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    • Campfire Raises $35 Million for AI-Driven ERP System for Startups
      Campfire raised $35 million in a Series A funding round to continue building its artificial intelligence (AI)-driven enterprise resource planning (ERP) system that is designed to support companies from startup through initial public offering (IPO). [contact-form-7] The company will use the new funding to fuel product development, investments in generative AI and expanded reach to […]
    • Tailor Raises $22 Million for Headless ERP Platform for Retailers
      Tailor raised $22 million in a Series A funding round to support its headless enterprise resource planning (ERP) platform designed for retail businesses. [contact-form-7] The company will use the new funding to support its U.S. go-to-market expansion, ongoing product development and strategic partnerships and customer success investment in Japan, it said in a Tuesday (July […]
    • Perplexity Launches $200-a-Month Subscription Tier Promising ‘Limitless AI Productivity’
      Perplexity has launched a $200-a-month or $2,000-a-year subscription tier called Perplexity Max. [contact-form-7] The new subscription plan includes all the features of the $20-a-month or $200-a-year Perplexity Pro and adds unlimited access to artificial intelligence (AI) models in Perplexity Research and Labs, unlimited queries to its Perplexity Labs productivity tool, early access to new products […]
    • AI Agents Do Well in Simulations, Falter in Real-World Shopkeeping Test
      In a bid to test whether artificial intelligence (AI) agents can operate autonomously in the real economy, Andon Labs and Anthropic deployed Claude Sonnet 3.7 — nicknamed “Claudiusâ€� — to run an actual small, automated vending store at Anthropic’s San Francisco office for a month. [contact-form-7] The results offer a cautionary tale: In simulations, AI […]
    • Report: Moove to Raise $1.2 Billion Ahead of Expansion in US
      African ride-hailing startup Moove is reportedly within weeks of finalizing an oversubscribed debt round in which it will raise $1.2 billion. [contact-form-7] The company will use the funding to roll out a fleet of autonomous vehicles with Waymo and expand in the U.S., Bloomberg reported Wednesday (July 2), citing unnamed sources. Asked about the report […]
    • NMEF Achieves Largest Quarter and First Half in Company History
      [July 2, 2025, NORWALK, CT] – North Mill Equipment Finance, LLC (“NMEFâ€�), a leading commercial equipment lessor located in Norwalk, Connecticut, today announced that it achieved the largest quarterly and first half origination volumes in its history. Originations hit a record $277 million in the second quarter, bringing first half 2025 production to an unprecedented […]
    • deBanked Celebrates 15 Year Anniversary
      deBanked celebrates its 15th anniversary this month. Launched in 2010 as a blog under the name Merchant Processing Resource, its original focus was on payments and merchant cash advances.The site went through several iterations and began transitioning to the name deBanked in the Fall of 2014. A look at the MCA content portal in 2010: […]
    • ACH, Wire, and Soon Stablecoin Transfers?
      “Many of the users out there today are not aware of stablecoins, or not interested in stablecoins, and they should not be,â€� said Jose Fernandez da Ponte, PayPal’s SVP of blockchain, crypto and digital currencies to CNBC. “It should just be a way in which you move value, and in many cases, is going to […]
    • The Story of a Debt Relief Scammer
      Listen to this podcast that tells the story of how a scammer purporting to offer debt relief crushed small businesses and haunted an entire financial services industry in the process. Names are changed but it’s based on true events.
    • Debt Resolution Exec and Factoring SVP Discuss the MCA “Problem”
      Adam Duso of Second Wind Consultants and Curtis Powell of nFusion Capital joined a call with Michael Toglia of ABL Advisor to discuss the problem of dealing with merchant cash advances. If you were curious to hear a perspective from their points of view, you can watch the interview here. In related news, nFusion Capital’s […]