Behavox has successfully raised $175 million in preferred equity from HPS Investment Partners, the private credit firm recently acquired by BlackRock for $12 billion. This capital injection will be used to enhance Behavox’s integrated AI-driven compliance platform and support strategic acquisitions. This marks the company's first equity fundraising round in six years. Additionally, Behavox has fully repaid its previous debts as part of this agreement.
A major Canadian pension fund is set to acquire an 8.2% stake in CtrlS, a leading technology company that manages over 15 data centers across India, fueling the country's growing AI-powered data infrastructure.
After a decade of operations and around 80 investments, PayPal Ventures, the corporate venture capital division of PayPal, has officially shut down as part of the company's ongoing restructuring efforts.
Flutterwave, an African company specializing in payments infrastructure, has achieved a valuation of $3.2 billion. This milestone comes alongside an investment and partnership with the blockchain company Ripple, enhancing Flutterwave's position in the fintech ecosystem.
Nuvei plans to acquire Payoneer in a transaction valued at $2.75 billion, aiming to expand its presence in the complex cross-border payment landscape. This strategic move will enable Nuvei to access new markets more effectively, according to the company.
In this episode of the Me, Myself, and AI podcast, Bernard Hampton, head of Bank of America's Academy, discusses the banking giant’s comprehensive strategy to prepare over 200,000 employees for an AI-driven future. Hampton highlights the Academy's focus on blending technical skills with essential human qualities like empathy and judgment to cultivate workforce agility. He explains a three-tiered AI adoption approach tailored to different roles, ensuring employees become proficient in AI while retaining human oversight. Hampton also shares how AI-powered interactive simulations help employees practice real-world scenarios to enhance client service and decision-making skills. The conversation touches on the importance of internal upskilling, thoughtful AI deployment in a regulated industry, and fostering curiosity and continuous learning to stay relevant in a rapidly evolving landscape.
Startups are aiming to capitalize on the momentum created by the SpaceX IPO, hoping to attract investors riding the wave of public market enthusiasm.
Artificial intelligence has long been touted as a game-changer in asset management, and in 2026, its impact is becoming clear. FINQ's AI-managed ETFs, which use a fully automated, continuously learning model for portfolio management instead of human judgment, have started to outperform traditional funds since their launch on February 5, 2026, on the NYSE. This development highlights the growing potential of AI to revolutionize how investment portfolios are constructed and managed.
Finnish quantum computer manufacturer IQM Quantum Computers has added Barbara Venneman, a current Vanguard board member, to its board as it nears the pioneering Nasdaq listing for a European quantum computing firm. Venneman brings extensive investment management expertise from Vanguard, positioning IQM strongly for this major milestone.
With $17.1 billion in revenue, 99.9 million customers, and $6.5 billion in profit, Black Banx is emerging as one of the most anticipated fintech IPOs set to debut on NASDAQ.
