Guangzhou Bank Rolls Out Loans Priced by AI Token Usage
Guangzhou banks now set credit limits by AI token usage under a new 'Token Loan' program, with a 28 million yuan pilot in Haizhu District.
Fintech News and Analysis
5 verified stories covering Fintech, product updates and industry developments.
Nesto raises 300 million Canadian dollars for AI mortgages
Nesto is putting fresh capital into mortgage automation, showing how fintech lenders are using AI to compress paperwork and underwriting.
Ramp hits $44 billion valuation on AI spending controls
Ramp raised $750 million as investors bet that AI agents will become a new class of corporate spenders needing cards, controls and token-cost visibility.
AlphaSense Hits $7.5 Billion Valuation With $600 Million in ARR
The market-intelligence AI company raised $350 million as investors reward a business already selling workflow software to large enterprises.
Mercury Raises $200M at $5.2B Valuation After Securing Bank Charter
Mercury completed a $200 million funding round at a $5.2 billion valuation, up 49% in 14 months, after receiving preliminary approval for a national bank charter from the OCC.