Companies are experimenting with services like ChatGPT to help workers write memos, answer questions, and much more, yet one of the clearest signs of how much traction AI is really getting in the world of enterprise IT is how often it figures in the more routine applications that organizations use. Today, a startup that exemplifies […]
Flatpay rings up $47M to target smaller merchants with simple payment solutions
As the world waits for $ 65 billion payments tech giant Stripe to go public, a wave of smaller startups continues to roll into the market to pick up more payments business. In one of the latest developments, Danish company Flatpay, which builds payment solutions for small and medium physical merchants like shops, restaurants and […]
PayPal backs Indonesian insurance startup Qoala in $47M funding
PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $ 47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as […]
London regtech GSS raises $47M to help banks screen for global sanctions
Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $ 47 million in a round of funding. The raise comes amid a spike in economic sanctions, with the U.S. issuing trade restrictions and asset blocking against states including Russia, China, Iran and more. Enforcement […]
Empathy closes $47M for AI to help with the practical and emotional bereavement process
Death, as the famous saying goes, is one of the inevitable certainties of life. But that doesn’t make coping with it any easier — not least because while loved ones are grieving, they must also handle a dizzying number of practical tasks, from organizing funerals through to settling finances for the deceased. A startup called […]