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Hackers stole three million dollars from Polymarket users through a compromised third-party vendor

blockchain, Data and security, Digital Marketing, Fintech and ecommerce, Next Featured, SEO Tips, Technology /

Polymarket confirmed on Thursday that hackers stole funds from users after a third-party vendor was compromised, allowing malicious code to be injected into the prediction market’s website. Blockchain monitoring firm PeckShield estimated the losses at roughly three million dollars worth of cryptocurrency, drained from more than 11 victims. The company said in a post on […]

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Taktile raises $110M to automate banking’s riskiest calls

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Startups and technology, Technology /

Taktile has raised $110m in a Series C led by Goldman Sachs Alternatives. The startup wants banks and insurers to hand their riskiest decisions to AI agents, the calls that cost millions when they go wrong. Banks and insurers spend billions on people to screen risky transactions, process claims and vet new customers. Get one […]

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Airwallex raises $320M at an $11bn valuation

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Startups and technology, Technology /

Airwallex has raised $320M at an $11bn valuation, up from $8bn in December. The payments company is now pivoting to “autonomous finance” and AI agents that transact on your behalf. Airwallex, the global payments platform, has raised $320m in a Series H round. The deal values the company at $11bn, up from $8bn in December […]

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Alan raises €480M led by Prosus at a €5.5bn valuation

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Startups and technology, Technology /

French insurtech Alan has raised €480M led by Prosus at a €5.5bn valuation, just months after its last round. The Paris company is betting that AI-driven prevention can reshape health insurance. Alan, the French health insurance company, has raised €480m ($550m). The deal values the Paris firm at €5.5bn ($6.3bn). Dutch investor Prosus led the […]

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Meta’s new prediction market app Arena could bring betting to 3 billion users

Digital Marketing, Fintech and ecommerce, Meta, SEO Tips, Technology /

Mark Zuckerberg has directed a small team at Meta to build a smartphone app that would compete with prediction market platforms Polymarket and Kalshi, the New York Times reported on Tuesday. The app, internally called Arena, would operate independently from Facebook and Instagram. Meta declined to comment. Arena would initially use a video-game-style points system […]

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Robinhood is raising $2 billion in zero-coupon convertible bonds to buy back stock

Digital Marketing, Fintech and ecommerce, Investors and funding, Next Featured, SEO Tips, Technology /

Robinhood Markets is raising two billion dollars through a sale of convertible senior notes due October 2029, joining a surge of zero-coupon convertible issuance from technology companies betting that investors will accept no interest in exchange for equity upside. Goldman Sachs and JPMorgan are leading the offering, according to Bloomberg, with a greenshoe option that […]

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Meta buys a fifth of Cred, and a new WhatsApp boss

Artificial Intelligence, Corporates and innovation, Digital Marketing, Fintech and ecommerce, India, Investors and funding, SEO Tips, Technology /

Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsApp. Meta has found its next WhatsApp boss the way it now likes to find people: by writing a cheque. On Monday, the company said it would invest $900mn in Cred. […]

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Warren raises €10M to fix Belgium’s broken workplace pensions

Digital Marketing, Europe, Finance, Fintech and ecommerce, Investors and funding, SEO Tips, Technology /

The typical Belgian works for about 40 years and retires with a workplace pension worth less than a second-hand car. Warren, a Ghent-based fintech, wants to fix that. The company has raised €10mn in a seed round led by Motive Ventures, the venture arm of transatlantic investor Motive Partners. F Capital joined, alongside returning backers […]

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He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M.

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Technology, UK /

Baran Ozkan spent 15 months looking for software that did not exist. As head of financial-crime product at a European bank, he wanted a single tool to catch money laundering and fraud. Vendors overpromised. His own employer tried to build one in-house and failed. So he built it himself. His startup, Flagright, has now raised […]

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He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M. Read More »

A 201-year-old mutual bank just launched an AI Center of Excellence with a startup partner

Artificial Intelligence, Business, Digital Marketing, Fintech and ecommerce, Next Featured, SEO Tips, Technology /

Liberty Bank, a 201-year-old mutual bank headquartered in Middletown, Connecticut, announced the launch of an AI Center of Excellence alongside a strategic partnership with Flare AI. The centre will serve as the hub for AI strategy, governance, and execution across the bank’s personal, commercial, and digital operations. The partnership is structured around outcomes rather than […]

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