Category : Investments

Investments in Product-Led Strategy Drove Yelp’s Strong 2023 Results
Fintech Investments News

Yelp Released its Financial Results for the Fourth Quarter and Full Year 2023

Fintech News Desk
by Fintech News Desk0
The company expects 2024 net revenue will be in the range of $1.42 billion to $1.44 billion as our Services initiatives gain traction. The company also expects 2024 adjusted EBITDA will be in the range of $315 million to $335 million. Yelp Inc., the company that connects people with great......
Ai for Alpha Integrates New Generative Artificial Intelligence into Its Investment Process
Artificial Intelligence Fintech Investments News

Ai for Alpha Integrates New Generative Artificial Intelligence into Its Investment Process

Business Wire
by Business Wire0
Investment professionals find it valuable to combine the analysis of investor sentiments with market indicators such as trends, risk aversion, and other market factors with the help of Gen AI. Ai for Alpha, a leading fintech company specializing in leveraging machine learning for advanced investment strategies, announces the integration of......
CrowdStrike Significantly Invests in India Operations to Continue Protecting Businesses from Modern Cyber Attacks
Fintech Investments News

CrowdStrike Significantly Invests in India Operations to Continue Protecting Businesses from Modern Cyber Attacks

Business Wire
by Business Wire0
The new, 52,000 square foot facility nearly doubles the capacity of previous facilities in Pune, cementing the cybersecurity leader’s commitment to protecting organisations in India and across the region. CrowdStrike today announced the opening of its new, state-of-the-art office in Pune, India, significantly strengthening the company’s presence in the region.......
cPacket Announces Closing of a $67M Investment from Morgan Stanley Expansion Capital and Trinity Capital Inc.
Investments

cPacket Announces Closing of a $67M Investment from Morgan Stanley Expansion Capital and Trinity Capital Inc.

Business Wire
by Business Wire0
cPacket closed on a $67M funding round of debt and equity, to extend its product and technology lead in the enterprise hybrid network observability and security market. cPacket Networks Inc. is thrilled to announce the successful completion of a $67 million transaction, including a primary and secondary equity investment by......
Meter Secures $35 Million in Funding
Fintech Investments News

Meter Secures $35 Million in Funding

Fintech News Desk
by Fintech News Desk0
Funding fuels Meter’s commitment to turn internet infrastructure into a utility, scale team, and meet surging customer growth Meter, Inc., a firm which builds internet infrastructure for businesses, announced $35 million in funding that will be used to further propel growth and development across the company. Sam Altman and Lachy......
Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector
Fintech Investments News

Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector

Business Wire
by Business Wire0
With this investment, Wipro becomes a majority shareholder in Aggne, which brings to Wipro a highly sought-after and unique set of capabilities and Intellectual Property (IP) in the property & casualty (P&C) insurance space. Wipro Limited, a leading technology services and consulting company, today announced that it has made a......
Perigon Secures $5M in Seed Funding to Structure the Open Web for AI
Fintech Investments News

Perigon Secures $5M in Seed Funding to Structure the Open Web for AI

Business Wire
by Business Wire0
In a major step towards reshaping how AI processes the ever-expanding realm of public web data and news media, Perigon has successfully closed a $5 million seed financing round led by LiveOak Ventures. Founded in 2022 by serial entrepreneur Joshua Dziabiak and Emmy-winning innovator Josh Rickel, Perigon is at the......
Synthetaic Raises $15 Million in Series B Funding to Unlock Insights from Image Data with AI
Artificial Intelligence Fintech Investments News

Synthetaic Raises $15 Million in Series B Funding

Fintech News Desk
by Fintech News Desk0
This latest round will accelerate customer acquisition and capture new market opportunities for Synthetaic’s AI-powered data analysis solutions. Synthetaic, a provider of advanced AI solutions, raised $15 million in Series B funding from new and existing investors. The round was co-led by Lupa Systems and TitletownTech, with participation from IBM......
ResearchAndMarkets.com Added “Nigeria Alternative Lending Market Business and Investment Opportunities Databook”
Finance Fintech Investments News

ResearchAndMarkets.com Added “Nigeria Alternative Lending Market Business and Investment Opportunities Databook”

Fintech News Desk
by Fintech News Desk0
These findings ascertain that Nigeria’s medium to long-term growth narrative in the alternative lending sector is robust, paired with a forecast CAGR of 27.4% from 2023 to 2027. The sector is envisioned to expand from its US$146.6 million mark in 2022, reaching an impressive US$560.4 million by 2027. The “Nigeria......
Walmart.com customers round up to Spark Good for military families, helping raise more than $3.2 million for Operation Homefront
Fintech Investments News

Walmart and its Loyal Customers Raised Over $3.2 Million for Operation Homefront

Fintech News Desk
by Fintech News Desk0
Customers shopping at Walmart.com support national nonprofit serving America’s military and veteran families Operation Homefront, the national nonprofit whose mission is to build strong, stable, and secure military families, announced today that Walmart and its loyal customers raised over $3.2 million for the organization. From October 23 to November 30, Walmart engaged customers......
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