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.

Modak Partners with Yoti to Create the Safest Fintech Platform for Teens

Business Wire
Modak, a fintech company for teens and families in the US, has partnered with digital identity company Yoti to enhance safety features for teens on its platform. Since launching in December 2022, 25,000 teens have signed up for Modak using Yoti’s facial age estimation technology. As a platform designed to enable teenagers......

Union.ai Announces $19.1 Million Series a and Launches All-New Union Cloud to Simplify AI and Data Workflows for All

Business Wire
Union Cloud enables any organization to operationalize complex AI with data ownership, governance and cost efficiency Union.ai, a company that extends companies’ ability to create next-generation AI and data products at scale, announced general availability of Union Cloud for North American and European customers of AWS and GCP. Union Cloud......

Vault Announces the Launch of the All-in-One Online Financial Platform for Canadian Small Businesses and Entrepreneurs

Business Wire
Business owners now have access to a full suite of financial products and services to manage their businesses across borders, without fees or minimum balances Vault, the all-in-one online financial platform for small-to-medium sized business (SMBs), announces its official launch and widespread availability across Canada. Founded in late 2021 by Saud......

Streamline Payment Processes with Transcard’s New Guidewire Marketplace App

Business Wire
Guidewire and Transcard announced that Transcard’s new Ready for Guidewire validated accelerator is now available to ClaimCenter users in the Guidewire Marketplace. Latest Fintech Interview: Global Fintech Interview with Peter Barcak, CEO and Co-Founder at credolab “Connecting our technologies helps our shared customers drive operational efficiency and improve customer satisfaction.” Customer expectations surrounding claims,......

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

Business Wire
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
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
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
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
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
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......
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