It was an explosive time for initial public offerings in the first quarter, the busiest since 2000. And, if SPACs are added in, the IPO market was downright ballistic. Renaissance Capital says there were 100 IPOs in the first quarter that raised $39.2 billion.
Investor's Business DailyScrypt AI announced that it has closed its first round of funding in direct response to overwhelming demand for artificial intelligence solutions for treasury management. Scrypt AI will use the funding to scale its market ready products across several industry sectors, having just announced that its software has been used to process thousands of invoices worth over $1B.
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FLA NewsSardine is the first fraud prevention as a Service (FaaS) solution truly built for digital businesses, helping companies scale and grow with zero fraud. Sardine today launches the first fraud prevention as a Service (FaaS) for digital businesses designed to detect all types of financial crimes, from identity fraud at account opening through to payment fraud at account funding.
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The COVID-19 pandemic was a disruptor in the purest startup sense. The immediate shift to remote work, school, and socially distanced ways of life accelerated innovation by an estimated five years. Inequalities were laid bare across countless aspects of daily life, exposing some difficult truths.
CHICAGO, March 19, 2021 /PRNewswire/ -- Relativity today announced a definitive agreement for a strategic growth investment from Silver Lake, the global leader in technology investing. The investment highlights Relativity's compelling position in enterprise data solutions and will support Relativity's mission to enable customers to organize data, discover the truth and act on it.
PR Newswire UKSilver Lake has agreed to make an investment in Relativity, a provider of e-discovery software.
PE Hub2020 brought unprecedented financial challenges to millions of unemployed and lower-income individuals. But it has also given rise to a fintech solution that may permanently alter and improve the way America banks. Neobanks are mobile-native alternatives to traditional branch-based banks.
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KSU | The Sentinel NewspaperFinancial technology or Fintech has been growing at a rapid pace for years now. Starting with online capital formation, today a growing number of sophisticated financial services are going through a much-needed. digital transformation. This can mean better/cheaper access to services for more consumers and businesses A clear win for all.
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The future of banking has arrived much sooner than most expected - accelerated by the outbreak of COVID-19 and subsequent global lockdowns. Cashless payments rose dramatically in 2020, with the number of contactless debit card payments reaching their highest level in August - accounting for nearly two-thirds (62%) of all debit card transactions.
NBA stars have been investing in Silicon Valley startups since as far back as 2015. Now it's rapidly increasing: At least seven NBA players have backed startups in the past two months. Athletes and their business partners say it's about building generational wealth and giving more people of color a seat at the table.
