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,…
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions…
Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion
LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said…
House passes bill that could lead to a TikTok ban; fight shifts to the Senate
The House approved a bill Wednesday that calls for China tech giant ByteDance to divest TikTok or the popular social…
