Airwallex secured $320 million in a Series H funding round, raising its valuation to $11 billion, a 38% increase in six months. The Melbourne-founded fintech plans to use the funds to accelerate AI-powered financial software development and expand its global infrastructure and regulatory reach. It reported a 74% revenue increase to $1.3 billion and doubled transaction volume year-over-year. The company also introduced two AI-focused products, T:0 for automating corporate finance and Airi, a consumer wallet with advanced payment features. Despite scrutiny over its China ties, Airwallex emphasizes data security and aims to delay public listing to focus on AI innovation.
Stellar Pictures revealed five new Eastern fantasy drama series at the Tencent Video Annual Release Conference, including titles like The Melody of Love and Doomsday Special Affairs Department. The company is focusing on unique storytelling blending ...
XTransfer has signed a Memorandum of Understanding with BBVA to improve cross-border payment infrastructure across Latin America, Europe, and Hong Kong. This partnership aims to leverage technology like APIs and digital platforms to enable more autom...
Veteran auto analyst John Murphy launched Murphy Automotive Partners and its MAPP report forecasting US new car releases through 2031. The report highlights a deep 3-year product drought in the US market, with average vehicle age hitting a record hig...
Murphy Automotive Partners, led by veteran analyst John Murphy, launched MAPP™, a new research platform analyzing US auto product pipelines through 2031. The report highlights a severe short-term product development slump, a shift from pure electric ...
John Murphy, a veteran Wall Street auto analyst, launched Murphy Automotive Partners and its flagship product MAPP™, which forecasts the US vehicle pipeline through 2031. The report highlights a historic low in new model introductions, leading to an ...
