Fintech

Cybersecurity firm, Legit Security, has garnered $40M in a recent Series B funding round.

FlashIntel, a new sales tech platform, recently procured $10M seed funding.

Emerging startup Protect AI, dedicated to enhancing the security parameters of AI systems, has announced raising $35M in a series A round, driving their total funds to $48.5M.

Chinese start-up Zhipu AI, a prominent contender to OpenAI, has secured investment from Meituan, a significant e-commerce player.

Jirav, a startup helmed by industry veterans seeking to transform the financial planning landscape for companies, has closed a $20 million Series B funding round. The firm's unique financial planning and analysis tools are garnering attention, amid a rapidly expanding market.

Google Wallet is set to strengthen its market position by introducing a highly anticipated pass sharing feature for its users.

In an unprecedented move, Celestial AI, a tech company reimagining data movements with light interconnect technology, successfully raises $100 million. Their futuristic solution aims to tackle the impending ‘data movement’ problems faced by AI and machine learning workloads.

Astrix Security, a platform specialising in the management and enhancement of security for third-party app integrations, has successfully raised $25M in the recent Series A funding round. The funding will further bolster the expansion of the company's extensive reach in the application security sector.

Cloud computing powerhouse, Fortanix, debuts its new product, Confidential Data Search coming with superior capabilities for safe, scalable searches within encrypted databases, upholding data privacy and meeting regulatory standards.

Striveworks, an MLOps tools provider, announces its first funding round of $33M, with plans to use the funds for staff expansion and business development. The company has experienced impressive ARR growth of 300% annually over the past two years.

Nasdaq confirms its $10.5 billion acquisition of Adenza, a financial services software firm providing risk-management and regulatory solutions. The deal is expected to expand Nasdaq's serviceable addressable market by $10 billion, strengthening its position in regulatory technology, compliance, and risk management.

Escape, a French startup that completed Y Combinator’s winter 2023 cohort, recently raised $3.9 million for their cybersecurity solution targeting API security.

Venmo has introduced teen accounts and a Venmo Teen Debit Card to promote financial responsibility among young consumers. The accounts, managed by parents, offer separate balances, allowing parents to monitor transactions and manage privacy settings, while giving teenagers freedom to send and receive funds.

PhonePe, India's largest fintech startup, has so far raised $850 million in an ongoing funding round led by General Atlantic, with its valuation now at $12 billion.

Romanian startup FlowX.ai successfully raised a $35 million Series A funding round, leveraging its AI-based approach to application integration. Primarily working with enterprises in the financial sector, the platform aims to assist legacy organizations in launching new services faster, both internally and externally.

Product experimentation platform, Eppo, has secured $19.5 million in funding to expand its business. Competing with established platforms like Split, Statsig, and Optimizely, Eppo offers unique analysis tools and AI-assisted experiments, targeting revenue-focused metrics in app development.

Netherlands-based no-code platform, Betty Blocks, clinches €27.97M in a funding round led by SmartFin Capital, with participation from existing backers. The company plans to expand operations and enhance its platform, aiming to bring a new breed of developer on board and improve IT governance.

Berlin-based n8n, known for its “fair code” workflow automation platform, garners $1.5 million in seed funding from Sequoia and firstminute Capital, highlighting Sequoia's increasing interest in the European market. The platform is set to enhance integration and promote seamless collaboration between apps, fostering efficiency during the ongoing pandemic.

Airplane, a software-as-a-service development platform, raises $32 million in Series B funding, with plans to expand its team and product portfolio, enhancing the process of building internal tools for companies.

UserZoom, the experience insights management (XIM) platform, has raised $100M and acquired EnjoyHQ for expansion of its research operations. UserZoom helps businesses improve design and user experience, with clients like Google, Microsoft, and Salesforce. The funding, led by Owl Rock, will help the company broaden its mission, targeting UX design as strongly as sales.

OutSystems, a global leader in high-performance app development, has joined forces with Western Union, a cross-border and cross-currency money movement and payment leader, to launch a digital banking solution in Germany, Poland, and Romania, providing customers an integrated banking and money transfer solution with a multi-currency digital wallet.

OutSystems, a leading low-code app development company, has experienced a major valuation cut after raising new funds in October.

Tackle.io, a startup enabling software companies to sell through cloud marketplaces, has raised $100 million in Series C funding, reaching a $1.25 billion valuation.

No-code platform Bubble raised $100M in a Series A round led by Ryan Hinkle of Insight Partners, aiming to make software development accessible to non-coders and promote new startups. Bubble aims to grow alongside its customers as they scale their businesses.