After raising $1.3B, Inflection is eaten alive by its biggest investor, Microsoft
In June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.” The lead...
Nala set out to offer remittance services, it’s building a B2B payment platform too
Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand...
After raising $1.3B, Inflection got eaten alive by its biggest investor, Microsoft
In June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.” The lead...
How crypto exchange Backpack climbed its way to success after its major investor FTX died
Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the...
YC-backed digital bank Onyx Private tells customers it’s closing their accounts
Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers,...
Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure
African financial institutions typically scale their solutions using a mix of local and foreign tech. Appzone is one of the...