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Fintech
since
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3 days ago
Fintech is entering an era of scale and maturity, just as AI forces innovation. CNBC and Statista name the key players shaping the industry — and shaking it up.
33 days ago
Indian entrepreneur to lead WhatsApp as Zuckerberg brings in new blood ○
found
a story from Financial Times ✅ › Financial Times
Fintech founder Kunal Shah to replace Will Cathcart who steps down after seven years leading the Meta-owned messaging app
66 days ago
Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months ○
Mercury has emerged as one of a select group of fintech firms, like Ramp and Stripe, that continued to thrive after the collapse of pandemic-era valuations.
4 months ago
Square parent company Block cuts nearly half of workforce as AI takes jobs ○
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a story from The Guardian ⚠️ › International
CEO Jack Dorsey said 4,000 employees would be laid off as the fintech company, which owns Cash App, embraces AI
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Fintech com…
Stripe valued at $159 billion after tender offer for employees, shareholders ⊕⊕
Fintech startup Stripe continues to show strong growth, with a valuation now at $159 billion and total volume nearing $2 trillion last year.
7 months ago
PayPal applies for US banking licence ○
Fintech seeks to capitalise on Trump administration’s looser regulatory environment in financial industry
Revolut offers former staff chance to cash out at 30% discount ⊕
Fintech completed funding round at $75bn valuation in November
8 months ago
Fintech Ripple gets $40 billion valuation after $500 million funding ⊕
Ripple has pushed into other lines of business including custody of crypto assets, prime brokerage and corporate treasury management.
9 months ago
Fintech startup Upgrade valued at $7.3 billion in new funding round ⊕
Upgrade raised $165 million in a new funding round that valued the fintech startup at $7.3 billion.
Fintech Checkout.com's valuation falls to $12 billion ○
The internal valuation of $12 billion represents a significant decline from the $40 billion assigned to Checkout.com in a 2022 funding round.