Capital One Acquires Brex in Discounted Fintech Deal
Capital One is acquiring fintech startup Brex in a discounted transaction set to close in the second quarter, providing much-needed...
finance
Stripe-Backed Duna Secures €30M to Fix Business ID Checks
Business identity verification startup Duna, founded by Stripe alumni Duco van Lanschot and David Schreiber, has secured a €30 million...
PayPal Replaces CEO Alex Chriss With HP’s Enrique Lores
On Tuesday, digital payments giant PayPal appointed HP chief Enrique Lores as its new president and CEO, replacing Alex Chriss...
Ethos Goes Public: How Profit Defeated Valuation Cuts
Digital insurance disruptor Ethos has officially debuted on the public stock market, achieving profitability and a $1.1 billion valuation despite...
Natural Raises $30M for AI Agent Payments, Rivaling Stripe
Fintech startup Natural secured a $30 million Series A funding round today to build the first native payment infrastructure designed...
Stripe and Advent Launch $53.4B Bid to Buy PayPal
In a massive consolidation move for the global fintech sector, payment processor Stripe and private equity firm Advent International have...
New “Anti-Elon” ETFs Let Investors Avoid His Stocks
Subversive Capital recently filed SEC documents to launch two new exchange-traded funds (ETFs) in the United States that explicitly exclude...
Zuckerberg Bets Big on Meta’s New ‘Arena’ App
Meta CEO Mark Zuckerberg has greenlit the development of an independent prediction market smartphone app codenamed "Arena," aiming to capitalize...
Ripple-Backed Flutterwave Hits $3.2B Valuation
African fintech powerhouse Flutterwave announced Tuesday a major Series E funding round that elevates the company's valuation to a staggering...
Robinhood Lays Off 10% of Staff, Ditching the AI Excuse
Robinhood CEO Vlad Tenev announced on Tuesday that the fintech firm is laying off 10% of its full-time workforce—approximately 290...
