Tags: finance
Fuse Secures $6.6M Funding to Revolutionize Payment Solutions for Companies Expanding into MENA
Dubai-based fintech company Fuse is simplifying cross-border payments in the Middle East and North Africa (MENA) region with its innovative API, recently securing $6.6 million…
OpenAI Raises $40 Billion in Groundbreaking SoftBank Funding Round
On March 31, OpenAI raised a historic US$40 billion in a private funding round, valuing the company at US$300 billion. Led by SoftBank and supported…
Deutsche Bank’s DWS Hit with €25M Fine for Misleading ESG Claims: What You Need to Know
Deutsche Bank’s investment division, DWS, has been fined €25 million (about $27 million) by the Frankfurt prosecutor’s office for allegedly misrepresenting its sustainable investment practices.…
OpenAI Secures $40 Billion Funding, Achieving Impressive $300 Billion Valuation!
OpenAI has achieved a historic funding milestone, raising $40 billion in one of the largest private funding rounds ever, boosting its valuation to $300 billion.…
Regulators Slam ASX for Batch Settlement Breakdown: What You Need to Know
Recent issues with the ASX’s Chess system have raised operational reliability concerns in the Australian equity market. A memory allocation problem prevented batch settlements for…
SumUp and FreedomPay Join Forces to Revolutionize Secure and Seamless Payment Solutions
SumUp, a global FinTech firm, has partnered with FreedomPay to enhance payment solutions for retail and hospitality businesses worldwide. This collaboration aims to create a…
EU Delays Sustainability Reporting Rules to Alleviate Business Burden: What It Means for Companies
The European Union (EU) has approved a proposal to postpone key sustainability reporting requirements, aimed at easing regulatory burdens on companies. This decision introduces a…
FinTech Surge: Over $1 Billion Raised in 16 Major Deals This Week!
The FinTech sector attracted over $1 billion in investments this week, with 16 transactions totaling $1.13 billion despite a slow deal flow. Notable deals included…
ICE Collaborates with Circle to Unlock Innovative Stablecoin Applications
The Intercontinental Exchange (ICE) has signed a Memorandum of Understanding with Circle to explore integrating Circle’s USDC stablecoin and US Yield Coin across its platforms,…
OpenAI Set to Finalize $40 Billion Funding Round Led by SoftBank
OpenAI is nearing a $40 billion funding round, primarily backed by SoftBank, which aims to enhance its capabilities, especially with tools like ChatGPT’s image-generation. SoftBank…
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