Author: nripn

Before that, the company raised $9.2 million in two rounds from major venture capital funds. Delhi-based fintech startup CredFlow raises a pre-Series B funding round of $3.7 million (over Rs 31.2 crore). The round was led by two of CredFlow’s existing investors: Inflexor Ventures and a prominent Singapore-based family office. The amount raised in this round will be primarily aimed at optimizing and expanding the startup’s financial services and lending verticals, as well as enhancing its technology and innovation capabilities. Prior to this, CredFlow raised $9.2 million in two rounds from major venture capital funds.CredFlow’s technology platform offers a range…

By Anna Tong (Reuters) – OpenAI and its nonprofit partner Common Sense Media have launched a free training course for educators aimed at demystifying artificial intelligence and rapid engineering, the organizations said on Wednesday. The move comes as OpenAI steps up efforts to highlight the positive role in education of its chatbot ChatGPT, whose November 2022 launch sparked a craze for generative AI and made it one of the applications the fastest growing in the world. Trained on reams of data, generative AI can create entirely new content just like a human does, helping users write essays, complete science homework,…

We recently compiled a list of 10 Best Fintech Stocks to Buy in 2024. In this article, we’ll take a look at where MercadoLibre, Inc. (NASDAQ: MELI) stacks up to other fintech stocks. Based on a collaboration between the World Economic Forum and the Cambridge Center for Alternative Finance, a report found that the global fintech sector has been strong post-pandemic, with average global customer growth rates above 50% between 2021 and 2022. In this growing market, fintechs offer tailor-made financial services and products to underserved segments of the population. These segments represent a significant portion of the consumer base…

We recently published a list of Jim Cramer’s Mad Money Latest: Top 10 Stocks to Watch. In this article, we’ll take a look at where SoundHoud AI Inc (NASDAQ:SOUN) stacks up to the other stocks on Jim Cramer’s list of top stocks to watch. Jim Cramer, in a recent show on CNBC, made the case for investing in individual stocks to benefit from larger gains than investing only in broader market index funds. Cramer said that while it’s “easy” to just put your money in index funds and let the market do the work, investing in individual stocks can net…

The demand for convenience, digital services and technological advancements has led to rapid growth in the fintech sector. Thus, investing in fintech ETFs can be a strategic way to gain exposure to the fintech sector with appropriate portfolio diversification without investing in multiple stocks. Given the industry context, let’s take a look at the fundamentally strong FinTech stock ETFs ARK Fintech Innovation ETF (ARKF), Amplify Transformational Data Sharing ETF (BLOCK) and the Global X FinTech ETF (FINX) to ride the wave of digital finance. With the rapid evolution of technology with globalization of IT services, digital transformation, innovations in financial…

Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature have ties to other companies, including competitors or companies we write about. However, we would like to assure our readers that this will have no impact on the integrity or impartiality of our reporting. We are committed to providing accurate and unbiased news and information to our audiences, and we will continue to…

The gold trading community witnessed a significant development this week as Dubai-based Avenix Fzco unveiled ForexVIM, its innovative Expert Advisor (EA) for MetaTrader 4. This innovative system exchange robot combines artificial intelligence with specialized gold trading strategies, offering a new approach to automated XAUUSD trading. Transforming the trader experience ForexVIM represents a significant advancement in automated gold trading technology. The system processes market data across multiple analytical layers, providing traders with institutional-grade trading capabilities while maintaining an accessible user interface. Real-time market analysis, pattern recognition and automated EA execution work seamlessly, while built-in safeguards ensure strict risk management protocols. This…

Here are the takeaways from today’s Morning Brief, which you can register to receive every morning in your mailbox accompanied by: The first results are in and Wall Street strategists publishing forecasts for 2025 see the S&P 500 (^GSPC) the rally will continue over the next 12 months. But one of the most popular themes of the last 18 months in the markets is missing from their benchmark expectations: artificial intelligence. AI has driven the market up a trademark market calls dating from spring 2023 when the first report on the explosive results of Nvidia’s cycle started A roaring bull…

Share Tweet Share Share E-mail Sabeer Nelli’s path to innovation is a remarkable story of evolution, resilience and transformation. The founder and CEO of Silver Zila leading B2B fintech platform, Sabeer did not start his career in the technology or financial sectors. Instead, his journey began with a passion for aviation, then branched out into the oil and gas industry before taking a giant leap into fintech. His story demonstrates how a commitment to solving real-world problems can fuel a company’s rise, taking it from humble beginnings to industry-changing achievements. Sabeer’s career began with an adventure away from…

Finastraa London-based financial software company that serves many of the world’s biggest banks, has confirmed it is investigating a data breach after a hacker claimed a compromise of the internal file transfer platform of the company. In a statement given to TechCrunch, Finastra spokesperson Sofia Romano confirmed that the fintech giant had detected what it called “suspicious activity” related to a “secure file transfer platform (SFTP) hosted internally” on November 7. News from the breach, first reported by cybersecurity journalist Brian Krebs, comes after someone claimed on a popular cybercrime forum to sell stolen files allegedly belonging to Finastra’s largest…