Venture capital
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Finance
Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026
Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than…
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Finance
Elon Musk’s X begins its push into financial services with Visa deal
Elon Musk’s social media platform X on Tuesday announced the launch of a digital wallet and peer-to-peer payments services provided by…
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Finance
Klarna scores global payment deal with Stripe to expand reach ahead of blockbuster U.S. IPO
“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Klarna…
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Finance
Banking app Dave, back from the brink, is this year’s biggest gainer among financials with 934% surge
Jason Wilk Source: Jason Wilk Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in…
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Finance
‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis
Oscar Wong | Moment | Getty Images For 15 years, former Texas schoolteacher Kayla Morris put every dollar she could…
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Finance
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer…
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Finance
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
Tsingha25 | Istock | Getty Images The Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to…
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Finance
Former Arm CEO criticizes Britain for not holding onto its top tech firms
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022.…
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