Revolut eyes valuation of up to $200B in eventual IPO
Fintech giant Revolut, which secured a full banking license in the U.K. in March after years of waiting, was most recently valued at $75 billion in a secondary share sale.
Fintech
Cash App is targeting a new kind of customer: 6-12 year olds
Tech companies are constantly on the hunt for new customers, and Cash App, the fintech company owned by Jack Dorsey’s Block, believes it has found a promising new demographic: children. The company, which already offers financial services to teens, said this week that it is expanding its youth-focused services in an effort to build a […]
Once close enough for an acquisition, Stripe and Airwallex are now going after each other
For most of its life, Airwallex and Stripe have mostly operated in different geographies, selling to different buyers. That’s changing.
Slash, a Ramp competitor founded by teenagers, raises $100M at $1.4B valuation
Five years later the founders, now 24 years old, say their startup has achieved $300 million in annualized revenue.
Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world
Airwallex, valued at $8 billion, is launching a point-of-sale product that lets businesses accept in-person payments in multiple countries via a single platform.
OpenAI has bought AI personal finance startup Hiro
The acquisition indicates a capability that OpenAI is building into ChatGPT: financial planning.
Kalshi wins temporary pause in Arizona criminal case
The Commodity Futures Trading Commission announced Friday that it has won a temporary restraining order preventing Arizona from pursuing its criminal case against Kalshi.
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