About Karen Joy
Karen Joy Bacudo
Finance Editor
Karen wears two hats at TechDay, balancing her role as an editor while assisting with finance tasks. She bridges writing content and reconciling numbers to support the team, with the same level of accuracy and precision.
Stories by Karen Joy - Page 10
Wealthfront hits record revenue but swings to heavy loss
Last month
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fintech
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ipo
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financial results
Wealthfront posts record revenue and assets but plunges to GAAP loss after IPO-linked stock-based pay drives expenses sharply higher.
AI-fuelled crime drives illicit funds to $4.4 trillion
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fintech
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phishing
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email security
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
Bitcoin Depot unveils ReadyBucks for US gig workers
Last month
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fintech
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risk & compliance
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payment technologies
Bitcoin Depot debuts ReadyBucks, offering USD $500-$2,000 online cash advances to US gig workers and small firms across nine states.
Cryptio raises USD $45m to scale digital asset ERP tools
Last month
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fintech
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blockchain
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financial systems
Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
Modern Treasury joins Mastercard crypto partner push
Last month
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crypto
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fintech
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blockchain
Modern Treasury joins Mastercard's Crypto Partner Program to power fiat-crypto on/off-ramps and cross-border blockchain payment flows.
BackOps secures USD $26m to automate logistics chains
Last month
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uc
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digital transformation
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cx
BackOps secures USD $26m Series A to scale AI-driven logistics tools that automate exception handling and cut manual supply chain work.
Fairview selects Workday to modernise HR, finance, supply
Last month
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digital transformation
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hcm
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rpa
Fairview selects Workday to overhaul HR, finance and supply chain in a multi-year move to a single AI-enabled operations platform.
Aon pilots stablecoin premium payments with Coinbase, Paxos
Last month
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crypto
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fintech
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blockchain
Aon pilots stablecoin insurance premium payments with Coinbase and Paxos, testing USDC and PYUSD settlement across Ethereum and Solana.
Tower raises USD $6.4m to bring AI data and code to production
Last month
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saas
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siem
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martech
Tower raises USD $6.4m to help data teams turn AI-generated code into reliable production pipelines on an Apache Iceberg-based platform.
Finastra adds real-time AI fraud checks to payments
Last month
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saas
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crypto
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fintech
Finastra is embedding FraudAverse's AI-driven fraud checks into its Financial Messaging platform to secure real-time global and instant payments.
RedotPay expands global crypto payments with new licences
Last month
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crypto
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fintech
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risk & compliance
RedotPay wins new Canada, US and Argentina licences as it builds a global crypto payments hub and expands stablecoin-based services.
Payoneer, FundPark launch eCommerce credit for sellers
Last month
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fintech
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martech
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commerce systems
Payoneer teams with FundPark to offer Hong Kong eCommerce sellers AI-driven credit lines of up to USD $10 million via integrated accounts.
PixVerse hits unicorn status with record AI video round
Last month
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digital transformation
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e-learning
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rpa
AI video platform PixVerse becomes a unicorn after a record Asia Series C funding round valuing the company at over USD $1 billion.
Wonderful raises USD $150m to scale global AI agents
Last month
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digital transformation
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erp
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ai
Wonderful secures USD $150m Series B at a USD $2bn valuation to scale its agentic AI platform and triple headcount for global expansion.
Gumloop raises USD $50m to scale workplace AI agents
Last month
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saas
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uc
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data protection
Gumloop secures USD $50m Series B to scale workplace AI agents, deepen security tools and court larger enterprise customers.
Plaid, Perplexity launch AI-powered portfolio tool
Last month
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fintech
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risk & compliance
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genai
Plaid and Perplexity debut Portfolio, an AI tool that links brokerage accounts for personalised, conversational investment insights.
Stake raises USD $8m, buys UMoveFree to grow renter tech
Last month
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fintech
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ai
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m&a
Stake raises USD $8m and buys UMoveFree and Lighthouse to build an AI-driven renter network spanning search, leasing, rewards and banking.
Diligent launches AuditAI to streamline internal audits
Last month
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data analytics
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digital transformation
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rpa
Diligent unveils AuditAI, an agentic AI suite that cuts audit admin by up to 70% while turning board-level risk signals into concrete actions.
Replit raises USD $400m, hits USD $9bn AI valuation
Last month
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data analytics
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digital transformation
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martech
Replit secures USD $400m funding, lifting its valuation to USD $9bn as it bets on AI coding agents and rapid global expansion.
AI leaders lack rules & data to scale finance tools
Last month
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manufacturing
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data analytics
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digital transformation
AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.