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Wiz Acquires Gem Security to Expand Cloud Detection and Response Offering

PRESS RELEASENEW YORK, April 10, 2024 – Cloud security leader Wiz has announced the acquisition of New York-based startup Gem Security. With a valuation of $10 billion...

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Animoca Brands Reports $3.4B in Cash and Token Reserves

Blockchain gaming giant – Animoca Brands – revealed around $3.4 billion in assets in an interim financial update that outlined its key unaudited...

Pinwheel Launches Smart Branch to Bring Payroll Connectivity to Physical Bank Branches

Pinwheel launched Smart Branch today. The Smart Branch tool offers banks a digital way to help customers set up direct deposit when...

Google’s AI Chatbot Error Shaves $100B off Company Value

United States (US) firms poured billions of dollars into Chinese artificial intelligence (AI) companies between 2015 and 2021, accounting for 37% of all investment...

IT and Security Professionals Spend an Average of 4,300 Hours Annually Achieving or Maintaining Compliance

SAN DIEGO, Jan. 30, 2023 /PRNewswire/ -- Drata, a continuous security and compliance automation platform, today announced the results of its inaugural 2023 Compliance Trends Report, highlighting...

Top 5 Fintechs in Indonesia to Watch in 2023

As we move into a new year, it’s time to start looking ahead to the next big thing in fintech. And there’s no better...

Animoca Brands Unveils $2B Metaverse Fund

Hong Kong-based blockchain gaming giant Animoca Brands is all set to roll out a massive $2 billion fund, dubbed “Animoca Capital,” to invest...

U.S.-based Neobank Novo Secures $125 Million in Series B Funding

Miami, Florida-based neobank Novo raised $35 million in funding, taking its Series B funding round to $125 million.The Series B raises Novo’s total...

Pinwheel raises $50m in Series B to help create “fairer financial system”

Pinwheel provides an API that allows businesses to connect payroll accounts to their applications.

Stori Raises $200 Million for Financial Services for the Underserved

Mexico-based Stori landed $200 million this week in combined debt and equity. The investment, which bring the company’s total funding to almost...

Abodu raises $20M to build prefabricated backyard homes

The need for more affordable housing has never been more urgent as a shortage in the U.S. housing market persists. Startups attempting to help...

Karat Financial Banks $26 Million for its Credit Card for Digital Creatives

This week in our Finovate Fintech Halftime Review eMagazine, Senior Analyst Julie Muhn explored the trend of niche banking. Niche banking leverages...

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