The U.S. Securities and Exchange Commission (SEC) climate disclosure rule is expected to take effect any time from now. However, it has yet to be made clear when it will be unveiled, as some believe it might get delayed until […]
Good evening! Below are some of the top tech startup news stories for Monday, April 17, 2023. Apple launches its high-yield savings account with a 4.15% interest rate Apple announced Monday the launch of its Apple Card savings accounts with […]
Twitter will now allow its users to buy stocks and cryptocurrencies as part of its new partnership with the trading and social investing platform eToro. In an announcement on Thursday, eToro said it has partnered with Elon Musk-led Twitter to […]
Cash App creator Bob Lee, 43, has been reportedly killed in San Francisco. He was stabbed to death, sources told NBC Bay Area. Bob Lee, a multimillionaire tech titan who created CashApp, was stabbed to death at 2:30 am yesterday […]
Just two years ago, the COVID-19 pandemic brought national attention to the crucial role of frontline workers. These dedicated individuals, including nurses, paramedics, hospital staff, police officers, firefighters, grocery store workers, delivery drivers, and public transportation employees, put their lives […]
“Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping. The “magic” behind Block’s business has not been disruptive innovation, but rather the company’s willingness to facilitate fraud against consumers and […]
SVB Financial Group, the company that owned the failed Silicon Valley Bank, has filed for Chapter 11 bankruptcy protection to seek buyers for its assets. The news comes just a week after its former unit Silicon Valley Bank was taken over […]
Indian fintech platform PhonePe has raised $200 million in primary capital from its majority owner Walmart even as other startups struggle to raise new funding amid fallout from Silicon Valley Bank. In this funding round, PhonePe has raised $650 million […]
On February 24, we wrote about Stripe after the fintech giant announced it was close to raising $4 billion in fresh funding that will push the company’s valuation to about $55 billion, a massive discount from its record valuation of […]
Good evening! Below are some of the top tech startup news stories for Wednesday, March 15, 2023. Federal Reserve to launch a new instant payments system called “FedNow” in July The rumors about central bank full-reserve digital currency or Central […]
In less than four months, ChatGPT has grown to become the most popular and powerful AI innovation of our time. ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days […]
Good evening! Below are some of the top tech startup news stories for Tuesday, March 14, 2023. Google brings AI-powered features to Gmail and Docs as AI race heats up With the soaring popularity of OpenAI ChatGPT, Alphabet’s Google is […]
As the Silicon Valley Bank situation unravels by the hour, the US financial regulators announced Sunday night that depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13 In a joint statement, […]
Good evening! It’s another light news Friday. As a result, we’ll keep it short and sweet..Below are some of the top tech startup news stories for Friday, March 10, 2023. General Motors (GM) is exploring the use of ChatGPT […]
Up until yesterday, Silicon Valley Bank (SVB) was one of the most successful banks in the tech industry. As the name suggests, the bank was a specialized financial institution that provides loans and other financial services to startups and tech […]
The expansion of fintech companies into emerging markets presents a tremendous opportunity that could bring in tens of millions (if not hundreds) of new customers. However, both fintech companies and financial institutions are becoming more aware of the significant costs […]
For the ninth straight week, tens of thousands of people rallied against the government’s plan to overhaul the court system. But despite the rallies, the Israeli government advanced the plan to overhaul the country’s legal system, defying a mass uproar […]
Trukkr, a fintech platform for Pakistan’s trucking industry, has raised $6.4 million in a seed funding round to roll out lending products for truckers in Pakistan. The latest funding is in addition to the $600,000 seed funding Trukkr raised in […]
Michael Duncan is a Detroit, Michigan native who led the development of payment systems for the states of California and Oregon. Later, also worked as a software developer at a local credit union called Michigan First Credit Union. As part […]
Fintech giant Stripe is very close to raising $4 billion in fresh funding that will push the company’s valuation to about $55 billion, Reuters reported, citing people familiar with the matter. The new valuation will still be about $40 billion […]
