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Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is…

Zeta valued at $2B in new funding

Zeta valued at $2B in new funding

Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised…

Saudi’s BRKZ closes $17M Series A for its construction tech platform

Saudi’s BRKZ closes $17M Series A for its construction tech platform

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced. To address this, BRKZ, a Riyadh-based construction tech startup…

AI pioneer Fei-Fei Li says AI policy must be based on ‘science, not science fiction’

AI pioneer Fei-Fei Li says AI policy must be based on ‘science, not science fiction’

In Brief Posted: 9:56 AM PST · February 8, 2025 Image Credits:Kimberly White / Getty Images Fei-Fei Li, the Stanford computer scientist and startup founder sometimes known as “the Godmother of AI,” has outlined “three fundamental principles for the future of AI policymaking” ahead of next week’s AI Action Summit in Paris. First, Li said…