Others

Carefull lands $16.5M to shield seniors from financial fraud

October 11, 2023
Carefull, a fintech platform that aims to help banks protect older customers from fraud, scams and “money mistakes,” today announced that it raised $16.5 million in a Series A round led by Fin Capital with participation from TTV Capital, Bessemer Venture Partners, Commerce Ventures, Montage Ventures and Northwestern Mutual. Bringing the company’s total funding to […]

Conveyor raises $12.5M to automate security reviews using LLMs

October 11, 2023
In a perfect world, companies would vet the security and compliance of every third-party vendor they use. Sales wouldn’t close until these reviews are complete. The trouble is, security reviews require a massive investment of time — and labor. Questionnaires — the main way companies vet vendor — contain hundreds of questions, covering everything from […]

Master the Art of Global Tipping Etiquette

October 11, 2023
Tipping is a well-known practice in many parts of the world for those working in the service sector, as it offers extra compensation for their efforts. However, there are particular…

Formant is managing data so robotics companies don’t have to

October 11, 2023
Ten years ago this December, Bot & Dolly became one of a dozen or so robotics companies snapped up during Google’s robotics acquisition spree. The San Francisco-based firm, best known for its special effects work on films like “Gravity,” was folded into a new portfolio with ambitious plans to shake up the industry. For a […]

Klarna launches a suite of new features, including an AI-powered image-search tool

October 11, 2023
Klarna is introducing a suite of new features, including an AI-powered image-search tool called Shopping lens, the company announced on Wednesday. The company is also launching shoppable videos in Europe, in-store product scanning, a new cashback program, express refunds and more. The new Shopping lens allows users to take a picture of items and styles […]

UK regulator launches antitrust investigation into $19B Vodafone/Three mobile merger

October 11, 2023
When Vodafone and Hutchison-owned Three in the U.K. announced their plan to merge in a non-cash deal to create a $19B mega mobile operator in June of this year, we noted that it would likely face a sizeable regulatory hurdle. The next chapter in that story opened up today: the country’s Competition and Markets Authority, […]

SBF started a $2 billion venture fund using Alameda loans

October 11, 2023
On January 14, 2022, former crypto mogul Sam Bankman-Fried tweeted: “First, we’re launching a $2 billion venture fund, FTX Ventures. As a founder, it’s important to support other founders creating great companies. Hopefully this will allow us to do that a lot more.” A noble goal, to be sure. But rather than raise capital for […]

Mastercard CFO says India’s UPI ‘incredibly painful experience’ for ecosystem participants

October 11, 2023
India’s UPI is “fantastic at many levels” but remains an “incredibly painful experience” for ecosystem participants, Mastercard CFO said at a recent conference, underscoring tensions around the mobile payments rail that facilitates over 10 billion transactions monthly in the nation with low card penetration. When questioned about Mastercard’s prospects in emerging markets such as India, […]