Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback
Revolut is valued at $115bn. Its founder’s new share deal targets $500bn
A gang stole £14,244 to buy AI chatbot credits. His bank spotted the first charge and let the rest happen.
The AI memory shortage reached your phone bill, so T-Mobile will let you pay it off slower
Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”
Stables and access bank south africa explore new cross-border payment infrastructure
Visa is buying BioCatch for $2.4 billion because AI scams now cost the global economy $1 trillion a year
Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares.
The AI boom is making Apple pricey to buy and to run. Its answer to both is a subscription.
China’s delivery giants spent a year fighting on price. Now they’re fighting on their riders’ heads.
Shein’s app runs on the tricks the FTC calls ‘dark patterns.’ Now the FTC is investigating.
PayPal turned down $53bn, and pointed to a beat and a $70 target
Apple raised its prices, then offered to rent you the phone instead
Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it
Two hotel groups moved into ChatGPT this week. Neither will let you pay there
Friendsurance invented peer-to-peer insurance. It just sold for its paperwork.
X Money can cut off your account over what you post
Wise shares tumble after US regulator rejects its trust bank charter bid
Revolut hits $115 billion valuation as it becomes the first global fintech with an Australian banking licence
A 25-year-old just raised $180M to build a US bank from scratch
Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28
Natural raised $30M to build a Stripe for AI agents, before Stripe gets there
Ant International raises $1.2bn to fund its payments push beyond China
Samsung launches its first US credit card with Barclays, its deepest move into finance yet
OpenAI is showing Kalshi’s World Cup odds inside ChatGPT, its first prediction market deal
Velocity raises $38M to move business money with stablecoins
Stripe and Advent offer $60.50 a share for PayPal, valuing it above $53bn
Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity
India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO
Flex raises $70m from Ryan Smith’s Halo fund to take its AI private bank global
Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it
Karina Portugal: learning to ask the right question
How crypto payment processors can help businesses accept cryptocurrency
Klarna applies for a US banking licence, its boldest American move yet
Uber quietly pauses 5 of 7 European food-delivery launches as it chases Delivery Hero
Thought Machine crosses $100M revenue and delays its London IPO to 2028
Citi boss Jane Fraser says 2 AI races will decide banking’s future
Starling Bank cuts 130 jobs as it bets on AI and looks beyond the UK
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