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

Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump
Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump
March 10, 2024  |  Cybersecurity

Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The...

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PayShepherd Raises $7 Million for Vendor Management Platform
PayShepherd Raises $7 Million for Vendor Management Platform
March 08, 2024  |  Investments

PayShepherd has raised $7 million in a seed funding round for its vendor relationship management platform designed for heavy industry firms. “This new funding will...

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Zama Raises $73 Million to Expand Encryption Solution
Zama Raises $73 Million to Expand Encryption Solution
March 07, 2024  |  Investments

Zama, a specialist in the field of cryptography, has secured $73 million in a Series A funding round to grow its Fully Homomorphic Encryption (FHE)...

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Embedded Finance Leads Treasury Management’s Digital Migration
Embedded Finance Leads Treasury Management’s Digital Migration
March 07, 2024  |  B2B Payments

Beyond monitoring the bank accounts, beyond the day-to-day ebb and flow of cash in the corporate coffers, treasurers’ roles are changing. And, increasingly, technology is...

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Baanx Raises $20 Million to Bring Crypto Payments Offering to US
Baanx Raises $20 Million to Bring Crypto Payments Offering to US
March 05, 2024  |  Investments

Cryptocurrency payments company Baanx has reportedly raised $20 million. The firm will use the Series A funding to help it introduce its services in the U.S. and Latin...

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Monzo Valued at $5 Billion as Neobank Plans Expansion
Monzo Valued at $5 Billion as Neobank Plans Expansion
March 05, 2024  |  Digital-First Banking

UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...

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Visa and Fundica Collaborate to Help Small Businesses Find Funding
Visa and Fundica Collaborate to Help Small Businesses Find Funding
March 04, 2024  |  SMBs

Fundica, a North American funding search engine, has teamed up with Visa to help traditionally underserved small business communities access additional sources of working capital....

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Voice Tech Expands Horizons Amid Increasing Risks of Scams
Voice Tech Expands Horizons Amid Increasing Risks of Scams
February 29, 2024  |  Voice Activation

From the convenience of voice-activated virtual assistants to the integration of speech recognition in smartphones and smart homes, the technology landscape is increasingly shaped by...

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Expanding Boundaries in Publishing: When Authors Collaborate with AI
Expanding Boundaries in Publishing: When Authors Collaborate with AI
February 29, 2024  |  artificial intelligence

A startup that uses artificial intelligence (AI) to create books has raised $37 million in the latest sign of how machine learning is transforming the...

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