Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst
AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the…
Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub
LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…
Here’s what’s hot — and what’s not — in fintech right now
AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and…
The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel
French business planning software startup Pigment has raised $88 million in a funding round led by ICONIQ, the private investment…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
Fintech firm Klarna halves net loss in first quarter as it races toward profitability
Klarna, the Swedish buy now, pay later fintech company, halved its net loss in the first quarter, recording a significant…
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…
British digital bank Monzo hits monthly profitability for the first time after spike in lending
Monzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of…
TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.
German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…
Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec
Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…
