Revolut reportedly plans to add U.K. stocks to its trading platform within days.
\nThe company gained its U.K. trading license in November, has over 800,000 U.K. trading customers, and already offers U.S. and European equities, Bloomberg\u00a0reported Friday (April 11).
\n\u201cWe are including U.K. stocks in our offering as we\u2019ve\u00a0seen interest from our U.K. customers to get exposure to the local economy and diversify their portfolio further,\u201d\u00a0Yana Shkrebenkova, CEO of wealth and trading U.K. at Revolut, said in the report.
\nWhen Revolut received its U.K.\u00a0trading license from the\u00a0Financial Conduct Authority (FCA) in November, the company said it planned to offer its U.K. customers new trading products and features.
\nThe receipt of the license made Revolut Trading an authorized investment firm, allowing it to introduce U.K. and European Union stocks and exchange-traded funds (ETFs).
\nThe company had already operated a trading feature as an appointed representative with a principal in the U.K. since 2019, allowing it to offer an investment service through its app and enable retail customers to buy and sell shares listed in the U.S.
\n\u201cHaving launched our successful investment product five years ago, we strive to bring best-in-class investment products to our customers in the U.K.,\u201d Shkrebenkova said in a November press release. \u201cWe know that there is so much more our Revolut Trading customers want from our platform, and we are working hard to deliver this, rolling out new features safely and considerately.\u201d
\nIt was reported March 13 that Revolut was hiring 100 new staffers while preparing to expand its U.K.\u00a0banking business after receiving its British banking license last summer.
\nThe FinTech had\u00a0already begun building that side of its business and expects to have a staff of around 200 by the end of the year.
\nOn March 18, it was reported that Revolut is working to build out its\u00a0banking operations in the U.K., expand globally and then launch an initial public offering (IPO).
\nThe company aims to become a global financial services app. It currently lets users make payments, trade assets and hold money, and it aims to expand this offering to include loans, overdrafts and mortgages.
\nThe post Revolut to Add UK Stocks to Trading Platform appeared first on PYMNTS.com.
\n", "content_text": "Revolut reportedly plans to add U.K. stocks to its trading platform within days.\nThe company gained its U.K. trading license in November, has over 800,000 U.K. trading customers, and already offers U.S. and European equities, Bloomberg\u00a0reported Friday (April 11).\n\u201cWe are including U.K. stocks in our offering as we\u2019ve\u00a0seen interest from our U.K. customers to get exposure to the local economy and diversify their portfolio further,\u201d\u00a0Yana Shkrebenkova, CEO of wealth and trading U.K. at Revolut, said in the report.\nWhen Revolut received its U.K.\u00a0trading license from the\u00a0Financial Conduct Authority (FCA) in November, the company said it planned to offer its U.K. customers new trading products and features.\nThe receipt of the license made Revolut Trading an authorized investment firm, allowing it to introduce U.K. and European Union stocks and exchange-traded funds (ETFs).\nThe company had already operated a trading feature as an appointed representative with a principal in the U.K. since 2019, allowing it to offer an investment service through its app and enable retail customers to buy and sell shares listed in the U.S.\n\u201cHaving launched our successful investment product five years ago, we strive to bring best-in-class investment products to our customers in the U.K.,\u201d Shkrebenkova said in a November press release. \u201cWe know that there is so much more our Revolut Trading customers want from our platform, and we are working hard to deliver this, rolling out new features safely and considerately.\u201d\nIt was reported March 13 that Revolut was hiring 100 new staffers while preparing to expand its U.K.\u00a0banking business after receiving its British banking license last summer.\nThe FinTech had\u00a0already begun building that side of its business and expects to have a staff of around 200 by the end of the year.\nOn March 18, it was reported that Revolut is working to build out its\u00a0banking operations in the U.K., expand globally and then launch an initial public offering (IPO).\nThe company aims to become a global financial services app. It currently lets users make payments, trade assets and hold money, and it aims to expand this offering to include loans, overdrafts and mortgages.\nThe post Revolut to Add UK Stocks to Trading Platform appeared first on PYMNTS.com.", "date_published": "2025-04-11T16:39:59-04:00", "date_modified": "2025-04-11T16:39:59-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2024/07/Revolut-1.jpg", "tags": [ "FCA", "Financial Conduct Authority", "international", "Investments", "News", "PYMNTS News", "Revolut", "Stocks", "uk", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2682543", "url": "https://www.pymnts.com/news/investment-tracker/2025/faume-raises-9-1-million-to-expand-fashion-resale-platform-across-europe/", "title": "Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe", "content_html": "Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands.
\nThe platform currently supports 45 French brands and aims to support 150 brands across Europe within four years, starting with expansion in the U.K. and Italy, Faume said in a Thursday (April 10) press release.
\nFaume recently signed its first partnership in the U.K., with fashion house Victoria Beckham, and expects to add several heritage brands in Italy later this year, according to the release.
\nThe company helps its existing clients sell in not only France but also Germany, the Netherlands, Belgium, Spain and Italy, per the release. Since its launch in 2020, the company has enabled the sale of 300,000 secondhand premium fashion pieces, 40% of which were sold outside France.
\n\u201cAt Faume, we show daily that resale is a lever for brand resilience \u2014 combining sustainability and profitability across the board,\u201d Faume CEO Aymeric D\u00e9chin said in the release. \u201cOur solution, already adopted by more than 45 leading brands, proves that building a resale model is not only possible and valuable, but also drives long-term performance.\u201d
\nFaume enables premium brands to enter the second-hand market without compromising their image or losing their control over distribution, according to the release.
\nThe platform allows them to launch resale channels under their own name and branding; deliver a premium customer experience; retain control over pricing, image and inventory; and embed this circular model into their own ecosystem, the release said.
\nWith this solution, brands can launch their own branded resale channels in four to eight weeks, per the release.
\nOne of the companies using the platform is fashion brand Soeur, which launched Soeur Second Hand in collaboration with Faume, according to the release.
\n\u201cWe\u2019re pleased with the rollout and proud to offer a premium in-store take-back service,\u201d Soeur Managing Director Freja Day said in the release. \u201cAlready available in 14 countries, it reflects our commitment to circular and conscious fashion.\u201d
\nFleek, a London-based secondhand clothing platform that connects wholesalers and retailers, raised $20.4 million in November to expand its offerings. Fleek works with 10,000 resellers and retailers in 70 countries and moves 2.5 million secondhand clothing items from 1,000 wholesale suppliers.
\nIn September, fast-fashion brand Zara said it was bringing its secondhand clothing marketplace, Zara Pre-Owned, to the U.S. Zara introduced its Pre-Owned business in 2023, part of a wave of other retailers providing similar services amid pressures to improve their sustainability practices.
\nThe post Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe appeared first on PYMNTS.com.
\n", "content_text": "Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands.\nThe platform currently supports 45 French brands and aims to support 150 brands across Europe within four years, starting with expansion in the U.K. and Italy, Faume said in a Thursday (April 10) press release.\nFaume recently signed its first partnership in the U.K., with fashion house Victoria Beckham, and expects to add several heritage brands in Italy later this year, according to the release.\nThe company helps its existing clients sell in not only France but also Germany, the Netherlands, Belgium, Spain and Italy, per the release. Since its launch in 2020, the company has enabled the sale of 300,000 secondhand premium fashion pieces, 40% of which were sold outside France.\n\u201cAt Faume, we show daily that resale is a lever for brand resilience \u2014 combining sustainability and profitability across the board,\u201d Faume CEO Aymeric D\u00e9chin said in the release. \u201cOur solution, already adopted by more than 45 leading brands, proves that building a resale model is not only possible and valuable, but also drives long-term performance.\u201d\nFaume enables premium brands to enter the second-hand market without compromising their image or losing their control over distribution, according to the release.\nThe platform allows them to launch resale channels under their own name and branding; deliver a premium customer experience; retain control over pricing, image and inventory; and embed this circular model into their own ecosystem, the release said.\nWith this solution, brands can launch their own branded resale channels in four to eight weeks, per the release.\nOne of the companies using the platform is fashion brand Soeur, which launched Soeur Second Hand in collaboration with Faume, according to the release.\n\u201cWe\u2019re pleased with the rollout and proud to offer a premium in-store take-back service,\u201d Soeur Managing Director Freja Day said in the release. \u201cAlready available in 14 countries, it reflects our commitment to circular and conscious fashion.\u201d\nFleek, a London-based secondhand clothing platform that connects wholesalers and retailers, raised $20.4 million in November to expand its offerings. Fleek works with 10,000 resellers and retailers in 70 countries and moves 2.5 million secondhand clothing items from 1,000 wholesale suppliers.\nIn September, fast-fashion brand Zara said it was bringing its secondhand clothing marketplace, Zara Pre-Owned, to the U.S. Zara introduced its Pre-Owned business in 2023, part of a wave of other retailers providing similar services amid pressures to improve their sustainability practices.\nThe post Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe appeared first on PYMNTS.com.", "date_published": "2025-04-11T10:27:58-04:00", "date_modified": "2025-04-11T10:27:58-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Faume-fashion-resale-Europe.png", "tags": [ "ecommerce", "EMEA", "fashion", "Faume", "funding", "Investments", "luxury resale", "News", "PYMNTS News", "ReCommerce", "resale", "Retail", "Victoria Beckham", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2681265", "url": "https://www.pymnts.com/news/investment-tracker/2025/nuro-raises-106-million-to-scale-autonomous-vehicle-technology-platform/", "title": "Nuro Raises $106 Million to Scale Autonomous Vehicle Technology Platform", "content_html": "Autonomous vehicle company Nuro said Wednesday (April 9) that it has raised $106 million so far in an ongoing Series E funding round that values the company at $6 billion.
\nThe round brings the company\u2019s total funding to date to $2.2 billion, and it expects to add more Series E participants in the coming weeks, Nuro said in a Wednesday press release.
\nNuro will use the new funding to scale its technology platform and advance its commercial partnerships, according to the release.
\nThe company has a licensing-driven business model and offers its \u201cvehicle-agnostic, cost-effective technology\u201d to automotive manufacturers, suppliers and mobility companies that can integrate it into robotaxis, goods-delivery vehicles and personal vehicles, the release said.
\n\u201cWe\u2019re excited to see strong investor enthusiasm for our Series E,\u201d Nuro Co-founder and CEO Jiajun Zhu said in the release. \u201cOur technology, years of experience with driver-out Level 4 deployments, and focus on licensing uniquely position us to help automakers, mobility platforms and commercial fleets accelerate their autonomy roadmaps.\u201d
\nNuro said in November that it expanded its deployment of autonomous vehicles in two cities in California \u2014 Mountain View and Palo Alto \u2014 and in Houston, Texas.
\nThe company said it was ready to provide its autonomy platform to automotive OEMs and mobility companies.
\n\u201cOur latest driverless deployment demonstrates the maturity and capability of our AI platform, and we\u2019re excited for potential partners to capitalize on the performance, safety and sophistication of the Nuro Driver to build their own incredible autonomy products,\u201d Zhu said in a Nov. 19 press release.
\nNuro announced the expansion of its business model to include licensing in September, saying that its partnering with automotive OEMs and mobility platforms would accelerate the adoption of autonomous vehicles.
\nThe company said its licensing model offers a \u201ccommercially independent, road-proven platform\u201d that automotive OEMs and mobility platforms can use to speed up their development and deployment of autonomous vehicles.
\n\u201cWe believe Nuro is positioned to be a major contributor to this autonomous future where people and goods mobility are free-flowing, representing a significant increase in the quality of life for everyone,\u201d Zhu said in a Sept. 11 press release.
\nThe post Nuro Raises $106 Million to Scale Autonomous Vehicle Technology Platform appeared first on PYMNTS.com.
\n", "content_text": "Autonomous vehicle company Nuro said Wednesday (April 9) that it has raised $106 million so far in an ongoing Series E funding round that values the company at $6 billion.\nThe round brings the company\u2019s total funding to date to $2.2 billion, and it expects to add more Series E participants in the coming weeks, Nuro said in a Wednesday press release.\nNuro will use the new funding to scale its technology platform and advance its commercial partnerships, according to the release.\nThe company has a licensing-driven business model and offers its \u201cvehicle-agnostic, cost-effective technology\u201d to automotive manufacturers, suppliers and mobility companies that can integrate it into robotaxis, goods-delivery vehicles and personal vehicles, the release said.\n\u201cWe\u2019re excited to see strong investor enthusiasm for our Series E,\u201d Nuro Co-founder and CEO Jiajun Zhu said in the release. \u201cOur technology, years of experience with driver-out Level 4 deployments, and focus on licensing uniquely position us to help automakers, mobility platforms and commercial fleets accelerate their autonomy roadmaps.\u201d\nNuro said in November that it expanded its deployment of autonomous vehicles in two cities in California \u2014 Mountain View and Palo Alto \u2014 and in Houston, Texas.\nThe company said it was ready to provide its autonomy platform to automotive OEMs and mobility companies.\n\u201cOur latest driverless deployment demonstrates the maturity and capability of our AI platform, and we\u2019re excited for potential partners to capitalize on the performance, safety and sophistication of the Nuro Driver to build their own incredible autonomy products,\u201d Zhu said in a Nov. 19 press release.\nNuro announced the expansion of its business model to include licensing in September, saying that its partnering with automotive OEMs and mobility platforms would accelerate the adoption of autonomous vehicles.\nThe company said its licensing model offers a \u201ccommercially independent, road-proven platform\u201d that automotive OEMs and mobility platforms can use to speed up their development and deployment of autonomous vehicles.\n\u201cWe believe Nuro is positioned to be a major contributor to this autonomous future where people and goods mobility are free-flowing, representing a significant increase in the quality of life for everyone,\u201d Zhu said in a Sept. 11 press release.\nThe post Nuro Raises $106 Million to Scale Autonomous Vehicle Technology Platform appeared first on PYMNTS.com.", "date_published": "2025-04-09T16:48:31-04:00", "date_modified": "2025-04-09T16:48:31-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Nuro-autonomous-vehicle.png", "tags": [ "automotive", "Autonomous vehicles", "digital transformation", "funding", "Investments", "News", "Nuro", "PYMNTS News", "Technology", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2678671", "url": "https://www.pymnts.com/news/investment-tracker/2025/ryft-raises-7-3-million-to-expand-embedded-payment-solution/", "title": "Ryft Raises $7.3 Million to Expand Embedded Payment Solution", "content_html": "Ryft has raised 5.7 million pounds (about $7.3 million) in a Series A funding round to continue expanding its embedded payments solution that helps marketplaces and platforms process, manage and monetize payments.
\n\u201cWith this funding round, we\u2019ll continue our mission of giving acquiring banks, marketplaces and platforms the technology they need to automatically split payments and process payouts at a much lower cost than solutions offered by Stripe Connect, Adyen and others in the market,\u201d Alex Mackenzie, co-founder and managing director at Ryft, said in a Wednesday (April 9) post on LinkedIn.
\nRyft\u2019s solution enables business to accept online payments from major credit cards and preferred payment methods like Apple Pay and Google Pay; ensure smooth marketplace payments by automating split payments, customizing commission rates and holding funds until conditions are met; generate revenue from online payment fees; and process payments with full regulatory compliance, according to its website.
\nThe company\u2019s latest funding round was led by EdenBase, with support from British Business Bank, Pembroke VCT, The SideBySide Partnership, GPOS Investments, Ingenii VC and some executives from PayPal, Sadra Hosseini, co-founder and CEO at Ryft, said in a Wednesday post on LinkedIn.
\n\u201cThis means even bigger things ahead for Ryft; helping platforms, marketplaces and acquirers automate and scale payment flows efficiently, with full compliance,\u201d Hosseini said in the post. \u201cThe funding will be used to help scale Ryft further internationally to really cater to our partners\u2019 needs.\u201d
\nSince its seed funding round of 1.2 million pounds in 2022, Ryft has secured a Financial Conduct Authority (FCA) license, partnered with American Express and Visa, and become a Mastercard Network Enablement Provider, Pembroke VCT said in a Wednesday post on LinkedIn.
\n\u201cRyft is transforming the payments landscape by providing businesses with a secure, compliant and scalable solution to process, manage and monetize payments with ease,\u201d Pembroke VCT said in the post. \u201cAlready trusted by over 1,500 businesses, Ryft is streamlining the payment process and driving efficiency across several industries.\u201d
\nWhen announcing its partnership with American Express in March 2024, Ryft said that move would enable its merchants in the U.K. to accept payments from Amex cards and gain Amex benefits.
\nThe post Ryft Raises $7.3 Million to Expand Embedded Payment Solution appeared first on PYMNTS.com.
\n", "content_text": "Ryft has raised 5.7 million pounds (about $7.3 million) in a Series A funding round to continue expanding its embedded payments solution that helps marketplaces and platforms process, manage and monetize payments.\n\u201cWith this funding round, we\u2019ll continue our mission of giving acquiring banks, marketplaces and platforms the technology they need to automatically split payments and process payouts at a much lower cost than solutions offered by Stripe Connect, Adyen and others in the market,\u201d Alex Mackenzie, co-founder and managing director at Ryft, said in a Wednesday (April 9) post on LinkedIn.\nRyft\u2019s solution enables business to accept online payments from major credit cards and preferred payment methods like Apple Pay and Google Pay; ensure smooth marketplace payments by automating split payments, customizing commission rates and holding funds until conditions are met; generate revenue from online payment fees; and process payments with full regulatory compliance, according to its website.\nThe company\u2019s latest funding round was led by EdenBase, with support from British Business Bank, Pembroke VCT, The SideBySide Partnership, GPOS Investments, Ingenii VC and some executives from PayPal, Sadra Hosseini, co-founder and CEO at Ryft, said in a Wednesday post on LinkedIn.\n\u201cThis means even bigger things ahead for Ryft; helping platforms, marketplaces and acquirers automate and scale payment flows efficiently, with full compliance,\u201d Hosseini said in the post. \u201cThe funding will be used to help scale Ryft further internationally to really cater to our partners\u2019 needs.\u201d\nSince its seed funding round of 1.2 million pounds in 2022, Ryft has secured a Financial Conduct Authority (FCA) license, partnered with American Express and Visa, and become a Mastercard Network Enablement Provider, Pembroke VCT said in a Wednesday post on LinkedIn.\n\u201cRyft is transforming the payments landscape by providing businesses with a secure, compliant and scalable solution to process, manage and monetize payments with ease,\u201d Pembroke VCT said in the post. \u201cAlready trusted by over 1,500 businesses, Ryft is streamlining the payment process and driving efficiency across several industries.\u201d\nWhen announcing its partnership with American Express in March 2024, Ryft said that move would enable its merchants in the U.K. to accept payments from Amex cards and gain Amex benefits.\nThe post Ryft Raises $7.3 Million to Expand Embedded Payment Solution appeared first on PYMNTS.com.", "date_published": "2025-04-09T10:58:00-04:00", "date_modified": "2025-04-09T10:58:00-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Ryft-embedded-payment.png", "tags": [ "Embedded Payments", "FinTech", "funding", "Investments", "marketplace payments", "News", "online payments", "PYMNTS News", "Ryft", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2634078", "url": "https://www.pymnts.com/news/investment-tracker/2025/report-andreessen-horowitz-seeks-to-raise-20-billion-for-american-ai-startups/", "title": "Report: Andreessen Horowitz Seeks to Raise $20 Billion for American AI Startups", "content_html": "Andreessen Horowitz is reportedly seeking to raise $20 billion for a tech investment fund focused on growth-stage investments in American artificial intelligence (AI) companies.
\nThe fund will seek global investors that want to invest in the U.S. tech industry at a time when President Donald Trump is encouraging companies to make products in the U.S., Reuters\u00a0reported\u00a0Tuesday (April 8), citing unnamed sources.
\nIt is in its early stages\u00a0and could take several months to close, according to the report.
\nAndreessen Horowitz did not immediately reply to PYMNTS\u2019 request for comment.
\nThe new fund would be the venture capital firm\u2019s largest\u00a0ever and would be surpassed only by two\u00a0SoftBank Vision Funds, one of which raised $100 billion\u00a0while the other raised $56 billion, the report said.
\nSequoia Capital, which has over $56 billion\u00a0in assets under management, has a fund that now stands at $19.6 billion, per the report.
\nAndreessen Horowitz currently has $45 billion\u00a0of assets under management, according to the report.
\nA large part of the firm\u2019s new fund would be devoted to follow-on investments into AI companies in its portfolio, which includes\u00a0Databricks and\u00a0xAI, the report said.
\nAndreessen Horowitz announced in April 2024 that it raised $7.2 billion\u00a0to invest in\u00a0tech startups, including those in the AI sector.
\nThe firm said at the time in a press release that the bulk of the funding \u2014 $3.75 billion \u2014 would go to projects in its \u201cGrowth\u201d category, for latter-stage startups, while $1.25 billion would be allocated for firms building AI infrastructure and $1 billion for startups creating AI applications.
\nIt was\u00a0reported Tuesday that the\u00a0venture capital/startup space is\u00a0in crisis mode as Trump\u2019s new tariffs rock the global stock market.
\nThe Bloomberg News report likened the mood inside Silicon Valley VC firms as the week began to the start of the pandemic five years ago.
\nOn March 10, it was reported that excitement for AI had brought American startup investment to a three-year high, with much of this funding from the\u00a0venture capital space being focused on a few very large private tech firms.
\nA Financial Times report said upward of $30 billion had been invested in tech startups at that point in the first quarter, with another $50 billion in fundraising in the works.
\nThe post Report: Andreessen Horowitz Seeks to Raise $20 Billion for American AI Startups appeared first on PYMNTS.com.
\n", "content_text": "Andreessen Horowitz is reportedly seeking to raise $20 billion for a tech investment fund focused on growth-stage investments in American artificial intelligence (AI) companies.\nThe fund will seek global investors that want to invest in the U.S. tech industry at a time when President Donald Trump is encouraging companies to make products in the U.S., Reuters\u00a0reported\u00a0Tuesday (April 8), citing unnamed sources.\nIt is in its early stages\u00a0and could take several months to close, according to the report.\nAndreessen Horowitz did not immediately reply to PYMNTS\u2019 request for comment.\nThe new fund would be the venture capital firm\u2019s largest\u00a0ever and would be surpassed only by two\u00a0SoftBank Vision Funds, one of which raised $100 billion\u00a0while the other raised $56 billion, the report said.\nSequoia Capital, which has over $56 billion\u00a0in assets under management, has a fund that now stands at $19.6 billion, per the report.\nAndreessen Horowitz currently has $45 billion\u00a0of assets under management, according to the report.\nA large part of the firm\u2019s new fund would be devoted to follow-on investments into AI companies in its portfolio, which includes\u00a0Databricks and\u00a0xAI, the report said.\nAndreessen Horowitz announced in April 2024 that it raised $7.2 billion\u00a0to invest in\u00a0tech startups, including those in the AI sector.\nThe firm said at the time in a press release that the bulk of the funding \u2014 $3.75 billion \u2014 would go to projects in its \u201cGrowth\u201d category, for latter-stage startups, while $1.25 billion would be allocated for firms building AI infrastructure and $1 billion for startups creating AI applications.\nIt was\u00a0reported Tuesday that the\u00a0venture capital/startup space is\u00a0in crisis mode as Trump\u2019s new tariffs rock the global stock market.\nThe Bloomberg News report likened the mood inside Silicon Valley VC firms as the week began to the start of the pandemic five years ago.\nOn March 10, it was reported that excitement for AI had brought American startup investment to a three-year high, with much of this funding from the\u00a0venture capital space being focused on a few very large private tech firms.\nA Financial Times report said upward of $30 billion had been invested in tech startups at that point in the first quarter, with another $50 billion in fundraising in the works.\nThe post Report: Andreessen Horowitz Seeks to Raise $20 Billion for American AI Startups appeared first on PYMNTS.com.", "date_published": "2025-04-08T18:40:53-04:00", "date_modified": "2025-04-08T18:40:53-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/01/Andreessen-Horowitz-a16z.jpg", "tags": [ "AI", "AI investments", "AI startups", "Andreessen Horowitz", "artificial intelligence", "funding", "Investments", "News", "PYMNTS News", "Venture Capital", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2618204", "url": "https://www.pymnts.com/news/investment-tracker/2025/octane-secures-6-75-million-for-ai-powered-cybersecurity-solution-for-blockchain/", "title": "Octane Secures $6.75 Million for AI-Powered Cybersecurity Solution for Blockchain", "content_html": "AI cybersecurity startup\u00a0Octane has emerged from stealth and announced it secured $6.75 million in a seed funding round.
\nOctane will use the funding to accelerate the development of its platform that uses machine learning to continuously analyze blockchain codebases, identify vulnerabilities and remediate them before they can be exploited, the company said in a Tuesday (April 8)\u00a0press release.
\n\u201cFlawed blockchain code enables billions in theft across crypto, with vulnerable smart contracts creating an ever-expanding attack surface as more value enters the ecosystem,\u201d Octane CEO\u00a0Giovanni Vignone\u00a0said in the release.
\nOctane\u2019s platform helps developers catch bugs before deployment and throughout the software development cycle, according to the release. It will soon offer code analysis for off-chain codebases as well.
\nThe company\u2019s seed funding round was co-led by\u00a0Archetype and\u00a0Winklevoss Capital, per the release.
\n\u201cSecuring smart contracts on the blockchain is one of the biggest challenges facing any crypto developer,\u201d\u00a0Tyler Winklevoss said in the release. \u201cOctane allows devs to battle-test their smart contract code with AI-powered security testing before it hits production on the blockchain. This is huge for devs, companies and mainstream crypto adoption.\u201d
\nA growing share of chief operating officers at organizations that generate more than $1 billion\u00a0in annual revenue have implemented AI-powered automated\u00a0cybersecurity\u00a0management systems, according to the\u00a0PYMNTS Intelligence report, \u201cCOOs Leverage GenAI to Reduce Data Security Losses.\u201d
\nThe report found that the share of these COOs who said their companies have implemented these systems leapt from about 17% in May to 55% in August.
\nThis growth has been driven by COOs\u2019 demand for GenAI-driven solutions to improve cybersecurity management at a time when companies face the threat of cyberattacks that are growing more sophisticated, according to the report.
\nDream, a company focused on AI-powered\u00a0cybersecurity\u00a0for nations and critical infrastructure, said in February that it raised $100 million in a Series B funding round to expand into additional markets in which cyber threats pose challenges to national security.
\nIn September,\u00a0Torq raised $70 million in a Series C funding round to expand its AI-first cybersecurity hyperautomation solutions that automate, manage\u00a0and monitor critical security operations center (SOC) responses.
\nThe post Octane Secures $6.75 Million for AI-Powered Cybersecurity Solution for Blockchain appeared first on PYMNTS.com.
\n", "content_text": "AI cybersecurity startup\u00a0Octane has emerged from stealth and announced it secured $6.75 million in a seed funding round.\nOctane will use the funding to accelerate the development of its platform that uses machine learning to continuously analyze blockchain codebases, identify vulnerabilities and remediate them before they can be exploited, the company said in a Tuesday (April 8)\u00a0press release.\n\u201cFlawed blockchain code enables billions in theft across crypto, with vulnerable smart contracts creating an ever-expanding attack surface as more value enters the ecosystem,\u201d Octane CEO\u00a0Giovanni Vignone\u00a0said in the release.\nOctane\u2019s platform helps developers catch bugs before deployment and throughout the software development cycle, according to the release. It will soon offer code analysis for off-chain codebases as well.\nThe company\u2019s seed funding round was co-led by\u00a0Archetype and\u00a0Winklevoss Capital, per the release.\n\u201cSecuring smart contracts on the blockchain is one of the biggest challenges facing any crypto developer,\u201d\u00a0Tyler Winklevoss said in the release. \u201cOctane allows devs to battle-test their smart contract code with AI-powered security testing before it hits production on the blockchain. This is huge for devs, companies and mainstream crypto adoption.\u201d\nA growing share of chief operating officers at organizations that generate more than $1 billion\u00a0in annual revenue have implemented AI-powered automated\u00a0cybersecurity\u00a0management systems, according to the\u00a0PYMNTS Intelligence report, \u201cCOOs Leverage GenAI to Reduce Data Security Losses.\u201d\nThe report found that the share of these COOs who said their companies have implemented these systems leapt from about 17% in May to 55% in August.\nThis growth has been driven by COOs\u2019 demand for GenAI-driven solutions to improve cybersecurity management at a time when companies face the threat of cyberattacks that are growing more sophisticated, according to the report.\nDream, a company focused on AI-powered\u00a0cybersecurity\u00a0for nations and critical infrastructure, said in February that it raised $100 million in a Series B funding round to expand into additional markets in which cyber threats pose challenges to national security.\nIn September,\u00a0Torq raised $70 million in a Series C funding round to expand its AI-first cybersecurity hyperautomation solutions that automate, manage\u00a0and monitor critical security operations center (SOC) responses.\nThe post Octane Secures $6.75 Million for AI-Powered Cybersecurity Solution for Blockchain appeared first on PYMNTS.com.", "date_published": "2025-04-08T13:08:53-04:00", "date_modified": "2025-04-08T13:08:53-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Octane-blockchain-cybersecurity.jpg", "tags": [ "AI", "artificial intelligence", "Blockchain", "Cybersecurity", "funding", "Investments", "News", "Octane", "PYMNTS News", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2614957", "url": "https://www.pymnts.com/news/investment-tracker/2025/anecdotes-raises-30-million-to-automate-risk-and-compliance-tools/", "title": "Anecdotes Raises $30 Million to Automate Risk and Compliance Tools", "content_html": "Governance, risk and compliance (GRC) provider Anecdotes has raised $30 million in new funding.
\nThe new financing, announced Tuesday (April 8), brings the Israeli company\u2019s total Series B funding round to $55 million.
\n\u201cWe\u2019ve always believed that GRC has way more to offer the business than it gets credit for, and that the way to change that is through data,\u201d Yair Kuznitsov, Anecdotes\u2019 co-founder and CEO, wrote on the company\u2019s blog.\u00a0\u201cWith this new funding, we\u2019re doubling down on our mission to help enterprises scale GRC, automate operations, and ensure risk management is both proactive and effective.\u201d
\nAccording to the blog post, Anecdotes was born out of frustration with the amount of time GRC teams needed to spend compiling evidence that would soon become outdated. These teams, Kuznitsov argued, were forced to work with \u201cfragmented information, siloed processes, and guesswork, limiting GRC\u2019s potential.
\n\u201cEnterprise GRC is at a critical inflection point,\u201d he wrote. \u201cRegulatory complexity is increasing, cyber threats are higher than ever, and new technologies create novel risks to mitigate. Yet, most GRC teams still rely on manual, point-in-time and inefficient workflows.\u201d
\nAnecdotes\u2019 platform, the company said, can automate evidence collection \u201con an enterprise scale,\u201d notify companies of gaps in their programs as they occur and leverage existing work to help improve their programs.
\nWith the new investment, the company said it is accelerating its development of artificial intelligence (AI) agents and automation to help GRC teams spot gaps, assess risks and take action faster.
\nAs PYMNTS wrote last month, financial industry executives believe that companies have little choice but to employ AI for risk management.
\n\u201cIn 2025, there is pretty much no compliance without AI, because compliance became exponentially harder,\u201d said Alexander Statnikov, co-founder and CEO of Crosswise Risk Management. \u201cThink about all the change management that happens with regulations. Now, states will be stepping in. How do you stay on top of it?\u201d
\nIt\u2019s a similar situation with business product development cycles, he added, which have gotten considerably faster.
\n\u201cRather than being a two-year cycle, it\u2019s been a few weeks. Products are being shipped quicker,\u201d Statnikov told PYMNTS. Mix in the complexity of Banking-as-a-Service and handling of third-party risk management, and \u201cthis makes AI a necessity for success of compliance.\u201d
\nThe post Anecdotes Raises $30 Million to Automate Risk and Compliance Tools appeared first on PYMNTS.com.
\n", "content_text": "Governance, risk and compliance (GRC) provider Anecdotes has raised $30 million in new funding.\nThe new financing, announced Tuesday (April 8), brings the Israeli company\u2019s total Series B funding round to $55 million.\n\u201cWe\u2019ve always believed that GRC has way more to offer the business than it gets credit for, and that the way to change that is through data,\u201d Yair Kuznitsov, Anecdotes\u2019 co-founder and CEO, wrote on the company\u2019s blog.\u00a0\u201cWith this new funding, we\u2019re doubling down on our mission to help enterprises scale GRC, automate operations, and ensure risk management is both proactive and effective.\u201d\nAccording to the blog post, Anecdotes was born out of frustration with the amount of time GRC teams needed to spend compiling evidence that would soon become outdated. These teams, Kuznitsov argued, were forced to work with \u201cfragmented information, siloed processes, and guesswork, limiting GRC\u2019s potential.\n\u201cEnterprise GRC is at a critical inflection point,\u201d he wrote. \u201cRegulatory complexity is increasing, cyber threats are higher than ever, and new technologies create novel risks to mitigate. Yet, most GRC teams still rely on manual, point-in-time and inefficient workflows.\u201d\nAnecdotes\u2019 platform, the company said, can automate evidence collection \u201con an enterprise scale,\u201d notify companies of gaps in their programs as they occur and leverage existing work to help improve their programs.\nWith the new investment, the company said it is accelerating its development of artificial intelligence (AI) agents and automation to help GRC teams spot gaps, assess risks and take action faster.\nAs PYMNTS wrote last month, financial industry executives believe that companies have little choice but to employ AI for risk management.\n\u201cIn 2025, there is pretty much no compliance without AI, because compliance became exponentially harder,\u201d said Alexander Statnikov, co-founder and CEO of Crosswise Risk Management. \u201cThink about all the change management that happens with regulations. Now, states will be stepping in. How do you stay on top of it?\u201d\nIt\u2019s a similar situation with business product development cycles, he added, which have gotten considerably faster.\n\u201cRather than being a two-year cycle, it\u2019s been a few weeks. Products are being shipped quicker,\u201d Statnikov told PYMNTS. Mix in the complexity of Banking-as-a-Service and handling of third-party risk management, and \u201cthis makes AI a necessity for success of compliance.\u201d\nThe post Anecdotes Raises $30 Million to Automate Risk and Compliance Tools appeared first on PYMNTS.com.", "date_published": "2025-04-08T11:38:06-04:00", "date_modified": "2025-04-08T11:38:06-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Anecdote-investments-funding-compliance.jpg", "tags": [ "AI", "AI agents", "Anecdotes", "artificial intelligence", "automation", "compliance", "funding", "fundraising", "governance", "governance risk compliance", "GRC", "Investments", "News", "PYMNTS News", "risk management", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2559969", "url": "https://www.pymnts.com/news/investment-tracker/2025/janover-raises-42-million-to-accelerate-acquisition-of-digital-assets/", "title": "Janover Raises $42 Million to Accelerate Acquisition of Digital Assets", "content_html": "Janover, a platform that connects the commercial real estate industry, said Monday (April 7) that it plans to accelerate its acquisition of digital assets after raising $42 million in an offering of convertible notes and warrants.
\nThe company will start by acquiring digital assets in the\u00a0Solana ecosystem through U.S. public markets, it said in a Monday\u00a0press release.
\nJanover said in another Monday\u00a0press release that majority ownership in the company has been acquired by a team of former leaders of crypto platform\u00a0Kraken\u00a0who are \u201cdedicated to bridging the liquidity gap between traditional finance (TradFi) and decentralized finance (DeFi).\u201d
\nTwo members of the group that acquired Janover have been appointed by the board of directors to roles at the company: former Kraken Chief Strategy Officer\u00a0Joseph Onorati\u00a0is now chairman\u00a0and CEO of Janover, and former Kraken Engineering Director\u00a0Parker White is now chief investment officer and chief operating officer, according to the release.
\nIn addition, former Kraken Chief Legal Officer\u00a0Marco Santori\u00a0will join the board of Janover, the release said.
\nJanover Founder\u00a0Blake Janover and Director and Audit Committee Chair\u00a0William Caragol will remain on the board, per the release.
\nThe board has adopted a treasury policy in which the principal holding in its treasury reserve on the balance sheet will be allocated to digital assets, starting with Solana (SOL), and the company will consider acquiring Solana validators and acquiring and staking SOL through them, according to the release.
\nJanover will continue operating its core business \u2014 the platform that provides data and software subscriptions and value-add services to multifamily and commercial property professionals \u2014 and will continue its transition to a software-as-a-service (SaaS) business model, the release said.
\nThe company plans to change its name to DeFi Development Corp., per the release.
\n\u201cAfter building in the crypto industry for more than a decade, we are at a tipping point in mass DeFi adoption,\u201d Onorati said in the release. \u201cWe\u2019re proud to be the first to introduce a digital asset treasury strategy in the U.S. public markets initially focused on Solana.\u201d
\nCorporate treasurers are increasingly evaluating\u00a0crypto\u2019s role in their financial ecosystem, PYMNTS reported in February. Companies such as MicroStrategy \u2014 which is now doing business as\u00a0Strategy \u2014 and\u00a0Block have added bitcoin to their balance sheets, while other firms across industries are exploring its potential as both an investment vehicle and a transactional asset.
\nRetail gaming destination\u00a0GameStop\u00a0said March 25 that its board voted unanimously to add bitcoin as a\u00a0treasury reserve asset.
\nThe post Janover Raises $42 Million to Accelerate Acquisition of Digital Assets appeared first on PYMNTS.com.
\n", "content_text": "Janover, a platform that connects the commercial real estate industry, said Monday (April 7) that it plans to accelerate its acquisition of digital assets after raising $42 million in an offering of convertible notes and warrants.\nThe company will start by acquiring digital assets in the\u00a0Solana ecosystem through U.S. public markets, it said in a Monday\u00a0press release.\nJanover said in another Monday\u00a0press release that majority ownership in the company has been acquired by a team of former leaders of crypto platform\u00a0Kraken\u00a0who are \u201cdedicated to bridging the liquidity gap between traditional finance (TradFi) and decentralized finance (DeFi).\u201d\nTwo members of the group that acquired Janover have been appointed by the board of directors to roles at the company: former Kraken Chief Strategy Officer\u00a0Joseph Onorati\u00a0is now chairman\u00a0and CEO of Janover, and former Kraken Engineering Director\u00a0Parker White is now chief investment officer and chief operating officer, according to the release.\nIn addition, former Kraken Chief Legal Officer\u00a0Marco Santori\u00a0will join the board of Janover, the release said.\nJanover Founder\u00a0Blake Janover and Director and Audit Committee Chair\u00a0William Caragol will remain on the board, per the release.\nThe board has adopted a treasury policy in which the principal holding in its treasury reserve on the balance sheet will be allocated to digital assets, starting with Solana (SOL), and the company will consider acquiring Solana validators and acquiring and staking SOL through them, according to the release.\nJanover will continue operating its core business \u2014 the platform that provides data and software subscriptions and value-add services to multifamily and commercial property professionals \u2014 and will continue its transition to a software-as-a-service (SaaS) business model, the release said.\nThe company plans to change its name to DeFi Development Corp., per the release.\n\u201cAfter building in the crypto industry for more than a decade, we are at a tipping point in mass DeFi adoption,\u201d Onorati said in the release. \u201cWe\u2019re proud to be the first to introduce a digital asset treasury strategy in the U.S. public markets initially focused on Solana.\u201d\nCorporate treasurers are increasingly evaluating\u00a0crypto\u2019s role in their financial ecosystem, PYMNTS reported in February. Companies such as MicroStrategy \u2014 which is now doing business as\u00a0Strategy \u2014 and\u00a0Block have added bitcoin to their balance sheets, while other firms across industries are exploring its potential as both an investment vehicle and a transactional asset.\nRetail gaming destination\u00a0GameStop\u00a0said March 25 that its board voted unanimously to add bitcoin as a\u00a0treasury reserve asset.\nThe post Janover Raises $42 Million to Accelerate Acquisition of Digital Assets appeared first on PYMNTS.com.", "date_published": "2025-04-07T11:58:13-04:00", "date_modified": "2025-04-07T11:58:13-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Janover-cryptocurrency-digital-assets-investments.jpg", "tags": [ "Cryptocurrency", "decentralized finance", "digital assets", "funding", "Investments", "Janover", "Kraken", "News", "PYMNTS News", "Solana", "Web3", "What's Hot", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2558300", "url": "https://www.pymnts.com/news/investment-tracker/2025/alphabet-backed-pennylane-raises-82-million-to-expand-accounting-platform-across-europe/", "title": "Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe", "content_html": "Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe.
\nThe company will use the new funding to accelerate expansion that has already seen it triple its user base over the past 12 months, Pennylane said in a Monday (April 7) message posted on and translated by LinkedIn.
\nPennylane\u2019s solution is now used by 4,500 accounting firms and 350,000 companies and is offered by 60 reseller integrators that help the company reach small and medium-sized businesses (SMBs), according to the post.
\n\u201cOur priority has always been to simplify your daily life and to enhance your expertise,\u201d the company said in the post, per the translation. \u201cThis new stage in our development demonstrates our deep commitment to accountants and businesses.\u201d
\nPennylane\u2019s latest funding round was co-led by Meritech Capital, CapitalG and Sequoia Capital, according to a Monday post on LinkedIn by Capital G, which is Alphabet\u2019s independent growth fund.
\nCapitalG said in the post that Pennylane, which was founded in 2020, aims to \u201ctransform financial management for small businesses and accountants across Continental Europe.\u201d
\n\u201cPennylane\u2019s platform streamlines financial flows, automates tasks and empowers businesses with real-time, actionable data,\u201d CapitalG said in its post.
\nThe company\u2019s accounting platform can handle expense management, banking, cash management and eInvoicing, CapitalG said in a Monday blog post.
\nThe software brings automation to accountants, real-time insights to small business owners, and the ability to handle the complexities of accounting for the 22 million small business owners in Continental Europe, according to the post.
\n\u201cWe spent a year developing our perspective on how back-office technology in Europe will evolve, and how upcoming eInvoicing could change the current landscape,\u201d the post said. \u201cWhen we met the Pennylane team, we knew they were the ones who could make the difference for these accountants and small businesses.\u201d
\nThe move toward\u00a0eInvoicing is making the entire B2B invoicing process more streamlined and better integrated into digital business ecosystems, PYMNTS reported in April 2024.
\nThe workflow transformation promises to reduce errors, lower costs and speed up B2B payment processes.
\nThe post Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe appeared first on PYMNTS.com.
\n", "content_text": "Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe.\nThe company will use the new funding to accelerate expansion that has already seen it triple its user base over the past 12 months, Pennylane said in a Monday (April 7) message posted on and translated by LinkedIn.\nPennylane\u2019s solution is now used by 4,500 accounting firms and 350,000 companies and is offered by 60 reseller integrators that help the company reach small and medium-sized businesses (SMBs), according to the post.\n\u201cOur priority has always been to simplify your daily life and to enhance your expertise,\u201d the company said in the post, per the translation. \u201cThis new stage in our development demonstrates our deep commitment to accountants and businesses.\u201d\nPennylane\u2019s latest funding round was co-led by Meritech Capital, CapitalG and Sequoia Capital, according to a Monday post on LinkedIn by Capital G, which is Alphabet\u2019s independent growth fund.\nCapitalG said in the post that Pennylane, which was founded in 2020, aims to \u201ctransform financial management for small businesses and accountants across Continental Europe.\u201d\n\u201cPennylane\u2019s platform streamlines financial flows, automates tasks and empowers businesses with real-time, actionable data,\u201d CapitalG said in its post.\nThe company\u2019s accounting platform can handle expense management, banking, cash management and eInvoicing, CapitalG said in a Monday blog post.\nThe software brings automation to accountants, real-time insights to small business owners, and the ability to handle the complexities of accounting for the 22 million small business owners in Continental Europe, according to the post.\n\u201cWe spent a year developing our perspective on how back-office technology in Europe will evolve, and how upcoming eInvoicing could change the current landscape,\u201d the post said. \u201cWhen we met the Pennylane team, we knew they were the ones who could make the difference for these accountants and small businesses.\u201d\nThe move toward\u00a0eInvoicing is making the entire B2B invoicing process more streamlined and better integrated into digital business ecosystems, PYMNTS reported in April 2024.\nThe workflow transformation promises to reduce errors, lower costs and speed up B2B payment processes.\nThe post Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe appeared first on PYMNTS.com.", "date_published": "2025-04-07T11:34:54-04:00", "date_modified": "2025-04-07T22:07:27-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/Pennylane-accounting-Europe.png", "tags": [ "accounting", "Alphabet", "B2B", "B2B Payments", "commercial payments", "EMEA", "FinTech", "funding", "Investments", "News", "Pennylane", "PYMNTS News", "SMBs", "What's Hot", "What's Hot In B2B", "Investments" ] }, { "id": "https://www.pymnts.com/?p=2557073", "url": "https://www.pymnts.com/news/investment-tracker/2025/us-investors-conserving-cash-amid-tariff-troubles/", "title": "US Investors Conserving Cash Amid Tariff Troubles", "content_html": "Last week was a rough one for the stock market following the announcement of new tariffs.
\nBut as The Wall Street Journal (WSJ) reported Saturday (April 5), investors are choosing to keep their cash close to home rather than buying shares at lower prices.
\nDuring the first few days of the month, investors pumped upwards of $60 billion into money market funds, the report said. This has pushed assets in these funds to $7.4 trillion, the highest level since at least 1972.
\nAccording to the report, market observers have kept an eye on cash investments in recent years, expecting that much of it would eventually move into stocks. Such a shift seems to be in limbo for now, WSJ added.
\n\u201cI\u2019m just sitting on as much cash as possible,\u201d said Matthew Shaughnessy, an investor who runs an auto repair shop and a pet spa in Idaho. \u201cIf I try to catch this falling knife, I\u2019m just going to get cut over and over and over on the way down.\u201d
\nBefore Trump announced his new tariffs last week, Shaughnessy said he sold his Rivian and Roblox stock in anticipation of a wave of selloffs. He doesn\u2019t intend to purchase additional stocks until more normal market conditions resume.
\nFor now, as PYMNTS wrote last week, \u201cMany consumers are walking a financial tightrope, juggling everyday expenses with unexpected needs and have-it-now desires.\u201d
\nNew research from PYMNTS Intelligence finds some surprising shifts in financial behaviors, with changes in money management habits and a growing dependence on credit to bridge the gaps in an uncertain environment.
\nThat research focused on two groups of consumers. The first are planners, who take a strategic and proactive approach, consistently paying off credit card balances, and building up savings for short-term and long-term needs.
\nThe other group are the reactors, who deal with monthly bills on the fly and in some cases choosing which bills to pay. These consumers tend to carry higher credit card balances and have less saved, making them rely more on credit when unexpected costs arise.
\nHowever, the balance between those groups has begun to shift. According to \u201cNew Reality Check: The Paycheck-to-Paycheck Report,\u201d a recent PYMNTS Intelligence report, just 40% of consumers identified as planners in January 2025 \u2014 down around 20% since February 2024, when about half of consumers 1 in 2 were planners.\u00a0
\n\u201cThe decline suggests more Americans are facing mounting financial strain,\u201d PYMNTS wrote last week. \u201cSurprisingly, that shift to reactor is notable among higher-income earners making at least $100,000 a year; over 11 months since February 2024, the number of planners in that group plunged by 25%.\u201d
\nThe post US Investors Conserving Cash Amid Tariff Troubles appeared first on PYMNTS.com.
\n", "content_text": "Last week was a rough one for the stock market following the announcement of new tariffs.\nBut as The Wall Street Journal (WSJ) reported Saturday (April 5), investors are choosing to keep their cash close to home rather than buying shares at lower prices.\nDuring the first few days of the month, investors pumped upwards of $60 billion into money market funds, the report said. This has pushed assets in these funds to $7.4 trillion, the highest level since at least 1972.\nAccording to the report, market observers have kept an eye on cash investments in recent years, expecting that much of it would eventually move into stocks. Such a shift seems to be in limbo for now, WSJ added.\n\u201cI\u2019m just sitting on as much cash as possible,\u201d said Matthew Shaughnessy, an investor who runs an auto repair shop and a pet spa in Idaho. \u201cIf I try to catch this falling knife, I\u2019m just going to get cut over and over and over on the way down.\u201d\nBefore Trump announced his new tariffs last week, Shaughnessy said he sold his Rivian and Roblox stock in anticipation of a wave of selloffs. He doesn\u2019t intend to purchase additional stocks until more normal market conditions resume.\nFor now, as PYMNTS wrote last week, \u201cMany consumers are walking a financial tightrope, juggling everyday expenses with unexpected needs and have-it-now desires.\u201d\nNew research from PYMNTS Intelligence finds some surprising shifts in financial behaviors, with changes in money management habits and a growing dependence on credit to bridge the gaps in an uncertain environment.\nThat research focused on two groups of consumers. The first are planners, who take a strategic and proactive approach, consistently paying off credit card balances, and building up savings for short-term and long-term needs.\nThe other group are the reactors, who deal with monthly bills on the fly and in some cases choosing which bills to pay. These consumers tend to carry higher credit card balances and have less saved, making them rely more on credit when unexpected costs arise.\nHowever, the balance between those groups has begun to shift. According to \u201cNew Reality Check: The Paycheck-to-Paycheck Report,\u201d a recent PYMNTS Intelligence report, just 40% of consumers identified as planners in January 2025 \u2014 down around 20% since February 2024, when about half of consumers 1 in 2 were planners.\u00a0\n\u201cThe decline suggests more Americans are facing mounting financial strain,\u201d PYMNTS wrote last week. \u201cSurprisingly, that shift to reactor is notable among higher-income earners making at least $100,000 a year; over 11 months since February 2024, the number of planners in that group plunged by 25%.\u201d\nThe post US Investors Conserving Cash Amid Tariff Troubles appeared first on PYMNTS.com.", "date_published": "2025-04-06T20:21:52-04:00", "date_modified": "2025-04-06T20:23:38-04:00", "authors": [ { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" } ], "author": { "name": "PYMNTS", "url": "https://www.pymnts.com/author/pymnts/", "avatar": "https://secure.gravatar.com/avatar/f05cc0fdcc9e387e4f3570c17158c503?s=512&d=blank&r=g" }, "image": "https://www.pymnts.com/wp-content/uploads/2025/04/investors-cash.jpg", "tags": [ "Cash", "Consumer Spending", "Investments", "investors", "money market funds", "News", "PYMNTS News", "tariffs", "What's Hot", "Investments" ] } ] }