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

Possible Funding Thaw May Bring New Life to FinTech IPO Index
Possible Funding Thaw May Bring New Life to FinTech IPO Index
April 17, 2024  |  Fintech Investments

Call it the thaw after the FinTech funding winter. Maybe. And for the FinTech IPO Index, there may be some reason for cheer — perhaps...

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Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
April 17, 2024  |  Investments

Flatpay has raised 45 million euros (about $48 million) in a Series B funding round to expand its offering of point-of-sale (POS) systems and payment...

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Report: Mistral AI Targeting $5 Billion Valuation 
Report: Mistral AI Targeting $5 Billion Valuation 
April 17, 2024  |  artificial intelligence

Mistral AI is reportedly exploring a funding round that would value it at $5 billion. The French startup has been in talks with investors about raising several...

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Andreessen Horowitz Raises $7.2 Billion as VCs Focus on AI
Andreessen Horowitz Raises $7.2 Billion as VCs Focus on AI
April 17, 2024  |  artificial intelligence

Andreessen Horowitz has raised $7.2 billion for tech startups including those in the AI sector. The funding, announced by the venture capital (VC) group Tuesday...

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Kotakt.io Gets $47 Million From Goldman Sachs for AI-Driven Healthcare
Kotakt.io Gets $47 Million From Goldman Sachs for AI-Driven Healthcare
April 16, 2024  |  Investments

Health systems technology firm Kontakt.io has raised $47.5 million to expand its artificial intelligence (AI) solution. “Kontakt.io enables health systems to optimize patient, staff, and resource flows,...

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Finmid Raises $37 Million to Enable Embedded Financing in Europe
Finmid Raises $37 Million to Enable Embedded Financing in Europe
April 16, 2024  |  Investments

Finmid has emerged from stealth and announced it has raised 35 million euros (about $37 million) to expand its embedded financing solution to businesses across...

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Ibotta Increases IPO Goal to $551 Million
Ibotta Increases IPO Goal to $551 Million
April 16, 2024  |  IPO

Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering...

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Microsoft Invests $1.5 Billion in UAE AI Firm G42
Microsoft Invests $1.5 Billion in UAE AI Firm G42
April 16, 2024  |  Investments

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and...

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Google-Backed Lawhive Raises $11.8 Million for Online Legal Platform
Google-Backed Lawhive Raises $11.8 Million for Online Legal Platform
April 15, 2024  |  Investments

Online legal platform Lawhive has secured 9.5 million pounds ($11.8 million) in funding from GV (Google Ventures) and Episode 1 Ventures. The company will use...

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