Markets
PayPal Receives $53 Billion Takeover Bid from Stripe, Advent
Payments giant PayPal is reportedly the target of a $53 billion joint acquisition proposal from Stripe and private equity firm Advent International,...
#fintech 68 articles
Finance
Stripe Leverages AI Billing to Diversify Payments Empire, Boosts Valuation
Stripe is strategically expanding its role in the AI sector, driving revenue growth and diversifying beyond core payments into billing, invoicing, and...
Finance
Augustus Raises $180M to Modernize Global Dollar Clearing
Augustus, formerly Ivy, secured $180 million in Series B funding to provide direct dollar access to global financial institutions, challenging legacy correspondent...
Investing
Jason Wenk: Altruist CEO Challenges Legacy Custodians with Tech-Driven Advice
Altruist founder Jason Wenk discusses his career trajectory, from computer science to disrupting financial services with lower-cost, tech-enabled advice.
Finance
Embedded Tech Shifts AP Payment Power
A fundamental shift is underway in how organizations decide on supplier payments, moving beyond finance-centric evaluations. Embedded payment technologies are empowering developers...
Finance
Nu Mexico Secures Bank Authorization, Targets Largest Digital Bank Status
Nubank's Nu Mexico unit received authorization to operate as a bank, with 30 days to complete its transformation, aiming to become Mexico's...
Investing
Nium Buys Cypher, Accelerates Digital Asset Strategy
Nium acquired Cypher to enhance its infrastructure for compliant money movement between fiat and digital assets, integrating crypto-native capabilities with its cross-border...
Finance
SEC Taps JPMorgan Veteran Paul Knight as New COO
The SEC has appointed Paul Knight, a former SEC official and JPMorgan Chase executive, as its new Chief Operating Officer to streamline...
Investing
Thrive Holdings Secures $2 Billion for AI-Driven Services Firm Acquisitions
Thrive Holdings has raised $2 billion from major AI investors to acquire and transform traditional services businesses using artificial intelligence.