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Aleph Emerges from Stealth with $16.7M to Build Next-Gen Financial Planning and Analysis Platform

NEW YORK--(BUSINESS WIRE)--Oct 24, 2023--

Spend management space sees a large raise, and layoffs, in the same week

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Payments Fintech Ansa Secures $5.4M To Make Significant Impact On Micro Transactions

Spend management space sees a large raise, and layoffs, in the same week

Spend management stays hot, and crowded. And are layoffs at fintech-focused VC firm Anthemis 'a sign of what's to come'?

Ansa Emerges from Stealth With $5.4M to Make a Big Impact on Small Payments

Ansa Raises $5.4M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Founded by Adyen and Affirm alums, Ansa aims to help merchants create virtual wallets for customers

Bain Capital Ventures led Ansa's $5.4 million seed round, which included participation from angels such as Plaid CEO Zach Perret.

Skeptical investors worry whether advances in AI will make money

Many VCs express caution, put off not only by eye-watering valuations, but also the huge amount of capital AI groups require as they build ‘foundation models’

Skeptical investors worry whether advances in AI will make money

Investors are caught between excitement over AI and a broader tech downturn that has led to falling investment in startups. Read more.

Bain Capital Ventures Closes Two Funds, Totalling $1.9 Billion

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!