Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Leading Crypto Teams and Institutional Investors Team Up to Launch a $50 Million Cross-Chain Ecosystem Fund Powered by Wormhole

Business Wire
by Business Wire0
Borderless Capital is the manager behind this new fund. Investors include Jump Crypto, Aptos Labs, Polygon Ventures, Solana Foundation, Algorand Foundation, GSR, Arrington Capital among other institutions Over twenty blockchain teams and venture funds have teamed up to launch a $50 million Cross-Chain Ecosystem Fund focused on backing and growing......

ShiftPixy Initiates Investigation of Suspicious Trading Activity in Its Stock Leveraging New Data and Legal Framework

Business Wire
by Business Wire0
ShiftPixy, a Miami-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, announced it has engaged a registered broker dealer to review PIXY trading data and collaborate in filing FinCEN 314(b) suspicious activity reports (“SAR”) on......

Obie Raises $25 Million in Series B Funding Round to Expand Innovative Embedded Insurance Technology

Business Wire
by Business Wire0
In a sign of momentum, Obie secures a second round of funding, showing investor confidence in embedded insurance solutions for real estate investors Obie, an industry-leading insurtech startup, announced that it has raised $25.5 million in a Series B funding round led by Battery Ventures, with participation from Brick and......

Mamenta Partners with Rakuten to Support Rakuten Ichiba E-Commerce Merchants

Business Wire
by Business Wire0
Mamenta, announced the company is partnering with Rakuten Group, Inc., a global leader in internet services, to support e-commerce merchants on Rakuten Ichiba, the Japan-based internet shopping mall operated by Rakuten. Mamenta has integrated its technology suite – that makes it easy for brands like Harman International, Netflix, McAfee and......

Ripple Launches CBDC Platform for the Development of CBDCs and Stablecoins

Business Wire
by Business Wire0
Full-service platform allows user to seamlessly mint, manage, transact and redeem CBDCs and stablecoins With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the cost and risk of domestic and cross-border payment processes, Ripple is......

Percent Closes Oversubscribed, Nearly $30 Million Series B Funding Round to Meet Demand for Industry’s Most Innovative Private Credit Market Platform

Business Wire
by Business Wire0
Company Beats Revenue Expectations as Private Credit Continues to Heat Up; Funding Raised Will Help Fuel Continued Growth Percent, the innovative platform that has created the modern credit marketplace, announced the successful close of a $29.7 million Series B funding round, more than doubling the company’s total funding, which now......

Vonage Partners with Meta to Enable Secure and Instant Payments through WhatsApp in Singapore

Business Wire
by Business Wire0
Vonage Conversational Commerce, Powered by Jumper.ai, Enables Full Messaging-First eCommerce for Customers Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation, has partnered with WhatsApp as a Business Solution Provider, to launch payments on the messaging app in Singapore. With this new capability, Vonage Conversational Commerce, powered......

Visual Layer Announces $7 Million in Seed Funding from Madrona and Insight Partners

Business Wire
by Business Wire0
Cloud Service Built on the Popular Open Source Solution fastdup, Used by Over 200,000 Early Adopters, Addresses the Problem of Messy Visual Data Visual Layer announced $7 million in seed financing from Madrona and Insight Partners to curate the massive sets of visual data used to train, test, and fine-tune......

Spiff Announces $50 Million Series C Funding Round to Accelerate Sales and Finance Automation

Business Wire
by Business Wire0
Led by Salesforce Ventures, Spiff will further expand on its offerings and address other complex financial processes Spiff, the leading sales commission software for forward-thinking revenue and sales organizations, announced the closing of a $50M Series C fundraise led by Salesforce Ventures with participation from Lightspeed, Norwest, Kickstart Fund, Album......

Metropolitan Commercial Bank Furthers its Reach in the Title and Escrow Deposit Vertical

Business Wire
by Business Wire0
Metropolitan Commercial Bank, a New York City-based full-service commercial bank, announced today the further expansion of their Title and Escrow Deposit Vertical with the appointment of two veteran Title and Escrow banking professionals from Fifth Third Bank. “Rob and Nowanna are a great fit to assist in expanding our Title......
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