Tag Archives: Startups

Ivy will use these funds to expand its footprint in different regions and partner with major payment service providers thereby helping them power their own open-banking offerings.  On Thursday, August 31, Berlin-based startup Ivy announced that it secured a staggering $20 million in funding in order to take the open-banking payments international. Ivy recently built an API to create a “network of networks” for open banking payments globally. Open banking, a concept where traditional banks...

AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic. AI21 Labs, a Tel Aviv-based AI lab and product startup, has raised $155 million in a Series C funding round that was led by such companies as Walden Catalyst Management LLC, Pitango VC, SCB10X Co Ltd, b2venture, Samsung Next, as well as Google LLC and NVIDIA Corp (NASDAQ: NVDA). The funding round has brought the company’s...

[unable to retrieve full-text content]CoinspeakerSequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds A noteworthy aspect of Sequoia Capital's approach is the strategic shift towards supporting younger startups, diverting attention from larger companies. Sequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds

[unable to retrieve full-text content]CoinspeakerMizuho Financial Group Plans for $72M Venture Debt Fund for Startups Mizuho said that startups in Japan are looking for debt wherein they can get loans without diluting the ownership stakes in the company. Mizuho Financial Group Plans for $72M Venture Debt Fund for Startups

The tech startup sector has recently faced challenges due to rising interest rates, which have put pressure on valuations, especially for late-stage companies. Europe’s startup ecosystem has matured significantly, and despite challenges faced by the tech industry, the region is witnessing a rise in startup mafias. According to new reports from the venture capital firm Accel, Europe, and Israel produced an average of five tech companies for every venture-backed company worth $1 billion or...

ZA Bank is also looking to offer services to Web3 crypto startups, a sector widely underserved by the banking space. Hong Kong is giving a major push to crypto adoption just at a time when US regulators have initiated a strong crackdown on crypto companies. In the latest development, Hong Kong’s largest virtual bank aka ZA Bank announced that it will allow crypto to fiat conversions. Besides, ZA Bank also noted that they would be facilitating settlements for regulated Web3 companies in...

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Der Bundesrat hat am 22. April 2020 entschieden, aussichtsreiche Startups mit Coronabedingten Liquiditätsengpässen über das Bürgschaftswesen zu unterstützen. Die vom Bund anerkannten Bürgschaftsorganisationen verschaffen Startups einen leichteren Zugang zu Bankkrediten. Das Staatssekretariat für Wirtschaft SECO hat in Absprache mit den interessierten Kantonen und den Bürgschaftsorganisationen nun dafür die praktischen Voraussetzungen geschaffen. Bürgschaftsanträge können diesen...