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Felix Pago raises $200 million for broader financial-services push

Money-transfer startup Felix Pago raised $200 million to expand beyond remittances, according to a Bloomberg summary. The company plans to offer lending and savings services to Latin American immigrants in the United States. The financing provides capital for that expansion into additional financial products.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Estuary launches with $93 million Series A for kidney gene therapies

Estuary Biotherapeutics launched Friday with a $93 million Series A led by RA Capital Management to develop gene therapies for autosomal dominant polycystic kidney disease, BioPharma Dive reported. Investors included Alphabet's GV...

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Capital

RapidCanvas raises $29 million to expand enterprise AI delivery

RapidCanvas announced a $29 million Series B funding round led by Vertex Ventures SEA & India on Friday, bringing its total funding to $52.5 million. Hitachi Ventures joined as an investor, alongside existing backers Accel, Peak X...

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Capital Products

Matters raises $5m to pursue AI-powered consumer banking

Stockholm startup Matters has raised $5m in pre-seed funding led by Swedish angel investor Jakob Johansson to build an AI-powered consumer bank. The company will use the money to apply for licences, expand across the EU and grow i...

Robotics Products
Robotics Products

SoftBank considers Allied Universal acquisition as Son explores AI robots

SoftBank Group is considering buying Allied Universal, the largest security services company in the US, Bloomberg reports, citing people familiar with the matter. The consideration comes as founder Masayoshi Son explores deploying...

Policy Products
Policy Products

UK regulator proposes strategic market status for Microsoft business software

The UK Competition and Markets Authority proposed designating Microsoft as having strategic market status in business software and opened consultation on possible areas for intervention. Its provisional findings identify switching...