Rillet, a two-year-old startup building an AI-native accounting platform, raised $100 million in Series C funding at a $1 billion valuation. The funding round was completed in just 48 hours following a routine board meeting that triggered an extraordinary investor rush.
Visa announced it will purchase Israeli behavioral biometrics company BioCatch for $2.4 billion in cash from Permira and other investors, marking the payment giant's largest cybersecurity acquisition as it seeks to combat rising AI-powered fraud and scams.
Robinhood Markets reported second quarter 2026 revenues of $1.31 billion, up 32% year-over-year, with diluted earnings per share rising 48% to $0.62. The trading platform also recorded $22 billion in net deposits and reached 4.8 million Gold subscribers.
