Topic
Fintech
60 stories related to this topic, newest first.
thehindubusinessline.comtechnology1 hr ago
Meta replaces WhatsApp head Will Cathcart with Kunal Shah and invests $900 million in his startup Cred
Meta announced Monday that Will Cathcart is stepping down as head of WhatsApp after more than seven years. Kunal Shah, founder of Cred, will succeed him. Meta is investing $900 million in Cred as part of the transition.
coindesk.combusiness4 days ago
Coinbase Unveils Derivatives, Tokenized Stocks and AI Tools at New York Event
Coinbase presented new products in derivatives, tokenized assets, stablecoin payments, lending and artificial intelligence during its June 17 System Update event in New York.
pymnts.comfinance5 days ago
Startup Raises $15 Million for WhatsApp-Based Credit Card Targeting Non-U.S. Clients
Miami-based Karta announced a $15 million Series A funding round and a $125 million debt facility. The company is developing a premium Visa card accessible primarily through WhatsApp for international clients holding assets in U.S. banks.
CoinDeskbusiness6 days ago
Ripple invests in Flutterwave as company valued at $3.2 billion in Series E round
The investment will integrate Ripple's RLUSD stablecoin and XRP Ledger into Flutterwave's network for cross-border payments across Africa. Flutterwave said the round values the company at $3.2 billion.
forbes.combusiness6 days ago
SoFi Stock Falls Nearly 50% Since November After Rising to Nearly $40 Billion Valuation
SoFi shares have dropped sharply as investors question its accounting methods and growth prospects. A March report from Muddy Waters added to the pressure on the digital lender.
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ndtv.combusiness6 days ago
Robinhood to Cut 10% of Workforce, About 290 Roles
The trading platform said it will reduce headcount and close open roles while recognizing $28 million in restructuring charges in the second quarter.
Benzingafinance6 days ago
PayPal Shares Rise After Michael Burry Increases Stake, Despite Years of Decline
PayPal Holdings Inc. stock climbed on Monday after disclosures showed investor Michael Burry raised his position in the company. Shares have fallen from a 2021 peak of $300 to around $43.
Cnbctechnology7 days ago
Convicted Frank Founder Seeks Pardon After JPMorgan Fraud Verdict and Seven-Year Sentence
Charlie Javice, founder of the college financial aid startup Frank, is seeking a presidential pardon after her conviction for defrauding JPMorgan Chase. The bank paid $175 million for the company in 2021.
Bloombergworld12 days ago
MTN to Spin Off Nigeria and Uganda Fintech Units as Part of Mobile-Money Reorganization
MTN is separating its Nigerian and Ugandan financial-technology operations to open minority stakes to Mastercard and other buyers.
TechCrunchtechnology17 days ago
Cash App Releases $25 NFC Star-Shaped Tap-to-Pay Wand
Cash App will begin selling a star-shaped wand on Thursday that links to its debit card and works at any Visa contactless terminal. The $25 device is the first in a planned line of NFC tags aimed at younger users.
americanbanker.comtechnology18 days ago
Ramp Raises $750M at $44B Valuation, Now Exceeds $1B Annualized Revenue
Ramp said Thursday it raised $750 million in a round led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan. The company now reports more than $1.5 billion in run-rate revenue and over 70,000 customers.
citizen.co.zabusiness18 days ago
Mastercard and PaidBy Announce Partnership to Enable Cross-Border Account-to-Account Payments
Mastercard and PaidBy announced a strategic partnership on June 4, 2026, in Amsterdam to scale open banking-powered A2A payments across borders. The collaboration combines Mastercard's global connectivity with PaidBy's settlement infrastructure.
Benzingafinance18 days ago
IDT Reports Higher Revenue and Raises Fiscal 2026 EBITDA Guidance
IDT Corporation posted record gross profit and adjusted EBITDA for the quarter ended January 31, 2026. The company raised its full-year adjusted EBITDA forecast and increased its annual dividend by 17 percent.
finance.yahoo.comtechnology23 days ago
TikTok Applies for Brazil Fintech Licenses and Rolls Out In-App Hotel Booking
TikTok launched TikTok GO for U.S. hotel and activity bookings earlier this month and applied weeks ago to Brazil’s central bank for two financial licenses. The moves extend the platform’s expansion beyond video into commerce, payments, and local discovery.
physicianonfire.comworld23 days ago
Bilt Rewards reports $1 billion revenue target for 2026
Bilt Rewards CEO Ankur Jain said the company's flagship credit card accounts for less than 11 percent of revenue. The firm now processes more than $100 billion in annual housing spend across one in four U.S. apartment buildings.
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Forbesai25 days ago
Robinhood Lets Users Deploy AI Agents for Stock Trades and Card Purchases
Robinhood announced Wednesday that customers can now create separate accounts where external AI agents execute stock trades and make purchases on a virtual credit card. The brokerage says the tools give users control through spending limits, notifications, and instant disconnect…
Forbesai25 days agoUpdated
Robinhood Opens Platform to User-Built AI Agents for Stock Trading
Robinhood announced Wednesday that users can now create separate accounts for AI agents to trade stocks and make payments on a virtual credit card. The beta feature limits agents to pre-funded balances and includes user notifications and approval options.
CoinDeskfinance4 days ago
SoFi Opens Crypto Stablecoin Access to 15 Million Users
SoFi has begun allowing its 15 million customers to use the bank's own stablecoin. The rollout marks the first time a major U.S. bank has offered direct stablecoin access through its platform.
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pymnts.comfinance34 days ago
Revolut Offers Dogecoin-Themed Debit Card in UK and EU
Revolut introduced a physical debit card featuring Dogecoin branding for Visa and Mastercard payments. The card is available first in the UK and most of the EU and carries no extra fees for crypto spending.
manilatimes.netfinance35 days ago
Forex Expo Dubai Scheduled for September at World Trade Centre
The annual forex, fintech and online trading technology expo will take place on 22-23 September 2026 at the World Trade Centre in Dubai. The 2025 edition drew more than 20,000 attendees, 250 exhibitors and 150 speakers.
wallethacks.combusiness37 days ago
E-Estate Launches Platform for Tokenized Real Estate Ownership
E-Estate, founded in November 2024 and launched as a platform in June 2025, connects digital tokens to income-generating real estate assets. The company has expanded its corporate presence from Panama into Canada and the United States. Usa Today reported the platform aims to lowe…
Substrate placeholder — needs reviewfinance38 days ago
Revolut Introduces £1000 Incentive for Staff to Acquire New Business
Revolut CEO Nik Storonsky is offering employees across the digital bank £1000 ($1,334) as the company sets winning more new business as its highest priority. The incentive aims to boost the digital lender’s growth, valuation and revenue. @business reported the move.
Bloombergworld38 days ago
Erebor Bank, Backed by Peter Thiel, Proposes Restoring Venezuelan Banks' Access to U.S. Financial System
Erebor Bank, a startup backed by Peter Thiel, has approached top Venezuelan officials with a proposal to restore the sanctioned country's access to the U.S. financial system. The pitch marks an attempt by a fintech venture to navigate long-standing sanctions on Venezuela.
Forbesfinance38 days ago
Hana Bank to Buy $670 Million Controlling Stake in Dunamu, Kakao to Partially Exit
South Korean bank Hana Bank is buying a 6.55% stake in Dunamu, operator of the country's largest crypto exchange Upbit, from Kakao Investment. The deal, valued at 1 trillion won, is scheduled to close in June 2026 alongside Dunamu's merger with Naver's payment arm. Kakao cited th…
riotimesonline.comfinance38 days ago
Nubank Profit Misses Estimates on Higher Credit Provisions
Nubank reported first-quarter profit that fell short of analysts’ estimates. The company said it had to set aside more money for potential loan losses due to expansion of its credit portfolio. The Brazilian digital bank continues to grow its customer base and lending business.
finance.yahoo.comai39 days ago
Hamilton AI Appoints Matthew Schwegler as Head of Product, Launches Three Aviation Workflow Tools
Hamilton AI announced the appointment of Matthew Schwegler as Head of Product on May 14, 2026, from New York. Schwegler led the rollout of three new products in one quarter covering financial tooling, flight dispatch coordination, and broker marketplace connectivity. The move fol…
betakit.comtechnology39 days ago
Ian Crosby Raises $10M for AI Bookkeeping Startup Synthetic After Bench Accounting Collapse
Ian Crosby, who was fired by Bench’s board in 2021 and whose startup Bench Accounting shut down in 2024 before being bought for scraps, has founded Synthetic to build a fully autonomous AI bookkeeper. Khosla Ventures led the $10 million Seed round with participation from Basis Se…
pymnts.comfinance39 days ago
Fasset Raises $51 Million in Series B Funding
The Shariah-compliant digital bank, headquartered in Los Angeles, secured funding from Japan’s SBI Group, Investcorp and Arz Portföy. Fasset processes more than $32 billion in annualized volume across 125 countries and serves over 1,000 small and medium-sized businesses. The comp…
Techcrunchtechnology40 days ago
A* Capital Closes $450M Fund III for Early-Stage Investments
The early-stage venture firm announced the close of its third fund on May 12, 2026. A* Capital plans to invest in at least 30 companies with average checks between $3 million and $5 million. The firm, founded in 2020, has previously backed fintech company Ramp and AI firm Mercor.
Substrate placeholder — needs reviewai40 days ago
Plaid Reaches $8B Valuation in Secondary Share Sale, Adds AI Features
Plaid hit an $8 billion valuation in February 2026 through a secondary share sale that let long-standing employees cash out equity. The fintech company, which surpassed $500 million in ARR in Q4 2025, reported strong 2025 growth with nearly 40% revenue increase and 1,800 new ente…
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news.google.comai41 days ago
Plaid Reaches $8 Billion Valuation via Secondary Share Sale
Fintech infrastructure provider Plaid hit an $8 billion valuation in February 2026 through a secondary share sale. CFO Seun Sodipo detailed strong 2025 results including $500 million in ARR and nearly 40% revenue growth. More than 400 AI companies now build on Plaid's platform.
Benzingafinance41 days agoUpdated
Wise Moves Primary Listing from London Stock Exchange to Nasdaq
Wise CEO Kristo Käärmann discussed the company's move to Nasdaq in a CNBC interview that aired four hours before publication on May 11, 2026. The decision comes as Hims & Hers Health shares rose ahead of its first-quarter 2026 earnings report, with the broader market showing mode…
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marketwatch.comtechnology42 days ago
Venmo Tests App Redesign With Default Private Posts for New Users
Venmo has begun testing a redesign of its mobile app that changes the default privacy setting for new users so their payment posts are visible only to friends instead of the public. The company said the update gives users more visibility and control over shared information during…
manilatimes.networld43 days ago
Atlas Raises $40 Million at $420 Million Valuation After Rebranding From Debit Card Startup Point
Four years after nearly collapsing when its bank partner Column ended their relationship, Patrick Mrozowski's rebranded fintech Atlas has secured a $40 million Series C led by Elad Gil and Verified Capital. The invite-only $999-a-year steel charge card now serves 2,000 customers…
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app.buzzsumo.comtechnology43 days ago
Fintech Startup Parker Files for Chapter 7 Bankruptcy
Parker, which offered corporate credit cards and banking services to e-commerce businesses, filed for Chapter 7 bankruptcy protection on May 7. The company, a Y Combinator winter 2019 participant that raised more than $200 million, is reported to have shut down operations. Its fi…
CoinDeskfinance44 days ago
Trust Wallet and Mesh Unveil AI Agent Crypto Tools at Consensus Miami
Executives from Trust Wallet and Mesh detailed new products to integrate crypto wallets with AI agents at the Consensus conference in Miami Beach on May 9, 2026. Trust Wallet introduced an agent kit and is implementing EIP-8004 for on-chain identity. Mesh unveiled Smart Funding t…
Cnbcfinance44 days ago
Affirm Raises Full-Year Guidance After 35% GMV Increase
Affirm CEO Max Levchin said U.S. consumers remain resilient despite a record low in the University of Michigan's May consumer sentiment survey. The buy now, pay later provider reported better-than-expected quarterly results with revenue up 33% and cited strong spending in travel,…
fintechnews.chworld44 days ago
InFlow Launches AI Agent Payment Infrastructure Using Visa Network
San Francisco-based InFlow announced the launch this week of infrastructure enabling AI agents to handle payments with built-in policy controls. The platform, built on Visa Intelligent Commerce, addresses a key gap in agentic commerce by combining secure credentials with governan…
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newsbtc.comai45 days ago
Visa and Inflow Launch Payment System for AI Agents
Inflow has introduced agent-native commerce infrastructure using Visa Intelligent Commerce. The system provides AI agents with secure payment credentials and a policy engine to govern transactions. Visa reported that 71% of businesses are willing to optimize for AI agents as buye…
Financial Timesfinance45 days ago
South Korean Fintech Company Seeks to Replace Physical Credit Cards with Facial Payments
A South Korean fintech company has announced plans to eliminate physical credit cards within three years by expanding facial recognition payment technology. The company aims to make face-based payments the primary method across the country. South Koreans have increasingly adopted…
finance.yahoo.comtechnology45 days ago
Ramp in Talks to Raise $750 Million at Over $40 Billion Valuation
The corporate spend management startup is negotiating a major new funding round six months after closing a $300 million round at a $32 billion post-money valuation. Ramp reached $1 billion in revenue by November after doubling its income in a year. The latest talks come amid repe…
Techcrunchai45 days ago
Ramp Seeks $750 Million Funding Round at $40 Billion Valuation
Corporate card and expense management startup Ramp is in talks to raise $750 million from investors betting on its rapid AI-driven growth. The funding round would value the company above $40 billion. @WSJ reported the details of the fundraising effort.
TechCrunchfinance45 days ago
Kalshi Reaches $22 Billion Valuation After Raising $1 Billion
Prediction market platform Kalshi announced a $1 billion Series F funding round on May 7, 2026, doubling its valuation from five months earlier. The round was led by Coatue with participation from Sequoia, Andreessen Horowitz and Paradigm. Kalshi reported annualized revenue excee…
finance45 days ago
Kalshi Raises $1 Billion at $22 Billion Valuation
Prediction market platform Kalshi confirmed a weeks-old report that it raised $1 billion in an investment round led by Coatue. The new funding values the company at $22 billion, double its valuation from December. The announcement underscores continued investor appetite for predi…
finance46 days ago
Maha Capital Completes Merger and Updates Capital Structure
Maha Capital AB completed a merger that alters its capital structure and shifts its strategic focus toward fintech and a Venezuelan asset. The company outlined the changes during a discussion on May 6, 2026. The update includes details on the new ownership framework and business…
Cnbcfinance46 days ago
Remitly Reports Q1 Results, Forecasts Q2 Revenue of $483-485 Million
New CEO Sebastian Gunningham outlined Remitly's expansion beyond its core remittance business in a CNBC interview published May 6, 2026. The company forecast Q2 adjusted EBITDA margin of 22.4 percent, well above analysts' 19 percent expectation. Gunningham highlighted opportuniti…
CoinDeskfinance47 days ago
OpenTrade Raises $17 Million for Stablecoin and Real-World Asset Platform
London-based OpenTrade announced a $17 million funding round led by Mercury Fund and Notion Capital. The company, which has received prior backing from a16z Crypto, said the capital will support infrastructure expansion and team growth. OpenTrade reported $5.67 million in total v…
South China Morning Postworld50 days ago
Singapore Wealth-Tech Firms Expand to Hong Kong as First Overseas Market
Singapore-based wealth-tech companies are selecting Hong Kong for initial international growth due to its substantial idle savings and financial hub status. Chocolate Finance recently launched there, offering competitive returns on deposits. Other firms like Syfe and Endowus have…
ecommerce-platforms.comtechnology52 days ago
Subscription Fintech Skio Acquired by Competitor Recharge for $105 Million in Cash
Subscription payments startup Skio has been acquired by rival Recharge in a $105 million all-cash deal. Founder Kennan Frost announced the terms after raising $8 million from investors. The acquisition follows Skio's growth to $32 million in annual recurring revenue.
americanbanker.comfinance53 days ago
MoonPay Signs $100 Million Deal with Sodot and Introduces Institutional Service
MoonPay has signed a $100 million agreement with Sodot while introducing MoonPay Institutional. Caroline D. Pham described these moves as part of a major shift in financial markets toward instant settlement without failures or paperwork issues. The developments highlight blockcha…
lifehacker.comworld57 days ago
Forbes Releases 2026 30 Under 30 Finance List for Europe
Forbes has published its 2026 30 Under 30 Finance list, highlighting young professionals in the sector. The list features individuals working on payments, business succession, IT subscriptions, real estate investment, venture capital, AI compute management, and fintech operations…
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technology58 days ago
Steve Ballmer Says Founder Deceived Him Before Fraud Guilty Plea
Former Microsoft CEO Steve Ballmer stated he was deceived by Joseph Sanberg, founder of Aspiration Partners, who pleaded guilty to wire fraud. Ballmer reported losing $60 million invested in the fintech startup. Sanberg's sentencing is scheduled for Monday following his August 20…
espn.comworld59 days ago
Steve Ballmer Provides Victim Impact Statement in Aspiration Fraud Case Before Sanberg Sentencing
Los Angeles Clippers owner Steve Ballmer provided a victim impact statement to a judge in the fraud case against Aspiration co-founder Joe Sanberg, claiming he was duped out of a $60 million investment. The statement comes before Sanberg's sentencing on Monday after his guilty pl…
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Techcrunchtechnology60 days ago
Salmon Raises $60 Million in Equity and $40 Million in Debt for Philippines Expansion
Manila-based consumer finance app Salmon has secured $100 million in new funding to scale its digital banking services for underbanked Filipinos. The round includes equity from investors like Spice Expeditions and debt from the Nordic bond market. Founders aim to build new produc…
Substrate placeholder — needs reviewtechnology52 days ago
Revolut Eyes $150-200 Billion Valuation in Planned IPO, Financial Times Reports
British neobank Revolut is targeting a valuation of $150 billion to $200 billion for its eventual initial public offering, according to reports. The company recently achieved a $75 billion valuation in a secondary share sale, up from $45 billion in 2024. Revolut's CEO stated the…
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upi.comai62 days ago
Naver, Krafton, Mirae Asset Establish 700 Billion-Won Fund for AI in India
Naver Corp., Krafton Inc., and Mirae Asset Group have launched a 700 billion-won investment fund focused on AI, fintech, and content sectors in India. The fund, named Unicorn Growth Fund, was introduced at an event in New Delhi attended by company executives and an industry minis…
Substrate placeholder — needs reviewfinance69 days ago
Paxos Acquires Crypto Wallet Firm Fordefi for Over $100 Million
Paxos, a stablecoin issuer, agreed to acquire the crypto wallet company Fordefi for more than $100 million. The deal expands Paxos's offerings in cryptocurrency infrastructure. Separately, Paxos Labs, a spin-off from Paxos, raised $12 million and serves customers including Hyperb…
Substrate placeholder — needs reviewfinance69 days ago
Former Ripple VP Emi Yoshikawa Launches $100M Fund Backed by SBI Holdings
Emi Yoshikawa, former vice president of Ripple, has launched a $100 million fund of funds backed by SBI Holdings. The fund seeks to connect Japanese companies with early-stage startups in Silicon Valley focused on AI, fintech and blockchain. Yoshikawa previously served as VP of R…
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news.sky.comfinance70 days ago
Monzo Founder Predicts Income Tax Obsolete Within Five Years Due to AI
Tom Blomfield, founder of digital bank Monzo, stated that income tax will become obsolete within five years as artificial intelligence displaces human workers. He suggested governments should tax computational infrastructure instead of wages to fund public services. The predictio…
Substrate placeholder — needs reviewfinance70 days ago
UK Fintech Firm Wise Sees Surge in Quarterly Cross-Border Volumes Ahead of Nasdaq Debut
UK-based fintech firm Wise experienced a surge in quarterly cross-border volumes. The increase occurred ahead of its Nasdaq debut. Wise operates as a UK fintech firm.
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