Ant International, an affiliate of Chinese fintech giant Ant Group, has raised approximately US$1.2 billion in a Series A funding round. The Singapore-based company, backed by Ant Group and Alibaba, plans to use the capital to accelerate global expansion and drive innovation in merchant payments and financial services.
Venice AI, founded by Erik Voorhees, has secured $65 million in Series A funding, reaching a $1 billion valuation. The company focuses on privacy-preserving AI interactions, offering a proxy to obscure user data from AI models and plans to use the capital to expand infrastructure and customer base.
Trace Finance, a financial infrastructure company connecting Brazil and the US to stablecoin networks, secured $32 million in Series A funding led by CoinFund. The investment aims to expand its services into new Latin American markets, the US, and Asia-Pacific.
Trace Finance, a company connecting Brazilian and US banks to stablecoin networks, secured $32 million in Series A funding led by CoinFund. The investment will fuel expansion into new Latin American markets, the US, and Asia-Pacific, as Brazil reclassifies crypto transfers.
