Startups are often questions: What if we did things in a new way, instead of the way we have been? Massive is a good example of the genre: What if users could pay for apps or services not with money or attention, but with their spare compute power? The general concept of distributed compute power […]
Productfy raises $16M to build the ‘Shopify of embedded finance’
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […]
AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures
“Conversational AI” startup PolyAI, based out of London, has raised $14 million in a funding round led by Silicon Valley’s Khosla Ventures, with participation from existing investors (Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First). This follows their $12 million Series A, and will provide resources for further U.S. expansion beyond […]