Fintech Olympiad

Fintech Olympiad

2/27/2025, 4:52:29 PM

Paytm partners with Perplexity AI to enhance in-app search capabilities 🔎 Paytm, led by Founder and CEO Vijay Shekhar Sharma, has partnered with San Francisco-based Perplexity AI, co-founded by Aravind Srinivas in 2022, to integrate AI-powered search features into its app. 🔎 This collaboration aims to provide users with real-time insights into financial decisions, market trends, and everyday queries in local languages, enhancing digital accessibility and financial literacy. 🔎 Perplexity AI specializes in delivering fast, citation-backed search results, leveraging expertise from former members of OpenAI, Meta, Quora, Bing, and Databricks.

Fintech Olympiad

2/28/2025, 12:09:34 PM

Bitwise Asset Management secures $70M to expand crypto investment solutions 🔎 Bitwise Asset Management, founded in 2017 by Hunter Horsley, raised $70 million in a round led by Electric Capital, with backing from Blockchain Coinvestors, Highland Capital, Khosla Ventures, and others. 🔎 Bitwise offers 32 investment solutions, including index funds, Bitcoin ETPs, multi-strategy products, and on-chain staking, serving over 5,000 institutional clients across Europe and the US. 🔎 In 2024, Bitwise grew client assets to $12 billion. The new funds will strengthen its balance sheet and enhance investment solutions. Currently at 100 employees, the firm plans to expand to 130 this year.