Will banks get in on the prediction market gold rush?
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Grasshopper launches AI-based treasury investment service
Grasshopper Bank has launched a new AI-powered treasury management offering. The New York City-based digital-only bank announced its treasury investing launch, developed in partnership with corporate robo-adviser Waldo, on Tuesday. The offering seeks to help Grasshopper’s business banking clients access treasury portfolios through the bank’s digital platform directly. Read more here.
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Climate First secures $67 million in latest funding round
Climate First Bancorp, which specializes in financing clean-energy production, closed a $67 million funding round, marking its first capital infusion from institutional investors and bringing its total funding to $222 million. Read more here.
Huntington reports strong returns from its Texas strategy
Pagaya accuses Klarna of stealing subprime lending model
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