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IDC Forecasts Revenue for Artificial Intelligence Software Will Reach $307 Billion Worldwide in 2027
Artificial Intelligence Fintech News

IDC Study: AI Software Market will Grow to $307 Billion

Business Wire
A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%. The forecast for AI-centric software* includes Artificial Intelligence Platforms, AI Applications,......
Revenge Travel is Here to Stay, Visa Study Reveals
Fintech News

Revenge Travel is Here to Stay, Visa Study Reveals

Business Wire
Today Visa announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends in consumer behaviors and preferences for outbound and inbound cross-border travel. Travel has surged post-COVID and there are no signs of retreating, despite rising costs. According to U.S. Travel Association’s......
The Results are In: Digital Payments are a Prescription for Patient Satisfaction
Digital Fintech News

The Results are In: Digital Payments are a Prescription for Patient Satisfaction

Business Wire
71% of patients said that receiving fast and secure digital refunds would improve their overall satisfaction. Onbe, a leading corporate payouts platform, just published its Fall 2023 Healthcare Payments Survey revealing that patients are eager for healthcare providers to offer digital payment options, with 77% saying that making and receiving......
Leap Secures Follow-on Funding from Presidio Ventures
Fintech Fintech Funding News

Leap Secures Follow-on Funding from Presidio Ventures

Business Wire
VPP platform provider experiences rapid growth in 2023 Leap, the leading virtual power plant (VPP) platform, today announced that it has secured additional equity financing from Presidio Ventures, bringing Leap’s total B-EXT funding to $16M after a round announced in July 2023. “Leap has experienced rapid growth this year, surpassing 175,000 meters and......
Bumble Inc. Announces Third Quarter 2023 Results
Finance Fintech News

Bumble Inc. Announces Third Quarter 2023 Results

Business Wire
Total Revenue Increased 18% to $276 Million Bumble App Revenue Increased 23% to $222 Million Bumble App Paying Users Increased 25% to 2.6 Million; Grew 147,000 Quarter Over Quarter Net Earnings of $23.1 Million, Adjusted EBITDA of $75.3 Million Share Repurchase Program Increased to $300 Million Bumble Inc. today reported financial......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
Women We Admire Announces Top 50 Women Leaders in Investment Management of 2023
Fintech News

Women We Admire Announces Top 50 Women Leaders in Investment Management of 2023

PR Newswire
Please join us in celebrating the accomplishments of The Top 50 Women Leaders in Investment Management of 2023 Please join us in celebrating the accomplishments of The Top 50 Women Leaders in Investment Management of 2023. Put simply, investment management refers to the supervision of financial assets and investments, extending......
MMGY Global Announces New Investment by EagleTree Capital
Investment Services News

MMGY Global Announces New Investment by EagleTree Capital

PR Newswire
Investment to propel the travel marketing and communications leader’s global growth strategy MMGY Global, a leading integrated marketing firm specializing in travel, tourism and hospitality, announced that investment funds managed by private equity firm EagleTree Capital have acquired the company from previous partner Peninsula Capital Partners LLC and other shareholders,......
Red Iron Group Announces Strategic Investment in Hiline Services
Investment Services News

Red Iron Group Announces Strategic Investment in Hiline Services

PR Newswire
Leading Provider of Financial Operations-as-a-Service Positioned for Significant Further Growth and Capabilities Expansion Red Iron Group, a Menlo Park-based private investment firm, announced a significant growth investment in hiline Services, LLC (“hiline” or “the Company”), a fast-growing provider of financial operations-as-a-service. Red Iron Group will provide financial, operational and strategic support......
Bitwave Integrates with Coinbase Prime to Revolutionize Crypto Payment Industry
Cryptocurrency Digital Payments News

Bitwave Integrates with Coinbase Prime to Revolutionize Crypto Payment Industry

GlobeNewswire
Bitwave, the leading provider of enterprise finance solutions for digital assets, is thrilled to announce the launch of Bitwave Enterprise Payments, a groundbreaking, end-to-end institutional crypto payments product. This exciting solution is launching today with a seamless integration to Coinbase Prime and developed as part of Bitwave’s continued membership in the Coinbase......
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