Business
Anthropic Eyes $6 Billion Acquisition of Decart AI to Slash AI Costs
Anthropic aims to acquire Decart AI for $6 billion to reduce AI…
Startup
Fintech
Monzo Attracts One Million Business Customers in Major UK Milestone
Monzo, a UK-based digital banking firm, has reached a significant milestone by achieving one million business customers since launching its business banking services in 2020. The company attributes part of…
Navi Pursues $2 Billion Valuation With Planned IPO Launch
Navi plans a public offering, targeting a $2 billion valuation in India. Founded by Flipkart's co-founder, Navi aims for a…
Thredd Enables Cashi’s Stablecoin Payment Card Rollout
Thredd partners with Cashi to introduce a stablecoin spending card. Cashi’s card program starts in Hong Kong, with plans for…
Adyen and Toast Expand FinTech Reach in the US
Adyen and Toast expand partnership to the U.S. market. Toast integrates Adyen to enhance payment solutions for service sectors. The…
European Central Bank Imposes Restrictions on Revolut’s Product Approvals
European regulators restricted Revolut over product approval speed concerns. Revolut initiated compliance assessments following the European Central Bank's restrictions. The UK recently granted Revolut a full banking license amidst regulatory…
Revolut Secures French Banking License to Expand in Western Europe
Revolut secured approval for a French banking license from the ACPR and ECB. The move allows for more tailored services…
Chime Boosts Lending with Prequalification and Direct Deposits
Chime's lending grows via efficient use of direct deposits. Instant Loan originations increased by 70%, reaching $300 million. AI optimizes…
10x Banking Secures Significant Funding to Fuel Growth
10x Banking receives £40 million funding from AshGrove Capital. The fintech aims to enhance market offerings and expand its client…
