Sofia Chesnokova

1 week ago | techfundingnews.com | Sofia Chesnokova

Traditional banks and fintech companies often struggle to incorporate financial features into their offerings due to legacy systems and fragmented infrastructure. BKN301 solves this through a unified API gateway that connects core banking systems, payment processors, and third-party services, enabling seamless integration without disrupting existing operations.

1 week ago | techfundingnews.com | Sofia Chesnokova

Revolut, the UK-based financial super app with over 50 million customers worldwide, is entering the rewards-based credit card sector — a market long dominated by American Express in Europe. Recent reports indicate that Revolut is developing a points-based credit card using its proprietary RevPoints system, which could challenge American Express’s dominance in the premium card category.

1 week ago | techfundingnews.com | Sofia Chesnokova

UK Chancellor Rachel Reeves’s recent £400 million commitment to defence tech signals a pivotal shift in Britain’s defence industrial policy. Unveiled at her Spring Budget on March 26, 2025, this funding aims to establish the UK as a significant player in the global defence industry, responding to evolving global security challenges and potentially positioning the UK as a ‘defence industrial superpower’ by 2025.

2 weeks ago | techfundingnews.com | Sofia Chesnokova

Mira Murati’s latest AI venture, Thinking Machines Lab, has generated significant buzz in the tech investment sector with its $2 billion seed funding target. This ambitious goal marks an unprecedented fundraising effort and signals a potentially rebellious phase in the artificial intelligence field. As the former Chief Technology Officer of OpenAI and a key architect behind ChatGPT and DALL-E, Murati brings exceptional credentials to her entrepreneurial venture.

2 weeks ago | techfundingnews.com | Sofia Chesnokova

The market struggles with traditional application monitoring tools due to their high cost, complexity, and inefficiency. These tools often lack scalability, detailed insights, and seamless observability for modern cloud-native environments. groundcover addresses these challenges using eBPF technology to provide lightweight, cost-effective, full-stack observability with zero-code instrumentation, ensuring efficient monitoring at scale without compromising performance or data privacy.