FinTech News
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Plaid Valuation Drops to $6.1 Billion in $575 Million Secondary Share SaleFintech firm Plaid raises $575 million in a secondary share sale, cutting its valuation to $6.1 billion as it charts a path to IPO.
Thursday, April 3rd 2025 08:21PM -
Ayan Capital Secures £25 Million in Shariah-Compliant Debt to Expand Halal Finance ServicesIslamic fintech Ayan Capital raises £25 million in Shariah-compliant debt from Partners for Growth to grow its halal vehicle finance and lifestyle offering in the UK.
Thursday, April 3rd 2025 07:47PM -
Visa Reportedly Offers Apple $100 Million to Replace Mastercard in Apple Card DealVisa has reportedly offered Apple $100 million to replace Mastercard as the network behind Apple Card, as fintech firms compete for influence in major payment ecosystems.
Thursday, April 3rd 2025 07:22PM -
Press Release
Thursday, April 3rd 2025 11:30AM -
Circle Files for $5 Billion IPO on NYSE After Surviving Industry ShocksStablecoin issuer Circle files to go public with a $5 billion IPO on the NYSE. Backed by JPMorgan and Citigroup, the fintech firm signals a new era for crypto-linked finance.
Wednesday, April 2nd 2025 09:20PM -
OpenAI to Raise $40 Billion in SoftBank-Led Round, Eyes $300 Billion ValuationOpenAI secures up to $40 billion in new funding led by SoftBank, aiming to boost AI research and infrastructure. The round could double its valuation to $300 billion.
Tuesday, April 1st 2025 08:20PM -
Tether Becomes Sixth Largest Bitcoin Holder, Reaches over 92,000 BTC in Treasury StrategyTether’s Bitcoin holdings top 92,000 BTC, making it the sixth largest single-wallet holder. Its Q1 purchases reflect a growing corporate strategy to use Bitcoin as a treasury reserve.
Tuesday, April 1st 2025 07:39PM -
Press Release
Thursday, April 3rd 2025 11:15AM -
Robinhood Expands Into Banking With Cash Delivery and 4% APY for Gold MembersRobinhood announces new online banking services with 4% APY, FDIC pass-through insurance, and physical cash delivery—available to Gold subscribers in fall 2025.
Tuesday, April 1st 2025 06:47PM -
Crypto Users in South Korea Surpass 16 Million, Outpacing Stock InvestorsOver 16 million South Koreans now hold cryptocurrency accounts, exceeding stock investors as digital asset adoption reaches new levels amid post-election momentum.
Monday, March 31st 2025 08:35PM -
Metaplanet Issues $13.3 Million in Bonds to Deepen Bitcoin HoldingsJapanese firm Metaplanet issues ¥2 billion in zero-interest bonds to expand its Bitcoin reserves, reinforcing its strategy as Asia’s leading corporate BTC holder.
Monday, March 31st 2025 08:23PM -
Press Release
Thursday, April 3rd 2025 11:00AM -
Revolut’s Valuation Surges to $48 Billion Following Schroders Capital Trust BoostRevolut’s valuation climbs to $48 billion after Schroders Capital Global Innovation Trust increases its stake. The digital bank sharpens focus on crypto, regulation, and future IPO prospects.
Monday, March 31st 2025 05:15PM -
xAI Buys X: Why It Happened, What It Means, and How It Works - FTW Sunday EditorialExplore Elon Musk’s high-stakes merger between xAI and X (formerly Twitter) in a $33B all-stock deal. Understand the strategy, structure, and implications for the future of AI-driven social platforms.
Sunday, March 30th 2025 10:12PM -
Elon Musk Sells X to xAI in $33 Billion All-Stock DealElon Musk sells social media platform X to his own AI company xAI for $33 billion, aiming to integrate AI capabilities with X’s broad user base.
Saturday, March 29th 2025 08:46PM -
Press Release
Thursday, March 27th 2025 04:42PM -
Fintech Founder Charlie Javice Convicted of $175M Fraud Against JPMorganCharlie Javice, founder of fintech startup Frank, found guilty of defrauding JPMorgan Chase out of $175 million by fabricating user data. The verdict follows a six-week trial.
Saturday, March 29th 2025 08:11PM -
CoreWeave IPO Opens Below Expectations, Ends First Day Without GainsCoreWeave's IPO opens below targets and closes its first trading day without gains, signaling weaker investor interest in AI startups amid broader market caution.
Saturday, March 29th 2025 07:48PM -
Fidelity Tests Stablecoin Amid Improved Regulatory ClarityFidelity is exploring stablecoins, following enhanced regulatory clarity under Donald Trump's administration.
Thursday, March 27th 2025 11:27AM -
Press Release
Wednesday, March 26th 2025 09:24PM -
eToro Files for US IPO, Eyes $5 Billion ValuationCryptocurrency-friendly trading platform eToro has filed for a US IPO, aiming for a potential $5 billion valuation as it seeks to expand its investor base on the Nasdaq Global Select Market.
Wednesday, March 26th 2025 12:54PM -
Trump’s World Liberty Financial to Launch Stablecoin ‘USD1’ Amid Crypto AmbitionsWorld Liberty Financial, Donald Trump's crypto venture, announces the launch of USD1, a dollar-pegged stablecoin fully backed by U.S. Treasuries and cash equivalents.
Wednesday, March 26th 2025 12:02PM -
Chime Launches Instant Loans to Offer Quick Access to Funds Without Credit ChecksChime introduces Instant Loans, allowing eligible members to access up to $500 instantly with no credit check. Learn how this fintech solution aims to provide affordable and convenient borrowing.
Monday, March 24th 2025 08:57PM -
Press Release
Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy SummitTanzania leading continental efforts to promote clean cooking with President Suluhu Hassan as ambassador
Saturday, February 1st 2025 01:00AM -
Ripple vs. SEC: Legal Battle Ends As Regulatory Focus ShiftsThe SEC drops its legal case against Ripple, ending a four-year dispute and boosting XRP’s value. What does this mean for crypto regulation and the future of XRP?
Monday, March 24th 2025 08:00PM