Tuesday, September 5, 2023

Israeli payments company ThetaRay, which uses AI to monitor financial transactions, raised $57M led by Portage, taking its total funding to $148M (Globes Online)

Globes Online:
Israeli payments company ThetaRay, which uses AI to monitor financial transactions, raised $57M led by Portage, taking its total funding to $148M  —  The investment will allow ThetaRay to capitalize on significant market demand as banks and fintech companies look to replace legacy tools …



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Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings (Marilen Martin/Bloomberg)

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