February 5, 2025 @ 9:21 am By Omar Faridi  |  

Worldpay, a firm focused on payments tech and solutions, has announced that it entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform based in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of solutions and enable merchants… Read More

 Tagged acquisition, payments, ravelin, uk, worldpay

February 5, 2025 @ 9:19 am By Omar Faridi  |  

Pacaso, the tech-enabled real estate marketplace for co-owned luxury vacation homes, announced that it is continuing its international expansion with the acquisition of three European properties. The addition of two residences in London and one in Paris solidifies Pacaso’s presence in Europe, offering buyers “opportunities… Read More

 Tagged europe, pacaso, real estate, us

February 5, 2025 @ 7:32 am By Omar Faridi  |  

Cushion, a Fintech company that helped Americans negotiate bank and credit card fees to secure refunds, has ceased operations. According to a LinkedIn post by CEO Paul Kesserwani, the decision to wind down the firm was made at the end of last year due to… Read More

 Tagged cushion

February 4, 2025 @ 10:23 pm By Omar Faridi  |  

ExtractAlpha, a provider of alternative data and analytics solutions, announced the acquisition of ESG Analytics, a platform offering real-time, actionable insights into ESG metrics. This acquisition enhances ExtractAlpha’s commitment to expanding its data-driven solutions, enabling clients to harness ESG insights for improved decision-making. The addition… Read More

 Tagged acquisition, alternative data, analytics, esg metrics, extractalpha

February 4, 2025 @ 10:21 pm By Omar Faridi  |  

Anchor, the Autonomous Billing & Collections platform, announced it raised a $20 million Series A funding round, led by Mosaic General Partnership and Oren Zeev from Zeev Ventures. Existing investors, including Entrée Capital and Tal Ventures participated, alongside new investors Amy Banse, who will be… Read More

 Tagged anchor, autonomous billing, collections, funding round

February 4, 2025 @ 10:18 pm By Omar Faridi  |  

The global payments landscape is undergoing significant changes, driven by the increasing need for cross-border transactions. TransferGo, a global Fintech company, has launched a multi-currency business account to cater to the growing demands of international businesses. This service allows companies to hold, exchange, send, and… Read More

 Tagged Cross-Border Transactions, digital payments, international payments, transfergo

February 4, 2025 @ 10:17 pm By Omar Faridi  |  

JPX Market Innovation & Research, (JPXI), a provider of Japan’s financial market data, and Snowflake, the AI Data Cloud company, announced a partnership in order to disseminate data over Snowflake’s platform. Data provision via Snowflake will enable market participants to get access to JPXI’s data… Read More

 Tagged ai, cloud, data, japan, jpxi, snowflake

February 4, 2025 @ 10:15 pm By Omar Faridi  |  

Closinglock, a fraud prevention tech provider for the real estate industry, announced it closed a $34 million Series B round. The investment round was reportedly led by Sageview Capital and “supported by Headline and RWT Horizons.” This financing will advance the company’s mission to power… Read More

 Tagged closinglock, fraud, funding, real estate

February 4, 2025 @ 10:13 pm By Omar Faridi  |  

Fuel Ventures, a UK venture capital firm, announced its investment of £2 million in Prosper, a wealth management platform targeting high net worth individuals that is shaking up the way wealth is managed by unlocking access to private markets and leveraging AI. The investment round… Read More

 Tagged fuel.ventures, investments, prosper, wealth management

February 4, 2025 @ 5:13 pm By Omar Faridi  |  

As the threat of fraud rises with the increasing use of generative AI, traditional methods of verifying consumer information have become inadequate according to an update from Nova Credit. A study projects AI-driven fraud losses could reach “$40 billion by 2027, highlighting the urgent need… Read More

 Tagged fraud, nova credit