurrency industry’s top goals. The sector isn’t scared of spending big to get closer to...

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Skyfire CEO Says AI Agents Need New AI Payments Rails
Skyfire CEO Says AI Agents Need New AI Payments Rails
August 22, 2024  |  artificial intelligence

A new startup is addressing a significant challenge in artificial intelligence: enabling AI agents to independently manage financial transactions. San Francisco-based Skyfire has announced $8.5 million...

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