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PlaySafe ID Secures $1.12M in Pre-Seed Funding to Revolutionize Anti-Cheat Solutions in FinTech
PlaySafe ID, a digital identity platform focused on improving safety in online gaming, has raised $1.12 million in pre-seed funding. Led by Early Game Ventures with support from Hartmann Capital and Overwolf, the investment will accelerate user onboarding, hiring, and partnerships with game developers. The platform verifies player identities while preserving anonymity to combat issues like cheating and predatory behavior, ensuring compliance with regulations like the Online Safety Act. CEO Andrew Wailes emphasized the funding’s role in expanding their team and fostering a fair gaming environment. Industry leaders recognize PlaySafe ID’s potential to restore trust in an unregulated gaming ecosystem.
Questal Raises $3.2M to Revolutionize Personal Finance Management Using AI Technology
Questal, a pioneer in financial wellness, has secured $3.2 million in seed funding to enhance its flagship platform, Questis, aimed at transforming personal finance management. The funding, backed by a Silicon Valley family office and retirement planning professionals, will accelerate the deployment of Questis, which offers real-time financial insights and personalized coaching through a mix of AI and human expertise. The investment will also improve user engagement and education in financial services. Additionally, three new directors have joined Questal’s board to bolster governance. CEO Lynn Raynault emphasized the platform’s goal to help users better manage their finances.
Ahoy! Innovative Marine Insurance Solutions Launch in Florida Market
Ahoy! Insurance, a leading InsurTech company focused on marine insurance, has expanded into Florida to cater to its large boating community. With rising demand for customized insurance and traditional insurers raising premiums, Ahoy! aims to fill this gap with innovative, technology-driven policies. Their offerings include a government-backed policy and an Excess & Surplus coverage plan for larger vessels. The company simplifies the coverage search process for both consumers and agents, enhancing their experience. Vice President Bob Jones highlighted Florida’s importance in recreational boating, marking this expansion as a significant milestone for the company.
eBay Partners with Checkout.com for Lightning-Fast Global Payment Solutions
eBay is enhancing its payment infrastructure through a partnership with Checkout.com, aimed at improving transaction experiences globally. This collaboration will streamline payment processes, leading to faster transactions and higher acceptance rates, while ensuring enhanced security for users. With over 2.3 billion live listings, eBay seeks to provide seamless shopping experiences across various international markets. Avritti Khandurie Mittal from eBay emphasized the importance of speed and safety in their services, while Checkout.com CEO Guillaume Pousaz highlighted their technology’s role in maximizing payment efficiency. This initiative is crucial for modernizing eBay’s payment solutions and supporting business growth.
Republic Enters Negotiations for All-Stock Acquisition of Indiegogo: A Game-Changing Merger in Crowdfunding
Republic, a New York-based private market investing platform, is in talks to acquire the crowdfunding platform Indiegogo in an all-stock deal. This acquisition aims to enhance Republic’s position in the competitive investment landscape, following its recent acquisition of INX. Founded in 2008, Indiegogo has raised over $55 million from notable investors but has not secured institutional funding since 2014. While Indiegogo operates on a rewards-based model, Republic focuses on equity-based investments. Sources suggest Republic sees growth potential for Indiegogo, particularly in the film sector and the Middle Eastern markets, marking a renewed interest in a merger previously discussed in 2017.
Revolutionizing Global Transactions: Checkbook Unveils Real-Time International Payments with Visa Direct
Checkbook, an all-in-one payments platform, has expanded its Global Push-to-Card feature using Visa’s technology, enhancing real-time payment solutions for businesses worldwide. This upgrade facilitates efficient cross-border transactions, catering to freelancers and gig workers who can now access their earnings instantly. Key benefits include improved cash flow management and faster settlements for industries like insurance. Currently operational in multiple countries, Checkbook plans further expansion in 2025. Early adopter TipHaus highlights the feature’s impact on immediate payouts in the service sector. Checkbook’s CEO PJ Gupta and Visa’s Yanilsa Gonzalez-Ore emphasize the growing demand for fast, secure international payment solutions.