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Eric Schmidt
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- 1Mastercard, Sandberg and Schmidt Back Small-Business Finance Platform▼Mastercard, Sheryl Sandberg, Eric Schmidt Back Small-Business Finance Platform
Mastercard, former Meta executive Sheryl Sandberg and former Google CEO Eric Schmidt are investing in a finance platform serving small businesses, according to Forbes. The backing from a major payments company and two of tech's most prominent figures signals growing investor interest in lending and financial tools aimed at small firms, an area often underserved by traditional banks.
- 2
Mona, an AI startup, has raised $3.5 million in new funding, according to a report by FinSMEs. The news has drawn searches around former Google CEO Eric Schmidt, who is widely known for backing early-stage artificial intelligence ventures. Details on who led the round or what Mona plans to do with the capital were not provided in the report.