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38 articles
PayPal has rejected a $53 billion acquisition offer from Stripe and Advent International, citing a lack of alignment with its valuation and strategic goals. The company delivered a strong Q2 performance, reaffirming its market position and signaling confidence in its future direction.
Wise shares fell 10% after the US Office of the Comptroller of the Currency rejected its application for a national trust bank charter. The decision limits the fintech’s ability to integrate into the Federal Reserve’s payment systems.
Former UIDAI chairman Nandan Nilekani has stepped down from his operational role at Fundamentum as the firm launches its $200 million third fund, focusing on AI and fintech startups in India.
Klarna has applied for a U.S. banking licence, marking its boldest move yet in expanding into American markets. The Swedish fintech aims to gain regulatory authority to offer a broader range of financial services in the U.S.
London fintech Thought Machine has crossed $100 million in annual revenue and delayed its London IPO to 2028, signaling a focus on sustainable growth over market hype.
Starling Bank is cutting 130 jobs as it restructures its operations to focus on AI integration and global expansion.
This article explains how AI and machine learning are revolutionizing banking infrastructure, using Erebor Bank as a case study to illustrate the power of intelligent systems in financial services.
Cross-border payroll processing still relies on outdated systems, handling over $200 billion annually without shared infrastructure. Experts call for urgent modernization to meet global business demands.
The Bank of England has softened its stance on stablecoin regulations after facing industry backlash over overly restrictive rules. The revised framework aims to balance financial oversight with innovation.
This article explains how artificial intelligence (AI) is being used by a Belgian fintech company, Warren, to improve workplace pensions and help people save better for retirement.
Razorpay, a leading Bengaluru-based fintech company, has filed for an IPO through India’s confidential route, signaling its move toward a public listing while keeping financial details private.
Finance fintech Pleo announced AI agents to automate administrative tasks just one day before laying off 50 employees, mostly engineers and data staff. The move highlights the growing tension between AI innovation and workforce stability.
