Stax Payments Creators Raise $20M Seed Funding for New Venture, Worth: Harnessing Fintech Innovation for a Better Future

The entrepreneurial arena is heating up with the re-emergence of a formidable duo in the fintech sphere. The sibling founders of Stax Payments, known for their transformative contributions, have made an emphatic comeback. This time, they are steering a new fintech startup, fittingly named Worth.

Armed with a seed investment of $20 million, they are looking to reignite their creative and strategic prowess. This fund injection serves not just as a financial booster, but also a validation of their past successes and, more importantly, the potential of Worth. Every penny of the investment is indicative of the belief that their startup is capable of carving out its own niche in the vibrant fintech landscape.

11-03-2025

Challenging the Status Quo in Access Control, This Startup Aims to Streamline the Traditional Passkeys

The concept of passkeys, a foundational stone in the arena of access control, has been around for centuries. However, there’s a growing sentiment among users that this age-old system could use a significant revamp to align with the evolving needs of the digital era. Responding to this call for change is an audacious startup set on challenging the status quo.

In terms of design and functionality, traditionally designed passkeys are often deemed as clunky and inconvenient. To tackle these setbacks, the ambitious startup is looking to breathe new life into this pivotal element of access control with their innovative approach. The focus is on streamlining the passkey system to create a more user-friendly interface that simultaneously maintains high security.

11-03-2025

Equator's $55 Million Capital Boost Puts African Climate Tech in the Driving Seat

Equator, with a fresh fund of $55 million in its arsenal, aims to anchor and accelerate African climate technology advancements.
11-03-2025

Automaker Powerhouse Volkswagen Takes a Backseat Role in New Secretly Backed Venture Capital Firm

Unveiling a new venture capital firm that's quietly been underwritten by automotive giant, Volkswagen, who’s venturing into uncharted territory.
11-03-2025

Venture into Art-tech: Hexa Bolsters Its Portfolio by Acquiring Majority Stake in Vertical SaaS Startup, Veevart

Hexa, the driven startup studio, expands its reach into the museum sector through the acquisition of a majority stake in Veevart, an innovative SaaS platform uniquely built for museums.
11-03-2025

Insight-backed Hinge Health, Pioneer in Virtual Physical Therapy, Eyes Potential for Public Engagement with IPO Filing

Hinge Health, a virtual physical therapist app powered by Insight, is charting its course towards an Initial Public Offering (IPO).
11-03-2025

Unearth the Common Pitfall That Stops Founders From Garnering Sizeable Investments.

Addressing the significant hurdle that often stands between startups and their big funding opportunity, expert investors shed light on common mistakes.
10-03-2025

AvatarOS Raises $7 Million to Revolutionize Virtual Influencer Platform with AI-Power

Tech startup AvatarOS has secured a $7M seed funding round from M13 for its innovative AI-powered virtual influencer platform.
10-03-2025

Unprecedented Funding Announced: 9 US AI Startups Smash $100M Barrier in 2025

In 2025, an astonishing count of 9 AI startups in the US have generated over $100M in funding.
08-03-2025

Cursor Mulling Over Fundraising Prospects at a $10 Billion Valuation Amidst Thriving AI Coding Sector

In an AI-fuelled world, Cursor is reportedly holding discussions envisaging an increased valuation of $10 billion, underscoring the thriving nature of the AI coding industry.
08-03-2025

Leading Online Platform Discord Contemplates Launching an Initial Public Offering

Discord, a popular communication platform, is reportedly considering an Initial Public Offering (IPO).
08-03-2025

Venture Capital Investment Exhausts Dry Spell During Pandemic, Initiates Shift Towards Acquisition

In the face of a global pandemic, venture capital accelerates funding, striking a shift towards acquisitions amidst the market turmoil.
08-03-2025

The Founder Institute is venturing onto new horizons, launching its very first venture fund

The Founder Institute, a globally renowned startup accelerator, is taking a bold leap, seeking to raise its first-ever venture fund.
08-03-2025

How US Limited Partnerships Are Fueling Unprecedented Growth of Venture Funds across Europe

European venture funds have been enjoying a growth surge, thanks to the financial support from US limited partnerships.
07-03-2025

Unraveling the World's Billion Dollar Valuation Club: Ranking the Top 100 VC-backed Companies

Billion dollar valuations are now becoming an emblem of success for start-ups. Join us as we disclose the most valuable VC-backed companies worldwide.
07-03-2025

Increasing Interest in Defense Technology: Venture Capital Pursuit On a Stirring Rise

With Hegseth's increasing relations with Silicon Valley, venture capital (VC) defense tech investments are heating up across the industry.
07-03-2025

Alpine Eagle Wins Over European Investment Powerhouses for its Counter-Drone Tech Amidst Growing Drone Threats

In an era of increasing drone threats, Alpine Eagle's ground-breaking counter-drone technology has secured European funding.
06-03-2025

AI-Powered Analytics Platform Quantexa Rakes in a Whopping $175M for Mergers and Acquisition

Quantexa, an AI analytics startup, has significantly broadened its war chest with $175M funding destined for strategic expansion.
06-03-2025

Auxia Secures $23.5 Million Investment to Challenge Enterprise Marketing's 'Reacquisition Treadmill'

In a bold move towards changing the dynamics of enterprise marketing, Auxia has raised a hefty $23.5 million.
06-03-2025

Darwinbox, a Rising Star in HR Tech from India, Scores $140M Funding to Compete with Heavyweights Deel and Rippling

Darwinbox, an Indian human resources technology upstart, has successfully raised a formidable $140 million to challenge industry giants Deel and Rippling.
05-03-2025

LoftyInc Capital Stirs Up Excitement as its Third Seed and Series A Fund Reaches a $43M First Close

LoftyInc Capital, an African venture capital firm, makes waves with its third fund, reaching a $43M initial close for seed and Series A investments.
05-03-2025

Sunnova Solar Installer in Desperate Bid for Cash as 'Going Concern' Warnings Grow

Sunnova, an eminent player in the solar installation sector, is reportedly in a frantic rush to secure funding amidst growing financial uncertainty.
04-03-2025

Revolutionary Energy Firm Moonwatt Secures $8.3M to Amplify Solar Power's Sustainability Through Innovative Sodium-Ion Storage Solutions

Moonwatt, an emerging name in renewable energy, secures a notable $8.3M funding round, curating cutting-edge sodium-ion storage solutions to augment solar power sustainability.
04-03-2025

Dutch Startup QuantWare’s Bold Venture to Expedite the Advancement of Quantum Computing

QuantWare, a Dutch startup, is trailblazing the quantum computing sector with ambitions to fast-track this transformative technology.
04-03-2025

Europe's New Dilemma: Female Entrepreneurs Experiencing 12% Fall in VC Funding

Socio-economic advancement is under threat in Europe as 2024 reveals a worrying 12% drop in venture capital funding for women-founded businesses.
04-03-2025

In Response to Mounting Geopolitical Strains, Venture Capitalists Recently Turn their Focus to Defence Sector

As geopolitical tensions escalate worldwide, funding titans, or venture capitalists (VCs), are shifting their lenses towards the potentially lucrative defence sector.
04-03-2025

Anthropic Attracts a Staggering $3.5 Billion to Propel its Aspirations in AI

Anthropic is making significant strides, raking in an impressive $3.5 billion, to give its AI dreams the ultimate fuel. Major transformations are on the horizon!
03-03-2025

Araya Ventures to Finalise £20 Million Fund, Empowering a New Startup Era

Araya Ventures, steered by a solo general partner, nears the promising conclusion of a £20 million fund.
03-03-2025

The vast empire of startups under OpenAI's wing, raking in benefits from its venture funds.

Delve into the remarkable startup empire nurtured by the potent funding power of artificial intelligence thinktank, OpenAI.
01-03-2025

Intriguing Claims from DeepSeek: Theoretical Profit Margins of a Whopping 545% Projected

Breakthrough startup DeepSeek has confidently touted a potential profit margin of 545%, attracting attention in the tech world.
01-03-2025

At the Crossroads of Destiny: General Catalyst Mulls Over a Potential Initial Public Offering

Reports indicate that venture capital firm General Catalyst seems to be looking at the possibility of an initial public offering.
01-03-2025

Life-Improving Techniques from Startup Co-Founded by Longevity Guru Peter Attia Now Available

Peter Attia, renowned longevity expert, co-founds a promising new startup, recently unveiled from its stealth mode.
01-03-2025

Illuminating the Research Horizon: A Funding Push Sets SymbyAI on Its Path to Redefining Science Research

Facilitating seamless scientific study, SymbyAI collects $2.1 million in seed funding to advance its research-enabling initiatives.
01-03-2025

Venture Capital Heavyweight, Roelof Botha, Sounds a Warning Bell on Special Purpose Vehicles

Roelof Botha from Sequoia Capital adds a voice of caution to the growing hype around Special Purpose Vehicles (SPVs).
28-02-2025

Venture Capitalists Keep Eyes on Emerging European AI Agent Startups: The Top 18 in the Mix

Europe is fast becoming a hotspot for AI agent startups, with venture capitalists taking note of the emerging trend.
27-02-2025

Silicon Valley Influence on Deep Tech Building: Unleashing a 'YC' Wave in the UK

As innovation continues to surge, a deep tech company builder infusing Y combinator essence is setting foot in the UK.
27-02-2025

Pioneering Venture Capital Firm Nina Capital Unveils €50M Fund Targeting Innovative HealthTech Startups

In an exclusive reveal, Nina Capital has just announced a whopping €50 million fund aimed at supporting budding healthtech startups.
27-02-2025

Cherry Ventures Challenges Founders with $500m Capital: Aiming to Construct Europe’s First Trillion-Dollar Enterprise

Cherry Ventures is seeding the next European mega-corporation with a fresh infusion of $500m in new capital.
27-02-2025

Exclusive Scoop: High-profile EIF Investor, David Dana, Shifts Gears to Space and Defence Venture Capitalism

In an eye-catching career move, former European Investment Fund (EIF) spearhead, David Dana, has switched paths to join a venture capitalist firm specialising in space and defence.
27-02-2025

Making Use of the Discarded: Cambium's Innovative Approach to Waste Wood Utilization with AI

Rather than letting fallen trees go to waste, startup Cambium taps into AI's potential to transform them into valuable lumber.
24-02-2025

Yope, an Innovative Photo-Sharing App Targeting Gen Z, Spurs Interest with a Private Bobble of Its Own Instagram-like Interface

In an era saturated with photo-sharing networks, Yope is carving out a unique niche among Gen Z users, setting the investment world ablaze.
24-02-2025

From Silicon Valley to Berlin: Why Venture Capitalists are Rethinking Data Centre Startups

As AI continues to boom, the demand for data centres intensifies. Yet, the jury is out on whether data centre startups are a viable asset for venture capitalists.
24-02-2025

Cambridge, UK VCs Launch Hefty $126 Million Fund to Propel Growth of Later-Stage Tech and Life Sciences Startups

Cambridge Innovation Capital, (CIC) has launched a sizeable £100 million ($126 million) 'Opportunity Fund' to fuel the advancement of later-stage tech and life sciences startups in the UK.
24-02-2025

Kyle Clark, CEO of Beta Technologies, Shatters the Silicon Valley Mold with a Revolutionary Electric Aircraft

In Vermont's wintry silence, an unconventional business leader is reshaping the narrative of electric aviation.
23-02-2025

Sonar Mental Health Utilizes Chatbot ‘Sonny’ to Aid Anxious Students Amid Staffing Shortages

As school districts grapple with understaffed counseling services, startup Sonar Mental Health deploys AI assistance in the form of a friendly chatbot named Sonny.
23-02-2025

Advanced Reasoning Models Like DeepSeek-R1 Are Driving Growth in GPU Demand, Says Together AI

Together AI shatters preconceptions about advanced artificial intelligence, proving that potent reasoning models increase, rather than decrease, infrastructure demand.
21-02-2025

AI Pioneer Variational AI Nabs $5.5M to Unleash Next-Gen Foundation Model for Small Molecule Drug Discovery

Variational AI, the genius behind Enki™, accelerates the future of drug discovery with a revelatory funding round, cementing its place in the biopharmaceutical world.
20-02-2025