Thursday, December 12, 2024

AI

Mastercard set to lay off around 3% of global workforce

Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees. The layoffs are a result of organizational changes announced...

US fintech Amount lands $30m in fresh funding to advance AI capabilities

Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding round. Investors: The round included...

CaixaBank doubles down on generative AI with launch of GalaxIA project

Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA, to further integrate AI across...

Stellex Capital acquires Fincentric from S&P Global

Acquisition Details: Stellex Capital Management, a US private equity firm with over $2.8 billion in assets, has acquired Fincentric (formerly Markit On Demand)...

ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing. Funds will be used for strategic acquisitions and tech infrastructure...

PayZen lands $32m equity investment and $200m credit warehouse in Series B round

Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series...

Experian snaps up behavioural analytics firm NeuroID

Acquisition Details:Experian has acquired NeuroID, a US-based tech start-up specializing in behavioral analytics, for an undisclosed amount.NeuroID's Expertise:Founded in 2014,...

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