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,…
British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year…
‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics
ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial…
Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech
ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief…
Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
Klarna on Wednesday announced a global partnership with Uber to power payments for the ride-hailing giant’s Uber and Uber Eats…
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the…
Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit
British stock trading app Freetrade hit eked out breakeven earlier this year, the company told CNBC, marking its first-ever move…
Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm
Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to…
U.S. lawmakers accuse five VC firms of investing $3 billion in Chinese companies linked to military activities
Sequoia Capital China, Qualcomm Ventures and three other venture capital firms plowed at least $3 billion into Chinese tech companies…
Founders of Wise and Skype raise $436 million to build tech giants in Europe
The founders of Wise, Skype and Songkick have raised 400 million euros ($436.4 million) for a new fund to back…
