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FinTech

Crypto companies are pouring money into 2024 election: Public Citizen

by Vera Ward
Crypto companies are pouring money into 2024 election: Public Citizen

As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into …

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Michelle Bond, romantic partner of Former FTX exec Salame, indicted

by Edgar Davis
Michelle Bond, romantic partner of Former FTX exec Salame, indicted

Michelle Bond, CEO of Digital Futures.  CNBC Convicted former FTX executive Ryan Salame’s domestic partner Michelle Bond has been indicted in New York on federal charges accusing her of conspiring …

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FTX executive Ryan Salame seeks to void guilty plea

by Walter Watson
FTX executive Ryan Salame seeks to void guilty plea

Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., exits federal court in New York, US, on Tuesday, May 28, 2024.  Yuki Iwamura | Bloomberg | Getty Images …

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British fintech Revolut valued at $45 billion in secondary share sale

by Walter Watson
British fintech Revolut valued at  billion in secondary share sale

Revolut cards are seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty Images British fintech startup Revolut on Friday said …

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Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

by Walter Watson
Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to …

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Klarna launches bank-like personal account, cashback ahead of IPO

by Edgar Davis
Klarna launches bank-like personal account, cashback ahead of IPO

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Financial technology firm …

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Fintech firm Airwallex hits $500M ARR, plans to be IPO-ready by 2026

by Walter Watson
Fintech firm Airwallex hits 0M ARR, plans to be IPO-ready by 2026

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates. Jose Sarmento | Bloomberg | …

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Schumer says a crypto bill can pass Senate this year; Dems join ‘Crypto4Harris’ call

by Vera Ward
Schumer says a crypto bill can pass Senate this year; Dems join ‘Crypto4Harris’ call

US Senate Majority Leader Chuck Schumer presents US Vice President Kamala Harris with a “golden gavel” after she cast her 32nd tie-breaking vote in the Senate, the most ever cast …

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Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

by Anas Siddiqui
Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

Bing Guan | Bloomberg | Getty Images Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take over thousands of …

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UK BNPL fintech Zilch raises $125 million, sees IPO within 2 years

by Walter Watson
UK BNPL fintech Zilch raises 5 million, sees IPO within 2 years

Zilch CEO Phil Belamant. Zilch LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that …

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