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…
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening…
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the…
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…
European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot
Venture capital investment into Europe’s tech industry plunged by half in 2023 as investors continued to reel from the effects…
Plaid taps Adyen executive to lead its European operations
U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company…
Reid Hoffman-backed PAC may fund primary campaign against progressives Rashida Tlaib, Cori Bush
A political action committee funded largely by LinkedIn co-founder Reid Hoffman may be on the brink of launching a primary…
