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CEO Davies Exits Revolut After One Year

PYMNTS

Davies’ exit comes just four days after the London-based operation announced $80 million in new funding. What a journey in the last year – leadership teams and operations in Ireland, the U.S., What a journey in the last year – leadership teams and operations in Ireland, the U.S.,

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188
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Investors Impressed By Mix Of AI And Analytics

PYMNTS

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. Operating in the trade finance market, CCRManager announced $6.5 Expense Management. CCRManager.

Analytics 109
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B2B eCommerce Tips The VC Scales

PYMNTS

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup.

Capital 128
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

That does little to stop events already in motion from coming into the light of day eventually, and as Hong Kong’s California Fitness chain of gyms is finding out, it does even less to quell public outrage when it happens. Minyard was founded back in 1932 and, at one point, operated more than 80 locations throughout the South.

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Startups (And Their Investors) Offer Enterprise Processes A Digital Overhaul

PYMNTS

The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. The firm said it will use the investment to focus on operational expansion.

Capital 156
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience.