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Israeli fintech firm Rapyd has acquired European fintech PayU from Prosus for approximately $610 million, following regulatory approval from seven authorities. To finance the deal, Rapyd raised $500 million, resulting in a valuation of around $4.5 billion, down from $10 billion in 2021. With this acquisition, Rapyd will operate in over 100 countries, offering more than 1,200 payment methods and holding financial permits in 41 nations.
Israeli fintech firm Rapyd has acquired European fintech PayU from Prosus for approximately $610 million, following regulatory approvals from seven authorities. To finance the deal, Rapyd raised $500 million, resulting in a valuation of around $4.5 billion, down from $10 billion in 2021. With this acquisition, Rapyd will operate in over 100 countries, offering more than 1,200 payment methods and holding financial permits in 41 nations.
The US State Department has reinstated the Foreign Terrorist Organization designation for Yemen's Houthi group, aiming to disrupt their financing and curb Iran's influence in the region. This move allows for asset freezes and military actions against the Houthis, while also complicating humanitarian aid delivery. The decision reinforces support for US allies and seeks to hold Iran's proxies accountable, though it risks escalating tensions with Iran and complicating diplomatic relations.
Cybersecurity firm Pentera has secured $60 million in a Series D funding round, marking its first raise since early 2022. Led by Evolution Equity Partners and supported by Farallon Capital Management, this round brings the total capital raised to $250 million. Founded in 2015, Pentera specializes in automated penetration testing and plans to use the new funds to expand in the US market and explore mergers and acquisitions.
Cybersecurity firm Pentera has secured $60 million in a Series D funding round, marking its first raise since early 2022. Led by Evolution Equity Partners and supported by Farallon Capital Management, this round brings the total capital raised to $250 million. Founded in 2015, Pentera specializes in automated penetration testing and plans to use the new funds to expand in the US market and explore mergers and acquisitions.
QuamCore, an Israeli startup, has emerged from stealth with $9 million in seed funding to revolutionize quantum computing scalability. Its patented superconducting quantum processor architecture enables the integration of 1 million qubits into a single cryostat, significantly reducing size, energy consumption, and costs, while paving the way for practical applications across various industries. The company aims to overcome traditional scaling challenges, fundamentally reshaping the economics and accessibility of quantum technology.
QuamCore has emerged from stealth with $9 million in seed funding to revolutionize quantum computing scalability. Its patented superconducting quantum processor architecture enables the integration of 1 million qubits into a single cryostat, drastically reducing size, energy consumption, and costs, while paving the way for practical applications across various industries. The company aims to overcome traditional barriers in quantum computing, making large-scale, fault-tolerant systems a reality.
Israeli cybersecurity startup Sola has emerged from stealth mode, securing $30 million in seed funding co-led by S Capital and Mike Moritz. Founded by Guy Flechter and Ron Peled, Sola aims to simplify cybersecurity through a low/no-code platform tailored for smaller teams, enabling users to create customized security applications with ease. The funding will support the platform's development amid advancements in AI and big data.
Israeli cybersecurity startup Sola has emerged from stealth mode, securing $30 million in seed funding co-led by S Capital and Mike Moritz. Founded by Guy Flechter and Ron Peled, Sola aims to simplify cybersecurity through a low/no-code platform tailored for smaller teams, enabling users to create customized security applications with ease. The funding will support the platform's development amid advancements in AI and big data.
Cybereason, a cybersecurity firm valued at $5 billion, has secured $120 million in funding led by SoftBank Corp. and Liberty Strategic Capital amid financial challenges and internal disputes. The investment coincides with the appointment of Manish Narula as CEO, following Eric Gan's resignation over funding control issues. With this capital, Cybereason aims to stabilize operations and enhance its core cybersecurity offerings.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Rapyd acquires PayU for 610 million dollars raises 500 million in funding
07:00 14.03.2025
Rapyd acquires PayU for 610 million dollars raises 500 million in funding
07:00 14.03.2025
us reinstates houthi terrorist designation to combat regional instability and violence
05:13 13.03.2025
Pentera secures 60 million dollars in series D funding round
03:15 13.03.2025
Pentera secures 60 million in series D funding for growth expansion
03:15 13.03.2025
quamcore secures 9 million seed funding to revolutionize quantum computing scalability
02:12 13.03.2025
quamcore secures 9 million seed funding to revolutionize quantum computing scalability
02:12 13.03.2025
Israeli cybersecurity startup Sola secures 30 million dollars in seed funding
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06:00 12.03.2025
Israeli cybersecurity startup Sola secures 30 million dollars in seed funding
06:00 12.03.2025
Cybereason secures 120 million funding amid leadership changes and challenges
04:45 12.03.2025
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