venture capital

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…

As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal

Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of…

A top European software investor raises $700 million — defying the venture capital slump

Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling…

China VCs have a big problem — and it’s not just a drop in U.S. investor appetite

BEIJING — In the years since Alibaba’s U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars…

China VC deals plunge, on track for worst pace in more than seven years

BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance…

JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal

JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…

Britain’s $4.5 billion digital bank Monzo debuts investments feature

Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into…

UK launches £1 billion fintech fund to compete with Silicon Valley

The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a…

Robinhood rival eToro agrees $120 million share sale at discounted valuation

Stock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than…