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Trump vs. Musk sparks memecoin frenzy as KBBB rallies to $53m market cap

A heated feud between Musk and Trump spawned KILL BIG BEAUTIFUL BILL, a memecoin that hit a market cap of over $53 million as traders piled into the hype. The feud between the two powerhouses has been simmering for weeks, but it finally boiled over after Musk publicly broke away from the Department of Government … Read more

AI video startup Moonvalley lands $53M, according to filing

Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, said it secured $43 million in new funding, the company has raised more, according to a filing with the SEC. The filing, submitted Thursday, reveals that Moonvalley actually landed (so far) around $53 million total from a group of 14 unnamed … Read more

Krafton leads Cashfree’s $53M funding at $700M valuation

Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new round of funding as it gears up to deepen its presence in some international markets. Krafton, maker of sleeper hit titles such as PUBG and BGMI, led Cashfree’s Series C … Read more

LemFi moves remittances further into Asia and Europe with $53M in new funding

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance … Read more

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