News

Loading… Loading… Janover IncJNVR announced that it achieved significant year-over-year growth in lenders on its fintech platform in 2023, providing borrowers access to a broad range of competitive loan products. In 2023, Janover noted a766% growth in banking originator sign-ups, a 647% increase in credit union originator sign-ups, and a 445% boost in the other
0 Comments
Loading… Loading… In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General Catalyst could finalize its latest fund as
0 Comments
People in developed nations take abundant electricity for granted. When asked where electricity comes from, most will point to their wall outlet. But many states in the U.S. are headed for a serious and prolonged shortage of electrical power not seen in decades, driven by rising demand from the artificial intelligence revolution and mandates to
0 Comments
Loading… Loading… Open-deck transportation marketplace EXO Freight closed its Chattanooga, Tennessee, office Tuesday, laying off 19 employees, including a few from its spot brokerage team in Royal Oak, Michigan, who were mainly operations-focused, co-founder and CEO Kurtis Tryber told FreightWaves. Tryber said it was an intentional move by the company to pivot from covering unprofitable
0 Comments
Loading… Loading… About 80% of millennials and Gen Zers receive financial guidance from social media, which they credit with boosting their financial literacy and making discussions about money less taboo. Over 50% also report making money directly from this financial advice. But, not all influencers and traders on social media can be trusted. Their claims
0 Comments
Loading… Loading… In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General Catalyst could finalize its latest fund as
0 Comments
Loading… Loading… Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp APCX , about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and raise alerts for fraudulent activities." Here's an edited transcript of
0 Comments
Warren Buffett’s Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, confirming months of speculation that it had made a big new investment. Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire’s US-listed holdings as of that date. The disclosure sent Chubb’s share price to a record high
0 Comments