ZUG, SWITZERLAND, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Nevermined, the leading provider of AI payment infrastructure for AI-to-AI transactions, today announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The round was led by Generative Ventures, with participation from Polymorphic Capital, NEAR, Halo Capital, Factor Capital, Lyrik Ventures and Arca. In addition, the round includes investment from notable AI luminaries, namely Dav ...

Financial technology (fintech) is a fast-growing segment of the broader financial sector, and revenue generated by companies in this space could be massive. Estimates from BCG put the global fintech market at $1.5 trillion in sales by 2030.That's just an estimate, of course, but it's a good indicator of why companies are competing to be on the cutting edge of new fintech services. Two such companies that are already in a good position to benefit as fintech grows are Sofi Technologies (SOFI -2.41%) and PayPa ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.My very first article on PayPal Holdings, Inc . (NASDAQ: PYPL ) came out in late January 2024 with a "Strong Buy" rating; after that, I published another 3 bullish articles on the stock reaffirmingHe leads the investing group Beyond the Wall Investin ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Online influencers who make money off promoting products online are getting played by one of Silicon Valley's iconic technology companies, a new lawsuit claims. "It involves almost every high-profile creator that I can think of, including myself," tech influencer Marques Brownlee, who has almo ...

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535m investment program to Black and Hispanic applicants, costing her millions of dollars.Thursday’s complaint by Nisha Desai and her New York-based venture capital firm Andav Capital is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.Born to and raised by immigrant parents in the deep south, Des ...

PayPal is being sued by the founder of venture firm Andav Capital, who claims she was excluded from the payment giant’s diversity and equity program because she is Asian, according to a suit filed this week. In 2020, PayPal made a $530 million commitment to support more Black and minority-led businesses in the wake of Black Lives Matter. Nisha Desai, the founder of Andav Capital, claims in the newly filed lawsuit that she applied to be considered for the financial commitment but was overlooked because she i ...

Content creators have filed two lawsuits against PayPal over its Honey browser extension.The creators allege Honey took some of their potential affiliate earnings by improperly claiming credit on sales.Honey disputes the allegations in the lawsuits and said it would defend against them vigorously.Influencers are suing financial giant PayPal in two class-action lawsuits filed this week. The content creators separately alleged that the company's browser extension Honey, which searches for coupons around the w ...

The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. PayPal (PYPL -1.45%) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (SOFI -3.74%) is an app-based bank with tremendous momentum.However, these are two very different businesses. Here's a rundown of the bull cases for both stocks and what ...

The latest trading session saw Paypal (PYPL) ending at $88.14, denoting a -0.12% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.04%. Meanwhile, the Dow gained 0.07%, and the Nasdaq, a tech-heavy index, lost 0.05%.Heading into today, shares of the technology platform and digital payments company had gained 1.94% over the past month, lagging the Computer and Technology sector's gain of 5.93% and outpacing the S&P 500's gain of 1.05% in that time.Market participants will ...

It appears that my previous bullish call on PayPal (NASDAQ: PYPL ) was nicely timed as the stock rallied by 23% since late August. The stock still boasts a 4.90 Strong Buy Quant rating , andAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and actively seek out opportunities that align with my risk-taker mindse ...