Tencent Backs Uzum as Uzbek Unicorn Hits $1.5B Valuation
Tashkent-based super-app Uzum, Uzbekistan’s first tech unicorn, has secured $65.5 million in a fresh funding round co-led by global giant...
finance
Klarna Eyes September US IPO Amid Fintech Revival
Swedish fintech powerhouse Klarna is preparing to launch its highly anticipated U.S. initial public offering (IPO) as early as September,...
Handwave Challenges Amazon with EU Palm Payments
Latvian fintech startup Handwave has secured $4.2 million in seed funding to challenge Amazon's biometric dominance by launching its independent...
Ramp Valuation Skyrockets to $22.5B in 45 Days
Fintech unicorn Ramp secured a massive $500 million funding round on Wednesday, skyrocketing its post-money valuation to $22.5 billion just...
Cash App Now Lets You Pool Money With Non-Users
Cash App launched a new peer-to-peer "pools" feature on Tuesday, allowing users to easily collect collective funds for shared expenses...
Chime Backer Bets on AI to Disrupt Estate Processing
Early Chime investor Lauren Kolodny is betting on Alix, an AI-powered platform designed to automate and simplify the complex estate...
PayPal World Links Global Wallets for 2 Billion Users
PayPal launched a groundbreaking cross-border payment platform called PayPal World on Wednesday, uniting major global digital wallets to simplify international...
Ex-a16z Rex Salisbury Defies Fintech Slump with New Fund
Former Andreessen Horowitz (a16z) fintech pioneer Rex Salisbury has secured a new venture capital fund for Cambrian Ventures, defying the...
Revolut Eyes Massive $65B Valuation in New Funding Push
The UK-based fintech giant Revolut is negotiating a massive new funding round to secure a historic $65 billion valuation, according...
Stripe’s First Employee Just Bought a Community Bank
Darragh Buckley, the founder of fintech startup Increase and Stripe’s historic first employee, has secured a major ownership stake in...
