Fintech

Explore innovations in financial technology, including blockchain, cryptocurrency, digital banking, and payment solutions. Learn how fintech is revolutionizing the financial sector and shaping the future of transactions.

Kalshi Hits $11B Valuation With $1B Funding Round

Kalshi raised $1 billion in funding, increasing its valuation to $11 billion, with backing from investors like Sequoia and CapitalG,…

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California Man Admits Laundering $230M in Stolen Crypto

Kunal Mehta pleaded guilty to laundering at least $25 million from a $230 million cryptocurrency theft, becoming the eighth person…

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New npm Malware Hijacks Browsers for Crypto Scams

A malware campaign using seven npm packages hijacked browsers to redirect users to cryptocurrency scams, employing cloaking and anti-analysis techniques…

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Why Marketing Budgets Get Cut (And How to Protect Yours)

Marketing teams often struggle to secure funding because they fail to connect their activities to tangible financial outcomes, such as…

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Kaaj Secures $3.8M Seed Funding From Kindred Ventures

Kaaj, a fintech startup, raised $3.8 million in seed funding to transform small business lending by using AI to automate…

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Malicious NPM Packages Use Adspect to Evade Detection

Seven malicious npm packages used the Adspect cloaking service to distinguish between security researchers and real targets, redirecting only the…

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a16z Leads $21M Series A for AI Tax Compliance Platform Sphere

Sphere raised $21 million in Series A funding led by Andreessen Horowitz to address international tax compliance challenges for businesses…

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Inside the Lavish Bitcoin Heist: 5-Star Hotels & Vanishing Millions

Kent Halliburton, CEO of Sazmining, was targeted in a sophisticated scheme during a meeting in Amsterdam with individuals posing as…

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Intuit Inks $100M OpenAI Deal to Integrate Apps With ChatGPT

Intuit has invested over $100 million in a partnership with OpenAI to integrate its financial tools like TurboTax and QuickBooks…

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Aspora: Sequoia-Backed Fintech for Indian Diaspora Bill Payments

Aspora introduces a bill payment feature for NRIs to easily and transparently settle utility bills and mobile recharges for family…

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FlatPay Becomes Europe’s Latest Fintech Unicorn

FlatPay has become Europe's newest unicorn with a €1.5 billion valuation, focusing on simple flat-rate card payment solutions for small…

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JPMorgan Refuses to Cover Legal Fees for Frank Founder

JPMorgan Chase is challenging a court order to pay $142 million in legal fees for Charlie Javice and Olivier Amar,…

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Checkout.com donates ransom to charity after data breach

Checkout.com experienced a data breach when the ShinyHunters cybercrime group accessed a legacy cloud storage system, but the company has…

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DanaBot Malware Returns to Target Windows After 6-Month Hiatus

DanaBot malware has re-emerged with a new version (v669) after a six-month hiatus, now utilizing Tor-based infrastructure and cryptocurrency addresses…

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‘Bitcoin Queen’ Jailed 11 Years for $7.3B Crypto Fraud

Zhimin Qian, known as the "Bitcoin Queen," received an 11-year and eight-month prison sentence in London for orchestrating a massive…

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Groww IPO Raises $750M Amid India’s Investing Boom

Groww launched India's largest fintech IPO this year, raising ₹66.3 billion and achieving a 29% surge in share price, boosting…

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Ventures Platform Secures $64M to Fuel African Startups

Ventures Platform has raised $64 million for its second fund, with a target of $75 million, to support early-stage startups…

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US Sanctions North Korean Bankers Over Cybercrime and IT Fraud

The U.S. imposed sanctions on two banks and eight individuals for laundering funds from North Korean cybercrime and fraudulent IT…

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AI Money Management: A Risky Bet, Researchers Warn

Integrating AI into financial systems poses unforeseen risks, including unstable economic behaviors and gambling-like addictions when AI models operate autonomously…

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Google Finance adds Gemini AI with prediction market insights

Google Finance is integrating Gemini AI with predictive insights from betting markets, enabling users to ask complex questions about future…

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