Wealthfront Corporation has confidentially filed for an initial public offering (IPO) in the United States, aligning with a recent surge in successful fintech IPOs. The company, known for its automated investment tools and artificial intelligence integration, aims to capitalize on improved investor sentiment despite ongoing concerns over market volatility.

Saphyre has raised $70 million in growth equity from FTV Capital to expand its AI-driven platform that automates financial workflows. The funding will support Saphyre's international growth, product development, and integration within the financial services sector, enhancing efficiency for over 75 global financial institutions.

AvidXchange has agreed to be acquired by TPG and Corpay for $2.2 billion, offering a 22% premium over its current stock price. The management team's decision to maintain an equity stake reflects confidence in future growth, while the deal is expected to provide more flexibility for aggressive long-term investments as a private company, despite the loss of public trading status for current shareholders.