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Orion, which has developed an AI platform to replace data loss prevention tools, raised a $32M Series A led by Norwest, bringing its total funding to $38M (Meir Orbach/CTech)

Meir Orbach / CTech : Orion, which has developed an AI platform to replace data loss prevention tools, raised a $32M Series A led by Norw...

5 September 2024

Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app (Bloomberg)

Bloomberg:
Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app  —  - Second-quarter profits doubled from year ago on lending surge  — Analysts raised questions over high defaults, lower provisions

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