Finance News – Startup
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Coinbase veterans secure $11m to launch stablecoin-native DeFi app on Solana
Former Coinbase executives have obtained $11 million in funding to develop True Markets, a stablecoin-based decentralized finance platform providing instant transactions and user-c...
Read Full Article →Trump signs bill criminalizing nonconsensual AI deepfake porn
The new legislation imposes financial risks on platforms by mandating prompt removal of harmful synthetic media and establishes penalties that may include substantial fines and pos...
Read Full Article →Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary
By acquiring a UPS subsidiary, Stord aims to enhance its logistics capabilities and potentially increase its market share in the competitive e-commerce industry, which may impact i...
Read Full Article →Congressman is investigating fintech Ramp’s attempt to win $25M federal contract
The inquiry examines whether Ramp, a financial technology company, is being given unfair advantages in securing a substantial government agreement worth millions of dollars.
Read Full Article →Check out the exclusive pitch deck that landed no-code AI agent startup StackAI a $16 million fundin...
StackAI, a startup specializing in no-code AI agents, secured significant investment from Lobby VC, reflecting strong confidence in the company's innovative technology and growth p...
Read Full Article →Rippling valued at $16.8 billion as HR software startup raises $450 million, says IPO not imminent
The recent $450 million funding round has increased Rippling's valuation to $16.8 billion, highlighting strong investor interest despite the company’s indication that a public offe...
Read Full Article →Nvidia-backed Israeli AI startup AI21 is raising a $300 million funding round
The substantial capital injection into the Israeli artificial intelligence company supported by Nvidia highlights growing investor confidence and potential for accelerated technolo...
Read Full Article →Visa invests in stablecoin startup BVNK
Visa Ventures has provided funding to BVNK, a company focused on developing technology for stablecoin transactions, highlighting its interest in advancing digital currency infrastr...
Read Full Article →Kenyan Court Orders Sam Altman's Crypto Project to Delete Biometric User Data
The legal ruling in Kenya could impact the startup’s operational costs and investor confidence, as increased regulatory pressures in multiple countries challenge its data handling...
Read Full Article →OpenAI says it can’t supply as much AI as people want — so it’s making a change
OpenAI’s decision to convert its for-profit branch into a public-benefit corporation aims to balance ethical considerations with financial sustainability amid high demand for its A...
Read Full Article →OpenAI says nonprofit will retain control of company, bowing to outside pressure
OpenAI’s decision to keep nonprofit oversight during its transition to a commercial structure may influence investment strategies and impact the company’s financial operations movi...
Read Full Article →Meet the new legal startup that Alex Spiro and Goodwin's top deals partner are betting on
Industry leaders Alex Spiro and a prominent Goodwin partner have invested in a new legal venture, highlighting confidence in its potential to impact the market and generate signifi...
Read Full Article →Here's an exclusive look at the pitch deck that got an ex-Amazon exec $10 million to bring AI agents...
A former Amazon executive successfully secured $10 million in funding to advance the use of AI agents within healthcare systems, highlighting the growing financial interest in inno...
Read Full Article →Amazon CEO Andy Jassy explains 6 things big companies should do to feel more like startups
Amazon's CEO emphasizes the importance of adopting startup-like principles, suggesting that such strategies could enhance innovation and agility, potentially leading to improved fi...
Read Full Article →Mortgage as an employee benefit? Kleiner Perkins leads $23.5M Series A for Multiply Mortgage
The recent $23.5 million funding round led by Kleiner Perkins highlights investor confidence in a startup aiming to enhance homeownership opportunities by integrating mortgage solu...
Read Full Article →Bolt CEO Ryan Breslow explains his troubled $30M personal loan, announces new ‘super app’
Bolt CEO Ryan Breslow addressed concerns regarding a substantial personal loan he secured, highlighting its impact on the company’s financial strategies as he introduced the new mu...
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