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Irish virtual sports giant’s new startup bets big on rugby in bid for US market share

A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. American Sports Exchange (ASX Sports), just signed a deal with New Zealand digital media company RugbyPass to use its data to allow fans to participate in ASX’s virtual stock market for rugby games. ASX Sports launched in May 2021 and took its exchange live on the Apple and Android...

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Jiko announces partnership to launch a banking app for the transgender community

Jiko, a fintech startup that uses customer deposits to purchase short-term treasury bills, announced its first banking-as-a-service (BaaS) client today. It will partner with Euphoria, a technology suite for the transgender community that helps alleviate the struggles associated with gender transition, to launch a banking app called Bliss.  Between 2-6 million people in the United States identify as transgender, and 34% lack...

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PayZen secures $15M Series A for ‘care now, pay later’ healthcare platform

Healthcare costs in the U.S. are steadily rising, and the share patients must pay out-of-pocket has increased in tandem. Nearly one in three American households have delayed medical care due to its cost, per a 2019 Gallup poll.   PayZen, a healthcare fintech startup, raised $15 million in Series A funding for its solution that leverages artificial intelligence to underwrite patients’ medical debt, allowing them to access care and...

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Real estate marketing software provider Luxury Presence raises $25.9M in a Bessemer-led Series B

Luxury Presence, a startup selling marketing software to real estate brokerages, announced today it has raised $25.9 million for its Series B round. Bessemer Venture Partners led the round alongside fellow existing investors Toba Capital and Switch Ventures. Former Dallas Mavericks basketball player Dirk Nowitzki also participated in the round (making his first-ever institutional investment), along with other angel investors.  The Los...

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Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor

Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price.  The round brings the company’s valuation to $4.5 billion, up from $1.3 billion this March when it raised $100 million for its Series D. Its new valuation makes Socure the highest-valued private company in the identity verification space, according to...