Anita Ramaswamy

Four-month-old Doppel is helping some of the biggest NFT projects spot scams

As NFTs have gained popularity, so, too, has NFT fraud. Copycats can quite easily upload images to an NFT marketplace, mint them and sell them to customers for profit without verifying that those images are their own...

Sardine’s algorithm helps crypto and fintech companies detect fraud

It’s a great time to be in the fraud detection business in crypto and fintech. Crypto in particular has faced some high-profile scams recently, and many companies operating within the ecosystem are beefing up their...

WTF is .xyz?

If you’ve visited a crypto company’s website recently, you’ve probably visited a URL ending in “.xyz” instead of its cheugier counterpart, .com. From fintech Block, formerly known as Square, to venture firm...

Factor raises seed round to streamline an overlooked part of the supply chain

The “last mile” in the supply chain has gotten lots of attention during the pandemic. Even e-commerce giants like Amazon have struggled to surmount the challenges of distributing product fast enough to keep up with...

Arch nabs $5.5M to aggregate private market data for investors

More capital has been raised in the private markets than the public markets for over a decade, and this staggering growth has shown no signs of slowing. As private investment booms, companies are developing new tools to...

Visa hopes its new crypto consulting arm will help it become cooler than its competition

The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients and partners under its Visa Consulting...

Hummingbird lands $30M to bring design thinking to anti-money laundering investigations

Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that it raised a $30 million Series B led by new investor Battery Ventures. Existing investors Flourish and Homebrew also...

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...

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...

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...

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...

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...

RBC Capital Markets and Guggenheim Securities just announced the latest junior banker raises on Wall Street amid a battle to hang onto young talent

Two investment banks are joining the bevy of financial-services firms rolling out special perks and raises to hang onto junior talent. After a year of heavy deal flow and the added headache of doing it all from home,...

Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger Global

HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon. HoneyBook HoneyBook, a fintech platform for freelancers, raised $155 million in funding and became a unicorn. Tiger Global and Durable Capital Partners...

Charles Schwab is creating work 'families' to help its 400 remote interns make the most of their experience this summer (SCHW)

Brokerage giant Charles Schwab, which holds some $7 trillion in client assets, will host its internship program virtually again this summer, a spokesperson for the firm told Insider. The nine-week Schwab Intern...

Must-know promotions, exits, and hires at firms like Wells Fargo, Credit Suisse, and Citi

Here's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone? Let us know. Wells Fargo lost three key executives this week. Wells Fargo's private wealth head, Julia Wellborn,...