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Funding Revolut Alumni Raise $6M for Palm-Scan Biometric Payments Startup Funding Surveillance Firm Hawkeye 360 Raises $416M in IPO Market SoftBank Shares Surge 16% as Japan Tech Rally Lifts Nikkei 225 to Record Highs Market Big Tech cannot afford to be cheap on AI spending, says Cramer Market Arm Profits as Smartphone CPU Demand Climbs; Royalties Up on Renewed Phone Cycle Market Anthropic reports 80-fold Q1 growth, cites compute constraints Market DoorDash Surges 14% on Q1 Beat; Raises Guidance on Order Growth Market Snap Issues Cautious Guidance as Perplexity Deal Ends; Middle East Tensions Cited Breaking Xbox CEO discontinues Copilot for Gaming; brings CoreAI veterans into leadership Chips PCI-SIG reveals PCIe 8.0 spec with 1 TB/s bandwidth and new connectors Market Market Rotation: Investors Shift From Microsoft to Flashier AI Stocks Chips Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows Chips NVIDIA invests $300M in Corning for US optical fiber production; capacity to surge 50%+ Breaking Founder-Associate title emerges as fast-track career move for technical talent Market Adorned with AI stock rebounds after sell-off; traders bet on recovery momentum Market Cummins raises guidance on AI data center demand, citing power infrastructure strength Market Anthropic, SpaceX announce compute partnership; includes satellite-linked data-center capacity Breaking LinkedIn unifies hiring, payroll, skills data into AI-driven talent platform Funding Venture investors revise early-stage AI startup evaluation criteria amid founder-less teams Research IEEE identifies 10 key technology enablers for next-generation 6G wireless standards Funding Revolut Alumni Raise $6M for Palm-Scan Biometric Payments Startup Funding Surveillance Firm Hawkeye 360 Raises $416M in IPO Market SoftBank Shares Surge 16% as Japan Tech Rally Lifts Nikkei 225 to Record Highs Market Big Tech cannot afford to be cheap on AI spending, says Cramer Market Arm Profits as Smartphone CPU Demand Climbs; Royalties Up on Renewed Phone Cycle Market Anthropic reports 80-fold Q1 growth, cites compute constraints Market DoorDash Surges 14% on Q1 Beat; Raises Guidance on Order Growth Market Snap Issues Cautious Guidance as Perplexity Deal Ends; Middle East Tensions Cited Breaking Xbox CEO discontinues Copilot for Gaming; brings CoreAI veterans into leadership Chips PCI-SIG reveals PCIe 8.0 spec with 1 TB/s bandwidth and new connectors Market Market Rotation: Investors Shift From Microsoft to Flashier AI Stocks Chips Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows Chips NVIDIA invests $300M in Corning for US optical fiber production; capacity to surge 50%+ Breaking Founder-Associate title emerges as fast-track career move for technical talent Market Adorned with AI stock rebounds after sell-off; traders bet on recovery momentum Market Cummins raises guidance on AI data center demand, citing power infrastructure strength Market Anthropic, SpaceX announce compute partnership; includes satellite-linked data-center capacity Breaking LinkedIn unifies hiring, payroll, skills data into AI-driven talent platform Funding Venture investors revise early-stage AI startup evaluation criteria amid founder-less teams Research IEEE identifies 10 key technology enablers for next-generation 6G wireless standards
Funding

Revolut Alumni Raise $6M for Palm-Scan Biometric Payments Startup

Former Revolut employees secured $6 million in funding for a biometric payments startup focused on palm-vein and contactless authentication. The round reflects growing fintech investor interest in friction-free payment auth where camera or sensor-based identity replaces card / PIN workflows.

Palm-scan technology lowers fraud and chargebacks by tying payments to immutable biometrics, appealing to card networks and merchants. The funding validates a market shift toward frictionless commerce where blockchain-adjacent identity verification and passwordless payment rails gain adoption in emerging markets with less legacy payment infrastructure.

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