Swedish fintech startup Mynt, which provides an AI-powered platform for corporate cards and spend management for SMEs, raised €22 million ($23 million) in funding. This brings Mynt's total funding to around €50 million and values the company at approximately €200 million ($210 million).

Source: https://techcrunch.com/category/fintech/

Source: https://techcrunch.com/category/fintech/

CarDekho SEA, a Singapore-based auto financing platform, raised $60 million in equity, valuing the company at over $300 million. The funding will support expansion into Southeast Asia, focusing on used car and bike financing in Indonesia and the Philippines.

Source: https://techcrunch.com/category/fintech/

Cruise employees were informed by Slack message that General Motors (GM) plans to end funding for the self-driving car startup, absorbing it into GM and combining it with its own autonomous vehicle development efforts.

Source: https://techcrunch.com/category/fintech/

Joby Aviation, an eVTOL startup, has increased its public offering to $300 million for certification, manufacturing, and commercial launch preparations in 2025. The company will allocate funds for air taxi services in New York City and Los Angeles with Delta Airline partnerships.

Source: https://techcrunch.com/category/fintech/

Speak, an AI-powered language learning platform that focuses on speaking and listening skills, has raised $78 million in a Series C fundraise led by Accel, reaching a $1 billion valuation. The company uses AI to generate audio conversations and evaluate user responses. This follows a Series B extension of $20 million at a $500 million valuation.

Source: https://techcrunch.com/category/fintech/

General Motors is abandoning its pursuit of a commercial robotaxi business, opting to integrate Cruise with its own autonomous vehicle development efforts.

Source: https://techcrunch.com/category/fintech/

The Lucid Motors Gravity SUV has an official EPA range estimate of 450 miles, surpassing the previously cited 440-mile estimate. The SUV starts at $94,900 and features advanced engineering for improved range.

Source: https://techcrunch.com/category/fintech/

Google announced its new quantum chip, Willow, which performed a computation in under five minutes that would take today's fastest supercomputers 10 septillion years. Google claims this indicates the existence of parallel universes in a multiverse.

Source: https://techcrunch.com/category/fintech/

Amazon has launched Amazon Autos, an e-commerce platform allowing customers to find, order, and buy new cars, trucks, and SUVs from dealerships, initially available in 48 US cities with Hyundai.

Source: https://techcrunch.com/category/fintech/