Browsing: Fintech
Venmo is rolling out a major redesign in the coming months that aims to make the app more useful, social and easier to navigate. This is…
Parker, a well-funded startup that offers corporate credit card and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to be closed.…
Robinhood CEO Vlad Tenev touts the success of the new fintech Ventures Fund Iwhich allows retail investors to invest in private technology companies such as Stripe,…
PayPal is looking to the future, despite its falling stock and looming layoffs. In his first-quarter earnings call, CEO Enrique Lores told investors that PayPal needed…
Stripe’s financial services platform is introducing a digital wallet purpose-built for the age of artificial intelligence where autonomous agents can perform tasks that include shopping, paying…
Y Combinator alum Skio sells for $105 million in cash, raised only $8 million, founder says
By techtost.com
Shadow, a 2020 Y Combinator alum founded by college dropout Kennan Frost and acquired by competitor Recharge, the the companies announced on Thursday. Both Skio and…
Amazon and Meta are among the major companies set to lobby India’s payments regulator for Walmart-owned PhonePe and Google Pay to dominate the country’s fast-growing instant…
Steve Ballmer slams founder he backed, who pleaded guilty to fraud: ‘I was cheated and I feel stupid’
By techtost.com
Silicon Valley tends to tolerate a certain amount of founder hyperbole when pitching investors, often dismissing it as part of selling a vision. However, some choices…
Salmon raises $100 million in equity and debt to bring digital credit to unbanked Filipinos
By techtost.com
The Philippines has millions without a bank account adults, and the consumer loan market is starting to catch up. Salmon, a Manila-based consumer finance app, just…
Tech companies are always looking for new customers, and Cash App, the fintech company owned by Jack Dorsey’s Block, believes it has found a promising new…