Internet

Robinhood lets Brits lend shares for extra income in bid to grow international footprint

Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to…

Buy now, pay later firm Klarna swings to first-half profit ahead of IPO

Klarna said it posted a profit in the first half of the year, swinging into the black from a loss…

Biden hosts first Creator Economy Conference for influencers to talk AI, privacy and more

The White House hosted 100 digital content creators and industry professionals Wednesday to speak with key officials about the “creator…

Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too

Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from…

Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit

LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of…

Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO

AMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in new funds from investors, and…

Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year

PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators…

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

PARIS — France is touting itself as the next artificial intelligence superpower. The Viva Technology conference in Paris last week…

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their…

Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down

LONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving the company with immediate effect,…