YC Alum Skio Sells for $105M Cash on Just $8M Raised
Subscription commerce platform Recharge acquired competitor Skio—a 2020 Y Combinator alum founded by college dropout Kennan Frost—for $105 million in...
finance
Amazon, Meta Unite to Break Google, PhonePe UPI Duopoly
Amazon and Meta are leading a group of major tech firms meeting with India's National Payments Corporation of India (NPCI)...
Steve Ballmer ‘Duped’ out of $60M by Fintech Fraudster
Former Microsoft CEO Steve Ballmer has publicly condemned fintech founder Joseph Sanberg in a blistering letter to a federal judge...
Revolut Targets Historic $200B Valuation for Future IPO
British fintech giant Revolut is aiming for a massive valuation of $150 billion to $200 billion for its highly anticipated...
How Airwallex Rejected Stripe to Build a $1.3B Rival
In a high-stakes decision that redefined the fintech landscape, Airwallex CEO Jack Zhang rejected a massive $1.2 billion acquisition offer...
Teen-Founded Fintech Slash Hits $1.4B After $100M Raise
Slash Financial, the business banking and corporate card startup founded by two college dropouts at age 19, has secured $100...
Airwallex Targets Stripe and Square in Physical Retail
Australian fintech giant Airwallex is challenging Stripe and Square by launching a global point-of-sale (POS) system today that allows multinational...
OpenAI Acquires AI Financial Planning Startup Hiro
Artificial intelligence giant OpenAI has acquired Hiro Finance, an AI-powered personal financial planning startup backed by high-profile venture capital firms...
CFTC Halts Arizona’s Criminal Case Against Kalshi
The Commodity Futures Trading Commission (CFTC) secured a temporary restraining order on Friday, halting Arizona Attorney General Kris Mayes' criminal...
Cash App Debuts Controversial P2P ‘Pay Later’ Feature
Cash App, the popular peer-to-peer financial platform owned by Jack Dorsey’s Block, has officially rolled out a new deferred payment...
