Tag: fintech
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Robinhood CEO wants the company to be more than a trading app. Here’s how he plans to do it
Robinhood CEO Vlad Tenev wants to use trading as a way to acquire customers and then continue to manage their wealth throughout their lifetime.
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Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India’s digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
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Fintechs conquered payments in India. Now they’re eyeing credit
Fintech companies, the driving force behind the adoption of digital payments in India, are now focusing on offering credit to the underserved population.
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MAS commits S$220 million to accelerate innovation in the fintech sector: Gan Kim Yong
The fourth iteration of the scheme will be implemented through six tracks spanning institutional innovation, AI adoption, infrastructure and platforms and talent development.
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Stripe to buy OpenRouter as fintech expands deeper into AI
Stripe said it’s acquiring OpenRouter, as the payments company expands into the artificial intelligence model market.
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Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
It is also the latest move by Visa to expand its value-added services business, which has become one of the company’s fastest-growing divisions.
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Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.
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How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
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Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
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Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
Klarna joins a wave of fintech and crypto firms seeking entry to the traditional banking system.
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