From entrepreneur to private markets advocate: Westin Smith’s approach to wealth creation
Revolut partners with OpenAI to bundle ChatGPT Go into its subscriptions
Live-shopping app Whatnot is in talks to nearly double its valuation to $20bn
Lava Tokenization Sandbox Gives Electric Blue the Infrastructure for a €500M Rollout in Germany
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.
Stripe wants to own the toll booth between AI models, for ~$10bn
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
Visa launched a stablecoin platform that sent Circle shares tumbling six percent
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
Axos buys AI fintech Arc Technologies to bolt modern software onto a bank
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
Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple
London’s MDOTM raises $27M to put AI inside wealth managers
Cross-border payroll runs on $200B and zero shared infrastructure
AI shopping just beat search at its own game on Prime Day
Google’s GV bets $30M on a stock exchange for space
India’s payments chief says AI will drive UPI from 750 million to a billion daily transactions
TikTok is building a super app, and most of its users have not noticed yet
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