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.

Neobank’s Series E valuation falls below 2021 peak

Current raised $80 million led by Springcoast Partners at a $1.5 billion valuation, a clear down round from its 2021…

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Pleo launches finance AI agent, lays off staff next day

On June 11, Pleo announced AI agents to automate finance tasks, then confirmed layoffs of ~50 employees (mostly in engineering/data)…

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ECB curbs Revolut’s ‘self-guided missiles’

The European Central Bank secretly intervened last year to bar Revolut from launching new products in the European Economic Area…

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OpenAI invests in Poetic to automate underwriting and compliance

Poetic, an AI startup with $50 million in funding from OpenAI, Founders Fund, and Kleiner Perkins, automates sensitive financial back-office…

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Coinbase Launches AI Agent to Trade Crypto and Pay for Research

Coinbase launched an AI agent that can autonomously execute crypto trades and pay for premium research data using the x402…

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Kalshi Mandates Employment Verification for Select Prediction Market Wagers

The CFTC has proposed a new rule to establish a formal framework for reviewing prediction market contracts tied to activities…

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Italian fintech Satispay reportedly seeks €120M for stock trading push

Satispay is reportedly preparing to raise up to €120 million to fund its expansion from mobile payments into stock and…

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Polymarket Draws Billions in US Trading Despite Offshore Ban

Approximately 30% of Polymarket's trading activity originates from the United States, with an estimated $10.6 to $26.7 billion funneled by…

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SoFi Hong Kong subsidiary hit by third-party data breach

SoFi Hong Kong suffered a data breach after unauthorized access to a database managed by a third-party vendor, discovered on…

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Klarna unveils 3.28% US savings accounts through WebBank

Klarna is launching FDIC-insured high-yield savings accounts in the U.S. with a 3.28% APY through a partnership with WebBank, allowing…

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Sam Bankman-Fried Asks Trump for Pardon, Trump Says No

Sam Bankman-Fried has formally petitioned President Trump for a presidential pardon after completing his sentence, but the request is pending…

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Polymarket and Kalshi: Influencer Partners Must Accept Election Results

Prediction market platforms Kalshi and Polymarket have instructed paid content creators to remove “paid partnership” labels from social media posts…

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Afroman Returns as Bitcoin’s New Freedom Fighter

After police raided his home in 2022 and found nothing substantial, rapper Afroman fought back by releasing songs mocking the…

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Microsoft expands Audience Ads to more cryptocurrency exchanges

Microsoft has updated its advertising policy to allow cryptocurrency exchanges to run Audience Ads across its native advertising network, including…

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Cash App Introduces Tap-to-Pay Wand

Cash App launched a $25 Tap-to-Pay Wand, an official version of a viral trend, as the first in a new…

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Cash App unveils magic wand for contactless payments

Cash App has launched the Cash App Wand, an NFC-equipped, star-topped magic wand accessory that enables contactless payments without a…

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Revolut Co-Founder Vlad Yatsenko Exits as CTO

Revolut co-founder and CTO Vlad Yatsenko will step down in July 2026 to join the board, replaced by insider Donato…

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SoftBank’s PayPay acquires 70.2% stake in T&D Life Insurance

PayPay is acquiring a 70.2% stake in T&D Financial Life Insurance for ¥134.3 billion ($840 million), marking its entry into…

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Tencent enables PayPal payments via WeChat QR codes in China

Tencent is integrating PayPal into its WeChat Pay network, allowing US-based PayPal users to pay in China by scanning WeChat…

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Apple building receipt-scanning feature to split bills with friends

Apple is developing a feature allowing iPhone users to snap a photo of a receipt, tag items to specific diners,…

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