.png "A quick and simple roundup of startup news for 20 Nov 2025. See today’s funding deals, new launches, and important updates.")
A quick and simple roundup of startup news for 20 Nov 2025. See today’s funding deals, new launches, and important updates.
Félix to Leverage Mastercard Move to Accelerate Cross-Border Remittances
Félix is expanding its collaboration with Mastercard to modernize remittance flows from the U.S. to Latin America. Using Mastercard Move, Félix enables faster, transparent, and secure transfers. Users initiate transfers on WhatsApp via text or voice to send money quickly. Over 500,000 users in Latin America already use Félix’s platform. This integration aims to reduce delays and build trust in remittances for families.
Klarna sets USD 6.5 billion loan transfer plan to support US growth
Klarna plans a major loan transfer to underpin growth in its U.S. market. The move aims to support increased lending capacity and expand consumer financing services. It reflects Klarna’s commitment to scaling operations and enhancing market presence. This strategy typically boosts Klarna’s loan availability to consumers for purchases.
Ecommpay supports Apple Pay’s QR-based payments
Ecommpay has integrated Apple Pay’s QR code payment feature, enabling Apple Pay for shoppers on non-Apple devices and browsers. Users on Windows or Android platforms can scan a QR code with their Apple device to authorize payments securely. The feature enhances user convenience, retaining Apple Pay’s biometric security and reducing checkout friction. This upgrade is automatic for Ecommpay merchants, aiming to increase transaction completions. It broadens Apple Pay's usability beyond Apple-only ecosystems.
Maybank taps XTransfer for Shariah-compliant cross-border payments
Maybank partners with XTransfer to offer cross-border payments compliant with Shariah principles. The service enhances funds transfer capabilities for Islamic finance customers. It supports secure, efficient international payments while adhering to Islamic laws. The partnership strengthens Maybank's position in Islamic banking innovation.
Mastercard brings agent pay to the UAE
Mastercard has introduced agent pay services in the UAE, facilitating cash-in and cash-out payments via authorized agents. This expands access to digital payments for underserved populations. The program enhances financial inclusion by enabling agent-assisted transactions. Mastercard’s infrastructure supports secure and convenient payment options. The launch aims to accelerate the UAE’s transition to a cashless economy.
Nuvei Begins Processing Merchant Transactions via EPI’s Digital Wallet, Wero
Nuvei has started processing payments through the European Payments Initiative’s (EPI) digital wallet called Wero. This collaboration supports merchants adopting this pan-European payment solution. The integration streamlines merchant payments and fosters interoperability across European markets. Nuvei’s support also encourages broader digital wallet adoption. The move aligns with evolving consumer payment preferences in Europe.
FreeAgent and Pleo Partner to Streamline Expense Management for UK SMEs
FreeAgent, an accounting software provider, teamed up with Pleo, a business spending platform, to enhance expense management for UK SMEs. The integration simplifies expense reporting and reconciliation. SMEs benefit from automated workflows and real-time expense tracking. The partnership aims to improve financial management efficiency for small businesses. It reduces manual tasks and increases financial transparency.
GCash Taps BPC’s SmartVista Platform to Launch ‘PocketPay’
GCash, a leading Philippine e-wallet, uses BPC’s SmartVista platform to introduce PocketPay, a new digital payment solution. PocketPay offers easy and secure payment options for users and merchants. The platform supports various payment channels and improves transaction efficiency. This launch advances financial inclusion and digital payment adoption in the Philippines. GCash strengthens its ecosystem with this technology partnership.
DLocal connects to Circle Payments Network
DLocal, a cross-border payments platform, has integrated with Circle’s Payments Network to enhance its global payment capabilities. This connection facilitates faster and more cost-effective transactions. Merchants gain access to a broader range of stablecoin and fiat payment options. The integration supports seamless cross-border merchant payments and settlements. It positions DLocal for growth in international markets.
Easebuzz secures authorization to operate as full-stack payment aggregator
Easebuzz has received regulatory authorization to function as a full-stack payment aggregator. This enables Easebuzz to offer end-to-end payment solutions including gateway, processing, and settlement. The authorization strengthens Easebuzz’s market offering and compliance status. It allows the company to serve merchants with comprehensive payment services. This milestone underscores Easebuzz’s ambition in the digital payments landscape.
Bloxx Introduces Home Equity Subscription Platform
Bloxx launched a revolutionary home equity subscription platform enabling homeownership starting with just a 1% deposit. Users build equity over time via fixed monthly payments without needing a mortgage. The platform addresses housing affordability by creating a new asset class connecting institutional capital directly to homebuyers. After five years, users can renew, move, or buy out their remaining equity. Bloxx aims to onboard 1 million homeowners globally, supported by Web3 tech innovation.
Solflare Unveils Self-Custody Crypto Debit Card
Solflare announced its new self-custody crypto debit card that allows users full control over their crypto assets. The card supports easy crypto spending while maintaining private key custody with the user. It targets crypto enthusiasts wanting seamless conversion of crypto to fiat at merchants. This product enhances user autonomy in crypto asset management and spending. The card integrates with popular wallets to streamline usage.
Zillow Launches CreditClimb for Renters
Zillow introduced CreditClimb, a financial tool designed to help renters build credit histories through timely rent payments. It reports verified rent payments to major credit bureaus. The service targets millions of renters looking to improve credit scores for future financial opportunities. CreditClimb integrates into Zillow’s rental platform for seamless user experience. It aims to empower renters with credit-building tools traditionally limited to loan payments.
TD Bank Lets Cardholders Redeem Points on Amazon Purchases
TD Bank cardholders can now redeem their reward points directly for purchases on Amazon. This new feature simplifies rewards redemption and encourages card usage. The integration enhances customer convenience by linking rewards to a major e-commerce platform. It is part of TD Bank’s strategy to increase cardholder engagement and satisfaction. The move supports the bank’s digital rewards ecosystem.
Stratiphy Returns to the Crowd for Funding Boost
Stratiphy, a fintech company, is launching a new crowdfunding campaign to raise capital for its growth initiatives. The company focuses on financial technology products and is seeking community investment. This strategy aims to accelerate product development and market expansion. Stratiphy's return to crowd funding indicates confidence in its scalable technology solutions. The funds will be used to boost R&D and customer acquisition.
Fintech Wealthfront to Offer Lower-Rate Home Mortgages
Wealthfront announced it will start offering home mortgages with competitive, lower rates to customers. This expansion complements its existing investment and financial planning services. The move addresses consumer demand for affordable home financing from digital-first firms. Wealthfront leverages technology to streamline mortgage application and approval processes. This entry marks a significant fintech push into the mortgage lending space.
Car Finance Fintech Zuto Secures Majority Investment from Bridgepoint
Zuto, a UK-based car finance fintech, secured a majority investment from private equity firm Bridgepoint. The investment supports Zuto’s growth plans in digital automotive finance. It aims to expand platform capabilities and customer reach across Europe. Bridgepoint’s backing provides strategic capital and expertise for scaling operations. The deal highlights continued investor interest in automotive fintech innovation.
Cover-More Europe Launches Parametric Flight Delay Perk
Cover-More Europe introduced a parametric insurance product to automatically pay customers for flight delays. The perk uses real-time data triggers to speed up claim payments. This tech-driven insurance service enhances customer experience with hassle-free compensation. It targets frequent travelers seeking reliable protection against travel disruptions. Cover-More leverages parametric models to disrupt traditional claims processes.
Lloyds Acquires UK Digital Wallet FinTech Curve
Lloyds Bank announced the acquisition of Curve, a UK-based digital wallet fintech, to strengthen its digital banking offerings. Curve offers a unified payment card that consolidates multiple credit and debit cards. The acquisition accelerates Lloyds’ strategy to innovate in digital payments and enhance customer experience. It gives Lloyds access to Curve’s technology and user base. This reflects growing consolidation in the UK fintech space.
Yubi Raises ₹411 Crore to Fuel Global Expansion and Deepen AI Investments
Indian fintech Yubi raised ₹411 crore in funding to expand globally and invest heavily in AI capabilities. Yubi specializes in digital payment processing and customer engagement solutions. The capital infusion will support new market entry and product innovation fueled by AI. Yubi aims to enhance user personalization and security through AI-driven analytics. This funding underscores investor confidence in scalable fintech AI applications.
Ramp Reaches $32 Billion Valuation, Doubling Revenue and Customers
Ramp, a fintech company specializing in corporate expense management, has doubled its revenue and customer base in the past year. This growth has led to a valuation of $32 billion. Ramp’s platform focuses on helping businesses manage spending efficiently and automate expense reporting. The surge reflects strong market demand for modern financial control tools. Ramp continues to expand its product offering worldwide.
Stakk Set to Surpass Forecast ARR with SoFi Deal
Stakk, a fintech firm, is projected to exceed its annual recurring revenue (ARR) forecast following a new embedded finance solution deal with SoFi Technologies. The partnership enables Stakk to integrate its financial products within SoFi’s ecosystem. This deal is expected to significantly scale Stakk’s customer reach. It highlights growing demand for embedded finance in the U.S. market. Stakk is positioned for accelerated growth with this collaboration.
FIS Adds Consumer Auto Finance Capabilities to Asset Finance Platform
Financial services tech provider FIS has enhanced its asset finance platform by adding consumer auto finance capabilities. This expansion allows lenders to offer flexible car financing solutions using FIS’s technology. The update supports digital application processing and credit decision automation. FIS aims to capture more of the automotive finance market with these new tools. The initiative caters to evolving consumer financing preferences.
DIB Launches Debut Sustainability-Linked Sukuk
Dubai Islamic Bank (DIB) issued its first-ever sustainability-linked sukuk, marking a significant step in eco-friendly Islamic finance. The sukuk’s financial terms are linked to the bank’s achievement of sustainability goals. Funds raised will support green projects aligned with environmental objectives. This debut product reflects DIB’s commitment to sustainable development. It demonstrates growing importance of ESG factors in Islamic financial instruments.
OCC Says Banks Can Pay Crypto-Asset Network Fees for Permissible Activities
The U.S. Office of the Comptroller of the Currency (OCC) clarified that banks may pay fees for crypto-asset network services in connection with permitted banking activities. This regulatory guidance removes ambiguity around fee payments for crypto transaction processing. It enables banks to collaborate more freely with crypto firms under federal oversight. The move supports greater integration of crypto services into traditional banking. This is part of broader crypto regulatory clarity efforts.
Autonomy to Add 1,250 Electric Vehicles to Car Subscription Offering
Autonomy, a car subscription service, announced plans to expand its electric vehicle (EV) fleet by adding 1,250 EVs. This initiative aims to meet increasing consumer interest in sustainable mobility options. The expanded EV offering supports Autonomy’s commitment to reducing carbon emissions. Subscribers get access to a wide range of electric vehicles under flexible subscription terms. The company is capitalizing on growing EV market demand.
Ixopay Appoints George Hansen as Chief Revenue Officer
Ixopay, a payment orchestration platform, named George Hansen as its new Chief Revenue Officer (CRO). Hansen brings extensive experience in scaling fintech sales and revenue streams. His appointment is part of Ixopay’s strategy to accelerate business growth globally. Hansen will lead sales, marketing, and customer success initiatives. This leadership move supports Ixopay’s market expansion ambitions.
Broadridge and Xceptor Combine to Offer Unified Tax Platform
Broadridge Financial Solutions and Xceptor announced a collaboration to create a unified tax platform for financial services. The integrated platform automates tax reporting and reconciliation processes. It aims to reduce operational risk and improve compliance for firms. Both companies leverage AI and automation technologies to streamline workflows. The partnership addresses growing demand for efficient tax management solutions.
FDIC Sues Capital One Over 2023 Bank Failure Special Assessment
The Federal Deposit Insurance Corporation (FDIC) filed a lawsuit against Capital One disputing a special assessment imposed to cover 2023 bank failures. The FDIC seeks to collect fees from Capital One to help stabilize the banking system. Capital One challenges the assessment's fairness and calculation methodology. The case highlights ongoing tensions between regulators and banks over financial crisis cost-sharing. It may impact future special assessment policies.
Kraken Raises $800 Million, Valued at $20 Billion Ahead of IPO Plans
Cryptocurrency exchange Kraken secured $800 million in funding, boosting its valuation to $20 billion. The fundraising positions Kraken strongly ahead of planned initial public offering (IPO) ambitions. The capital will be used to expand product offerings and global reach. Kraken continues to lead the crypto exchange industry amid growing investor interest. This milestone reflects strong confidence in its business model ahead of public markets.
WazirX Returns After $230 Million Hack Forced Year-Long Shutdown
WazirX, a major cryptocurrency exchange, resumed operations after a year-long shutdown caused by a $230 million hack. The exchange implemented enhanced security measures before reopening. Users and investors welcomed the return amid rebuilding trust. The incident highlighted vulnerabilities in crypto platforms and prompted industry-wide security reforms. WazirX aims to regain market confidence post-recovery.
First U.S.-Listed XRP Option Income ETF Goes Live
Ripple launched the first U.S.-listed ETF focusing on XRP option income strategies. This innovative product provides investors regulated exposure to XRP-related income opportunities. The ETF’s launch marks a milestone in crypto investment products gaining mainstream acceptance. It expands Ripple’s portfolio of accessible financial instruments. Investors seeking yield on crypto holdings benefit from this new vehicle.
21Shares Spot Solana ETF Goes Live Amid Rising Institutional Inflows
21Shares launched a spot ETF for Solana, attracting increasing institutional investments. The ETF offers direct exposure to Solana’s native cryptocurrency via a regulated investment vehicle. Institutional inflows reflect growing confidence in Solana’s blockchain ecosystem. This product facilitates easier access for traditional investors to Solana assets. It indicates broader acceptance of DeFi protocols in mainstream finance.
New Hampshire Launches First-Ever $100M Bitcoin-Backed Bond
The state of New Hampshire issued a groundbreaking $100 million bond backed by Bitcoin holdings. This pioneering move integrates cryptocurrency with state-level public finance. Proceeds aim to fund infrastructure and public projects while leveraging crypto assets. The bond represents a new model for crypto-backed municipal financing. It highlights growing governmental adoption of blockchain technology.
Hyperliquid Introduces HIP-3 Growth Mode, Slashing Fees by 90%
Hyperliquid rolled out its HIP-3 Growth Mode feature, reducing trading fees by 90% to attract more users. The update aims to stimulate high-volume trading and liquidity provision on the platform. Lower fees enhance competitiveness within the decentralized exchange sector. This strategic move targets increasing user engagement and market share. Hyperliquid continues refining its protocol to boost adoption.
Circle Stock Sinks on 10 Million Share Sale After 425% Rally Since IPO
Circle’s share price dropped sharply following a secondary offering of 10 million shares. This sell-off came after a massive 425% rally in the stock since its initial public offering (IPO). The sale raised capital but temporarily pressured the stock price. Investors remain cautious as market volatility persists in crypto finance. Circle plans to deploy raised funds for growth and product expansion.
Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
Hashnote, a Circle subsidiary, introduced USYC, a yield-bearing stablecoin on the BNB Chain. USYC combines yield generation with stablecoin stability for DeFi investors. This product is designed to attract yield-seeking users within the Binance Smart Chain ecosystem. Hashnote expands Circle’s reach into decentralized finance markets. The launch underlines Circle’s strategy of diversifying crypto offerings.
Mastercard Uses Polygon To Enable Username-Based Crypto Transfers
Mastercard launched a service leveraging Polygon’s blockchain to facilitate crypto transfers using usernames instead of wallet addresses. This user-friendly approach simplifies the process of sending cryptocurrency. It aims to increase crypto adoption by reducing common transactional barriers. Mastercard’s innovation integrates blockchain technology with mainstream payment infrastructure. This development supports easier everyday crypto usability.
Revolut Integrates Polygon to Unlock Fast, Low-Fee Stablecoin Payments
Revolut partnered with Polygon to enable rapid and cost-effective stablecoin payments on its platform. This integration enhances Revolut’s cross-border payment solutions with blockchain efficiency. Customers benefit from lower fees and faster transaction settlement times. The move aligns with Revolut’s strategy to incorporate decentralized finance technology. It positions Revolut competitively in digital payments innovation.
Coinbase Quietly Preps Kalshi-Backed Prediction Market
Coinbase is reportedly preparing to launch a prediction market platform backed by Kalshi. The platform would allow users to speculate on event outcomes using crypto assets. This initiative broadens Coinbase’s services beyond traditional trading and custody. It aims to tap into the growing interest in decentralized and regulated prediction markets. The launch marks Coinbase’s continued expansion in crypto-financial products.
Regnology Launches RRH Ascend for Next-Gen Compliance
Regnology introduced RRH Ascend, an advanced compliance platform employing AI to automate regulatory reporting and anti-money laundering checks. It aims to streamline compliance workflows for financial institutions. The platform enhances data accuracy and reduces manual effort, minimizing regulatory risk. RRH Ascend supports rapid onboarding and ongoing monitoring to meet evolving regulations. It positions Regnology as a leader in next-generation regulatory technology solutions.
Peach Payments and RelyComply Boost AML Compliance
Peach Payments partnered with RelyComply to strengthen anti-money laundering (AML) compliance for digital merchants. The combined solution automates customer verification and transaction screening. It helps businesses adhere to AML regulations while reducing onboarding time. The integration improves risk assessment and reduces fraud-related losses. This partnership underscores the importance of compliance tech in scaling digital commerce.
Condukt Raises $10 Million to Power Perpetual KYB Automation
Condukt secured $10 million in funding to expand its Know Your Business (KYB) automation platform. The platform automates business verification processes, helping fintechs and banks onboard clients faster. Condukt’s tech reduces manual documentation and improves risk assessment. The investment will accelerate product development and geographic expansion. It aims to set new standards for scalable, real-time KYB onboarding.
eflow Global Unveils PATH AI to Boost Compliance
eFlow Global launched PATH AI, an AI-powered compliance and risk management platform for financial services. It uses machine learning to analyze transactions and detect suspicious activity proactively. The platform automates compliance checks and reporting, reducing manual effort. PATH AI aims to improve fraud detection and regulatory adherence globally. It signifies a shift toward smarter, more automated compliance solutions.
UK to Tighten Company ID Checks under ECCT
The UK government announced stricter identity verification rules for companies under the Economic Crime (Transparency and Enforcement) Act (ECCT). The regulations aim to combat money laundering and financial crime by increasing due diligence requirements. Businesses must now verify legal ownership more comprehensively. The measure enhances transparency and reduces the risk of illicit finance. It aligns the UK’s standards with international anti-money laundering efforts.
Nudge Security Secures $22.5 Million to Expand AI Governance
Nudge Security raised $22.5 million in funding to develop AI governance solutions for enterprises. The platform helps companies monitor, regulate, and audit AI models to prevent bias and misuse. Growing regulatory scrutiny and AI adoption drive demand for such tools. The funding will scale product deployment and expand R&D. Nudge aims to establish itself as a leader in ethical AI management.
Chargeflow Launches AI Suite After $35M Series A
Chargeflow unveiled a new AI-powered compliance and fraud detection suite following a $35 million Series A funding round. The platform automates transaction screening and customer verification processes. It aims to reduce manual compliance effort and improve accuracy. The capital enables broader market reach and product enhancements. Chargeflow is positioning itself as a key AI enabler for financial institutions.
Microsoft Rolls Out Agent 365 for Businesses to Manage AI Workforces
Microsoft launched Agent 365, a platform for enterprises to manage and deploy AI-driven virtual agents at scale. It offers tools for automating customer support, back-office tasks, and more. The platform is designed to integrate seamlessly with existing business workflows. Agent 365 aims to improve efficiency and reduce operational costs. It marks Microsoft’s strategic push into AI-powered enterprise automation.
Primer Unveils AI Agent to Enhance Payments
Primer introduced an AI-based agent for automating payment processing and reconciliation tasks. The system uses natural language processing to streamline invoice handling and dispute resolution. It is designed to reduce manual workload and speed up payment cycles. Primer’s AI solution supports fintech and financial institutions in scaling operations. It underscores AI’s growing role in improving financial workflows.
Apono Raises $34 Million in Series B for Agentic Access Security
Apono secured $34 million in Series B funding to expand its agent-based security platform for digital access and authentication. The platform uses AI to detect anomalous login activity and prevent fraud. It targets financial services, healthcare, and other high-security sectors. The investment supports product innovation and international growth. Apono aims to be a leader in zero-trust access security solutions.
Agentero Debuts AI Solution for Faster Carrier Matching
Agentero launched a new AI-powered platform to accelerate insurance carrier matching processes. The solution automates client-to-carrier alignment, improving efficiency and customer experience. It reduces manual intervention and speeds up insurance policy placement. AI insights optimize carrier selection based on client needs. The launch marks AI integration into insurance technology workflows.
xAI Targets $230 Billion Valuation With New Funding
xAI secured substantial funding aiming for a $230 billion valuation, reflecting investor confidence in its AI capabilities. The company focuses on developing advanced AI models and solutions for enterprises. This valuation places xAI among the top emerging AI startups globally. The financing will drive R&D and global market expansion. xAI is positioned to compete with leading AI innovators.
Perplexity Announces Partnership With US Government and Agentic Shopping
Perplexity AI announced a partnership with the US government to advance agentic shopping technologies. The collaboration aims to improve AI-driven procurement and consumer assistance tools. This partnership supports AI integration in public sector procurement workflows. It reflects growing government interest in AI-enhanced shopping and automation. The alliance seeks to boost efficiency and transparency in federal purchases.
Intuit Partners With OpenAI in $100M Deal
Intuit formed a strategic $100 million partnership with OpenAI to embed advanced conversational AI into its financial products. This alliance enhances automation and personalized financial advice for users. It leverages OpenAI’s language models to power intuitive user experiences. The deal demonstrates Intuit’s commitment to AI-driven innovation. It positions Intuit at the forefront of AI adoption in fintech.
Nvidia’s Record $57B Revenue and Upbeat Forecast Quiet AI Bubble Talk
Nvidia reported record $57 billion revenue, exceeding market expectations, fueled by AI chip demand. Its optimistic forecast helps calm fears of an AI investment bubble. Nvidia remains the leading supplier for AI infrastructure globally. The strong performance underscores continued growth in AI hardware and software markets. Investors view Nvidia as a bellwether for AI industry health.
Synthio Labs Bags $5 Million to Provide Voice AI to Life Sciences
Synthio Labs raised $5 million to develop voice AI solutions tailored for the life sciences sector. The technology aims to improve medical data capture and conversational AI for healthcare providers. This funding will accelerate product development and clinical adoption. Synthio’s voice AI supports regulatory-compliant, natural language processing. It addresses niche needs for voice technology in medicine.
Luma AI Raises $900 Million Led by Saudi AI Firm Humain
Luma AI secured $900 million in a major funding round led by Saudi-based AI investor Humain. The capital boost supports cutting-edge AI research and product launches. Luma AI focuses on computer vision, natural language processing, and generative AI. This investment highlights increased Middle Eastern interest in AI technology. The funds will accelerate global AI innovation initiatives.
Onepot AI Raises $13M to Facilitate Chemical Drug Discovery
Onepot AI raised $13 million to enhance AI-powered drug discovery platforms, focusing on chemical and pharmaceutical research. The company uses machine learning to streamline chemical synthesis and optimize drug candidates. This funding supports scaling and partnership development with pharma firms. AI-driven drug discovery aims to reduce development timelines and costs. Onepot stands out in the growing biotech AI market.
Furniture.com Reinvents Furniture Buying With AI
Furniture.com launched AI-powered tools to personalize and simplify furniture shopping experiences. Features include virtual room visualization, style recommendations, and purchase assistance. The platform uses AI to match customer preferences with vast catalog options. This innovation targets enhanced customer satisfaction and decision-making ease. Furniture.com positions itself as a tech-forward e-commerce leader.
Google Maps Adds Gemini-Powered Tips and EV Charger Predictions
Google Maps integrated Gemini AI to offer personalized tips and predict electric vehicle charger availability. This update improves user navigation and EV charging convenience. Gemini AI analyzes user habits and traffic data for real-time insights. The enhancement aims to boost Google Maps’ utility amid rising EV adoption. It reflects broader AI integration into everyday consumer apps.
Amazon Prime Video Gets AI-Generated Video Recaps
Amazon's Prime Video is introducing AI-generated video recaps for some TV shows to enhance viewer engagement. The feature uses AI to summarize episodes quickly for viewers who want a refresher. It aims to improve content consumption and user experience. This innovation reflects broader AI integration in entertainment platforms. It supports binge-watching and time-saving viewing habits.
Adobe to Buy Software Provider Semrush in $1.9 Billion Deal
Adobe announced a $1.9 billion acquisition of Semrush, a leading marketing software company. The deal expands Adobe’s marketing cloud capabilities and data analytics offerings. Semrush’s SEO and digital marketing tools complement Adobe’s creative and AI-powered solutions. This acquisition strengthens Adobe's position in digital marketing and customer engagement. It aligns with Adobe’s strategy to deepen AI and data-driven marketing tech.
Meta Chief AI Scientist Yann LeCun Leaves to Start Own Startup
Yann LeCun, Meta’s Chief AI Scientist and a pioneer of deep learning, is leaving to launch his own AI startup. LeCun’s departure marks a significant change for Meta’s AI leadership. The new venture is expected to focus on foundational AI research. His exit highlights competitive dynamics in the AI innovation landscape. LeCun’s startup is highly anticipated in the AI community.
Google DeepMind to Open New AI Research Lab in Singapore
Google DeepMind announced plans to open a new AI research center in Singapore to expand its global footprint. The lab will focus on cutting-edge AI research and applications in healthcare, climate, and robotics. It signifies DeepMind’s commitment to international collaboration and talent development. The Singapore lab will work closely with regional universities and institutions. This expansion bolsters DeepMind's role as a leading AI research entity.
TikTok Lets Users Control Amount of AI-Generated Content
TikTok rolled out a feature allowing users to customize how much AI-generated content appears in their feed. The option gives users more control over content personalization and algorithmic exposure. This move addresses concerns about AI content authenticity and user preference. It promotes transparency and user autonomy in social media use. TikTok continues to evolve its AI-driven content curation models.
Bluesky Announces Moderation Changes for Better Transparency
Bluesky, a decentralized social network, announced updates to its content moderation practices. Changes focus on improved tracking, transparency, and user appeal mechanisms. Moderation aims to balance free expression with community safety. These updates respond to user feedback and evolving platform governance. Bluesky positions itself as an innovative alternative to mainstream social media.
Meta to Notify Australian Teens of Account Shutdowns
Meta started informing Australian teenagers that their accounts will be shut down, following regulatory and safety compliance requirements. The move aims to protect young users and align with local laws. It raises broader questions about age restrictions and digital privacy. Meta’s action is part of increased global scrutiny on social media use by minors. The notification process seeks to ensure responsible platform use.
Okta to Launch Canadian Data Cell Amid Sovereignty Debate
Identity management company Okta announced plans to launch a Canadian data center to address growing data sovereignty concerns. The local data cell will allow Canadian clients to store and manage data within national borders. This initiative responds to regulatory pressures and customer demands. It strengthens Okta’s market presence in Canada. Data localization is a critical issue in global cloud services.
Apple iPhone Air Designer Departs for AI Startup
A lead designer from Apple's iPhone Air project has left the company to join a fast-growing AI startup. The designer’s move signals cross-sector talent shifts toward AI innovation. This trend reflects the tech industry’s focus on AI-driven product development. The departure highlights competitive recruitment dynamics in high-tech fields. AI startups continue to attract top creative and technical talent.
Pidge Raises INR 120 Crore to Expand in Tier II & III Cities
Pidge, a logistics and delivery startup, raised INR 120 crore to deepen its presence in India’s Tier II and III cities. The funding will enhance infrastructure and technology for rural and semi-urban markets. Pidge aims to tap into growing e-commerce demand outside metros. The capital infusion supports scaling operations and improving last-mile delivery capabilities. This investment reflects rising interest in emerging market logistics.
Stylework Raises Rs 30 Crore in Pre-Series B Led by Equentis
Stylework, a fashion tech startup, secured Rs 30 crore in a pre-Series B funding round led by Equentis. The funds will support product development and market expansion. Stylework focuses on AI-driven fashion design and personalized shopping experiences. The investment underscores growing investor interest in fashion tech innovation. Stylework aims to enhance customer engagement through technology.
Rural-Focused Digital Marketplace Tractor Junction Raises $22 Million
Tractor Junction, a digital marketplace targeting rural agricultural needs in India, raised $22 million from investors like Astanor. The platform connects farmers with equipment sellers, financing, and services. The funding will enhance technology and expand presence in underserved rural regions. Tractor Junction aims to boost the digital transformation of agriculture. The market size and adoption potential attract significant investment.
BlackSoil and Caspian Complete Merger to Create INR 1900 Crore NBFC
Investment firms BlackSoil and Caspian finalized a merger to form a Non-Banking Financial Company (NBFC) with a valuation of INR 1900 crore. The combined entity aims to provide diverse financial products, including credit and investment solutions. The merger enhances scale, resources, and market reach. It reflects consolidation trends in Indian fintech and financial services. The new NBFC targets broader customer segments.
Thrivory Launches ThriveNow API After $3.5M Raise
Thrivory introduced its ThriveNow API to facilitate financial product integrations for businesses. The launch follows a $3.5 million fundraising round supporting platform growth. ThriveNow API enables seamless access to multiple financial services through one interface. It aims to simplify fintech adoption for developers and enterprises. The product supports growing demand for embedded finance capabilities.
HomeRun Raises Rs 9 Crore in Seed Round Led by Titan and Sparrow Capital
HomeRun, a fintech startup, raised Rs 9 crore in a seed funding round led by Titan and Sparrow Capital. The company provides digital payment and financial management tools for SMEs. The capital will advance product innovation and market penetration. HomeRun focuses on streamlining business payments and cash flow management. Early investor backing signals confidence in its growth potential.
Function Health Raises $298M Series B at $2.5B Valuation
Function Health secured $298 million in a Series B funding round, valuing the company at $2.5 billion. The firm specializes in AI-powered healthcare solutions for patient care optimization. The funding will accelerate clinical product development and market expansion. Function Health aims to transform healthcare delivery with predictive analytics and automation. The valuation reflects strong investor belief in healthtech innovation.
Security Startup Guardio Raises $80M from ION Crossover Partners
Guardio, a cybersecurity startup, raised $80 million in funding from ION Crossover Partners. The company develops security software focused on protecting user devices from malware and phishing. The funds will support R&D and international growth. Guardio targets both consumer and enterprise markets with proactive defense tools. The investment underscores heightened demand for cybersecurity solutions.
Credit Risk Automation Platform Kaaj Raises $3.8M Seed
Kaaj, a credit risk automation platform, raised $3.8 million in its seed funding round. The startup offers AI-powered tools for credit evaluation and decision making. This enables lenders to reduce risk and speed up loan approvals. The capital will aid product development and customer acquisition. Kaaj addresses growing fintech needs for smarter credit management.
YC-Backed Poly Relaunches as Cloud-Hosted File Storage with AI Search
Poly, a Y Combinator-backed startup, relaunched its product as a cloud-hosted file storage platform integrated with AI-powered search features. The service enables smarter document organization and retrieval. The pivot aims to differentiate Poly in competitive cloud storage markets. AI search capabilities support enhanced productivity for individuals and enterprises. The relaunch reflects emerging AI trends in cloud applications.
AI Music Startup Suno Raises at $2.45B Valuation on $200M Revenue
Suno, an AI music generation startup, secured funding valuing the company at $2.45 billion on $200 million annual revenue. Suno uses AI to create customizable music tracks for commercial use. The rapid growth highlights strong market demand for AI-generated creative content. The startup aims to democratize music production with AI tools. This valuation confirms investor enthusiasm for AI in entertainment.
Emm Raises $9M Seed to Develop ‘Smart’ Menstrual Cups
Emm, a healthtech startup, secured $9 million in seed funding to create smart menstrual cups with sensors for health monitoring. The product aims to provide real-time insights on reproductive health. Funding will boost R&D and pilot studies. Emm represents growing interest in femtech and connected health devices. Investors see strong potential in AI-driven personal health monitoring.
Bluecopa Starts Series A with 2.3X Valuation Surge
Bluecopa kicked off its Series A round, seeing a 2.3x jump in valuation. The company focuses on AI-powered customer engagement and brand analytics solutions. This surge reflects rising demand for data-driven marketing tech. Funds will be used to enhance AI capabilities and scale customer acquisition. Bluecopa is well-positioned for growth in competitive martech space.
Cavela Raises $6.6M to Help Brands Beat Pre-Tariff Costs
Cavela raised $6.6 million to support brands in reducing manufacturing costs affected by tariffs. Their platform offers supply chain and cost optimization tools. Funding accelerates product development and market expansion. Cavela addresses businesses looking to navigate complex tariff regulations. The investment highlights supply chain tech as a hot sector in 2025.
BlackBuck CEO Sells Shares Worth Rs 135 Cr
BlackBuck’s CEO sold shares worth Rs 135 crore amid strategic portfolio management. This move reflects normal liquidity activity by founders. It attracted market attention but did not signal negative business outlook. BlackBuck remains focused on logistics and supply chain innovations. The share sale might fund personal diversification or new investments.
Meesho Generates Rs 1,032 Cr Free Cash Flow in FY25
Meesho, an e-commerce platform, reported free cash flow of Rs 1,032 crore for fiscal year 2025. Positive cash flow signals financial health and operational efficiency. The company continues to dominate social commerce with strong user growth. Profitability strengthens its competitive edge. Meesho is expanding into deeper market segments and new product categories.
VAHDAM India Becomes Profitable, 95% Revenue from Global Markets
VAHDAM India turned profitable in FY25, with 95% of its revenue derived from international markets. The specialty tea brand’s global online presence drives sales growth. Profitable operations highlight successful global branding and supply chain management. VAHDAM leverages sustainability and quality positioning. Growth in exports remains a key strategy.
Adani Defence Plans INR 10,000 Cr Investment in India’s Defence Sector
Adani Defence announced plans to invest INR 10,000 crore to develop indigenous defense capabilities in India. The investment targets manufacturing, technology, and supply chain development. This aligns with India’s Make in India for defense initiatives. Large-scale capital injection supports domestic defense ecosystem growth. Adani aims to be a major strategic player in defense manufacturing.
Aadhaar Card to Feature New Design With Photo & QR Code Soon
Aadhaar plans to introduce a redesigned card including a photo and QR code to enhance security and ease of verification. This update improves user identification and prevents fraud. The new card supports wider use in digital and offline transactions. The measure aligns with modernization efforts in India’s digital ID infrastructure. It streamlines identity verification for government and private services.
Mosaic Wellness Revenue Doubles to Rs 736 Cr in FY25, Nears Break-Even
Mosaic Wellness doubled revenue to Rs 736 crore in FY25 and is close to break-even operations. The health and wellness brand expands its product portfolio and distribution networks. Growth reflects rising consumer demand in the wellness market. Profitability plans focus on operational efficiencies and brand scaling. Mosaic aims for national leadership in wellness products.
Groww Stock Drops 10% to Lower Circuit After Rally Post Listing
Groww’s stock dropped 10% to hit the lower circuit after a recent post-IPO rally of 70%. The correction suggests profit booking and market volatility. Investors are assessing growth prospects amid competitive fintech environment. Groww continues to build on digital investment and mutual fund distribution. The stock’s performance reflects typical post-listing market dynamics.
Reliance Enters India’s Growing Pet Market with Launch of Waggies
Reliance Industries expanded into India’s pet care market with the launch of Waggies, offering pet food and accessories. This move taps into the rising demand for premium pet products. Reliance aims to leverage its retail network for rapid market penetration. The launch signals growing diversification of India’s consumer goods sector. Waggies targets urban pet owners and online shoppers.
Dhan Parent Raise Financial Acquires Algo Trading Platform Stratzy
Raise Financial, the parent company of Dhan, acquired Stratzy, a platform for algorithmic trading. The acquisition expands Raise’s product portfolio into systematic and AI-driven trading solutions. Stratzy will integrate with Raise’s trading apps to enhance user experience and automation. This move reflects the fintech sector’s push into advanced trading technology. Raise aims to attract more active traders and increase engagement.
Karnataka Government Launches LEAP Programmes to Strengthen Tech, Innovation Hubs
The Karnataka government initiated LEAP (Learn, Educate, Accelerate, Prosper) programmes to boost tech innovation hubs and startups. LEAP focuses on capacity building, mentorship, and funding support. It aims to scale Karnataka’s position as an innovation and startup ecosystem leader. The government’s push aligns with India’s broader digital and startup growth strategies. LEAP seeks to catalyze entrepreneurship in emerging technology areas.
Elevation Capital Cuts Stake in Noida-Based Paytm via Rs 1,556 Cr Bulk Deal
Elevation Capital reduced its shareholding in Paytm through a bulk sale worth Rs 1,556 crore. This partial exit reflects portfolio rebalancing by the investor. Despite the stake sale, Elevation remains a significant Paytm shareholder. The deal impacts market sentiment on Paytm’s stock. This move comes amid continued fintech market competition and regulatory challenges.
M-Files Workspaces Redefines Document Management
M-Files Workspaces launched a new platform to revolutionize document management with AI and cloud integration. The solution offers intelligent metadata tagging, version control, and workflow automation. It targets enterprises seeking to streamline collaboration and compliance. The platform enhances productivity and reduces manual data handling. This launch reaffirms growing enterprise demand for AI-powered content management.
Akur8 Opens Madrid Base to Strengthen Local Client Support
Akur8, an AI-powered pricing optimization startup, opened a new office in Madrid. The expansion aims to better serve European clients with localized support. Akur8 leverages AI to help insurers optimize pricing strategies. The Madrid base strengthens Akur8’s European market foothold and customer engagement. This move signals broader international growth plans.
SuMiTB Taps OneSpan and SCSK for Phishing-Proof Banking
SuMiTB partnered with OneSpan and SCSK to enhance banking security protections against phishing attacks. The collaboration integrates advanced authentication and fraud detection solutions. It offers customers stronger safeguards for online banking transactions. This initiative highlights rising cybersecurity demands in digital finance. SuMiTB's strategy focuses on building trust through secure banking experiences.
Tether Backs Ledn with Strategic Investment
Stablecoin issuer Tether made a strategic investment in Ledn, a digital asset lending and investment firm. The funding supports Ledn’s product expansion and operational scaling. The partnership aligns with both firms’ focus on crypto financial services. Ledn aims to enhance crypto wealth management capabilities. This move boosts confidence in stablecoin-backed crypto lending platforms.
One Inc Recognized as Fastest Growing Company in North America on Deloitte 2025 Technology Fast 500
One Inc, a provider of digital insurance payments technology, was named among the fastest growing companies in North America by Deloitte. The recognition is based on revenue growth and innovation impact. One Inc’s solutions help insurers streamline claims payments. The accolade reflects strong market demand for digital transformation in insurance. One Inc is positioned as a leading insurtech growth player.
Interplay Learning Named to Deloitte's 2025 Technology Fast 500 List
Interplay Learning, an edtech company offering VR training solutions, was included in Deloitte’s 2025 Technology Fast 500. The company’s growth is driven by demand for immersive workforce training tools. Interplay’s virtual reality platform enhances skills development in technical trades. This recognition highlights the increasing adoption of innovative educational technology. Interplay is expanding its footprint in workforce upskilling.
US, UK, Australia Sanction Russian Cyber Firms Over Ransomware Links
The US, UK, and Australia jointly sanctioned multiple Russian cybercriminal firms involved in ransomware attacks. These measures aim to disrupt global cybercrime infrastructure. Sanctions target firms linked to critical infrastructure and financial systems breaches. This coordinated action reflects heightened international cybersecurity cooperation. It sends a strong warning against state-supported cybercrime.
Meta Chief Revenue Officer to Leave and Start Own Company
Meta’s Chief Revenue Officer announced departure to launch an independent venture. The executive's exit signals a shift in Meta’s leadership amid evolving business strategies. The new company is expected to focus on innovative revenue generation models. The move highlights leadership churn in large tech firms adapting to digital ad market changes. Meta continues restructuring to align with future growth.
Walmart in Talks to Acquire Israeli Startup to Combat Scams, Counterfeits
Walmart is negotiating to acquire an Israeli-founded startup specializing in fraud detection and anti-counterfeit technologies. The acquisition would enhance Walmart’s e-commerce security and product authenticity verification. The startup’s AI-driven platform aligns with Walmart’s safety and trust initiatives. This move strengthens Walmart’s competitive edge in online retail. It reflects rising corporate focus on digital fraud prevention.
OpenAI Board Member Larry Summers Resigns Amid Epstein File Revelations
Larry Summers stepped down from OpenAI’s board following controversies related to Epstein-related documents. His resignation comes amid growing scrutiny of public figures linked to sensitive investigations. Summers’ exit impacts OpenAI’s governance during a critical phase of AI development. The incident underscores reputational risks in tech leadership. OpenAI is reinforcing its board amid increased public and regulatory attention.
Charlie Javice Seeks to Toss Fraud Conviction Claiming Judge’s Clerks Conflict
Charlie Javice, convicted in a fraud case, is petitioning to overturn the conviction alleging judicial bias linked to clerks working for JPMorgan’s law firm. The defense argues conflicts of interest affected trial fairness. The case has significant implications for fintech founder accountability and legal processes. Javice’s appeal highlights challenges in large financial litigation. The outcome could influence fintech legal standards.
Manzil Launches Halal ETF on Nasdaq Exchange
Manzil introduced the first Nasdaq-listed Halal ETF catering to investors seeking Shariah-compliant options. The ETF targets growing demand for Islamic finance investment vehicles. It offers diversified exposure while adhering to Islamic principles. Manzil’s launch represents expanding fintech innovation in faith-based markets. The ETF broadens access to ethical investment products.
Questrade Doubles Down on Tools for Advanced Traders at First Product Showcase
Questrade unveiled new tools aimed at advanced traders during its inaugural product showcase. The platform enhanced charting, analytics, and order execution features. This upgrade supports complex trading strategies and improves user experience. Questrade seeks to capture market share among active, professional traders. The showcase demonstrates commitment to evolving investor needs.
Lowe’s Builds Out $8.8 Billion Wholesale Play as DIY Slows
Lowe’s expanded its wholesale business segment, investing $8.8 billion amid a slowdown in do-it-yourself retail sales. The company focuses on commercial customers and professional contractors. This shift aims to offset declining retail demand and stabilize revenue streams. Lowe’s wholesale expansion enhances competitive positioning in home improvement markets. The strategy reflects adaptation to changing consumer behaviors.
Retail Media as New Growth Engine: How CVS Merges Data, Loyalty, In-Store Experience
CVS is leveraging retail media by integrating customer data, loyalty programs, and physical store experiences to drive growth. This approach monetizes CVS’s extensive customer insights and footprints. It blends digital advertising with personalized offers at the point of sale. CVS positions retail media as a key revenue channel. The strategy exemplifies convergence of e-commerce and brick-and-mortar advantages.
EU Calls for ‘Cutting Red Tape’ for Tech Companies
The European Union called for regulatory simplification to foster innovation and growth among tech companies. The initiative aims to reduce bureaucratic hurdles and compliance costs. It reflects concerns over stifling startups and SMEs in the digital economy. The EU seeks balance between regulation and competitiveness. Policy proposals focus on easing market entry and scaling digital ventures.
Neobanks Push Beyond Interchange to Build Full-Service Platforms
Neobanks are expanding beyond interchange fee revenue to offer comprehensive financial services like lending, wealth management, and insurance. This evolution aims to increase customer lifetime value and diversify income streams. Full-service offerings enhance neobank competitive positioning versus traditional banks. The trend signifies fintech maturing into holistic financial ecosystems. Neobanks focus on integrated customer engagement.
ThinKuvate and SanchiConnect Launch Pulse to Support AI-Led FinTech Startups
ThinKuvate and SanchiConnect launched Pulse, a platform dedicated to accelerating AI-driven fintech startups. Pulse provides funding, mentorship, and technical resources. The initiative targets innovation in AI algorithms for financial inclusion and security. It fosters fintech ecosystem collaboration and rapid prototyping. The launch reflects growing interest in AI fintech investments.
ADFW 2025 to Gather Leaders Managing $62 Trillion in Assets
The Asia Digital Finance Week (ADFW) 2025 is set to convene industry leaders overseeing $62 trillion in assets. The event focuses on digital finance trends, regulatory challenges, and innovation. It offers networking and knowledge sharing for leading global financial stakeholders. ADFW positions Asia as a central hub for fintech thought leadership. The conference highlights the region’s influential finance ecosystem.
American Fintech Council (AFC) Hosts Capacity Crowd at 2025 Policy Summit
The American Fintech Council’s 2025 Policy Summit attracted a capacity crowd of policymakers, industry leaders, and innovators. Discussions centered on fintech regulation, innovation, and financial inclusion. The summit served as a platform for collaboration between regulators and fintech firms. AFC highlighted priorities for balanced regulation supporting growth and consumer protection. The event shaped policy dialogues on fintech’s future.