Hifi news and trends

Today in FinTech: Payrails Raises $6.4M Seed for FinOps; Kyash Secures $41M to Expand; PowerPay...
Fintech Investments // March 17, 2022

In today’s FinTech news, three Delivery Hero alums have raised $6.4 million in seed funding to grow their financial operations software startup Payrails. Meanwhile, digital bank Kyash took in $41 million in a Series D fundraise for expansion, and home improvement lender PowerPay is adding...

Quincy Jones Backs HIFI Eight-Figure Funding Round
Investments // March 17, 2022

HIFI, the New York-based financial rights company for the music industry, has completed a strategic funding round backed by investors, managers and Quincy Jones, Music Business World reported Wednesday (March 16). Terms of the investment were not disclosed. Sources estimated the deal was in eight...

HIFI Acquires The Music Fund Bringing AI to Bear on Sluggish Creator Economy Payments
Payment Methods // September 30, 2021

In the latest news, artists’ financial rights organization HIFI is acquiring royalty payments FinTech The Music Fund (TMF) in a deal aimed at addressing the notion of a starving artist. Specifically, HIFI wants to leverage TMF’s artificial intelligence (AI) that powers a “smart-pricing algorithm” that gives artists and musicians a...

Quick Reads
TIDAL Owner Block Acquires Artist-Oriented Financial Product Provider HIFI

October 13, 2023
Block has acquired HIFI, a firm that provides financial products for music artists and their teams. HIFI founder and CEO Damian Manning announced the acquisition in a Thursday (Oct. 12) post on LinkedIn and a message on the company’s website. “We’re thrilled to announce that as of today, HIFI is joining Block Inc. (formerly Square […]

Quincy Jones Backs HIFI Eight-Figure Funding Round

March 17, 2022
HIFI, the New York-based financial rights company for the music industry, has completed a strategic funding round backed by investors, managers and Quincy Jones, Music Business World reported Wednesday (March...

HIFI Acquires The Music Fund Bringing AI to Bear on Sluggish Creator Economy Payments

September 30, 2021
In the latest news, artists’ financial rights organization HIFI is acquiring royalty payments FinTech The Music Fund (TMF) in a deal aimed at addressing the notion of a starving artist. Specifically, HIFI wants to leverage...