Tuesday, April 15, 2025

Fintech

HomeFintech

Popular

Fintech founder charged with fraud after AI shopping app found to be powered by humans in the Philippines

Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding...

No, Stripe is not becoming a bank

Last week, details emerged about an application that fintech giant Stripe had submitted for a U.S. banking license. There was a lot...

Deels comms chief departs amidst spying lawsuit from Rippling

Elisabeth Diana, head of communications at human resources Deel, is no longer with the company, according to her LinkedIn profile. Bloomberg first...

Stablecoin issuer Circle takes another stab at a public listing

Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes...

Javice found guilty of defrauding JPMorgan in $175M startup purchase

Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday...

Times Internet spin-out Abound raises $14M to let more Indian Americans send money home

Abound, a remittance app that was spun off by Times Internet in 2023, has raised $14 million in its first external funding round...

Read the email Jack Dorsey sent when he cut 931 of Blocks staff

Fintech Block laid off 931 people, roughly 8% of the company’s staff, on Tuesday, according to a leaked message from the company seen...

Charlie Javice trial becomes a master class in hubris for both sides

Charlie Javice’s high-profile fraud trial has become a showcase of embarrassing missteps on both sides, with eyebrow-raising details about how JPMorgan Chase was...

ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push...

Aspiration co-founder and board member defrauded investors of $145M, prosecutors say

Just over four years ago, climate-friendly fintech startup Aspiration was on the verge of a $2 billion public listing. Now, one of the...

Gozem nets $30M to expand vehicle financing, digital banking in Francophone Africa

Since its launch in 2018 as a ride-hailing service in Togo, Gozem has steadily expanded across French-speaking West Africa, integrating a wide range...

Fintech founder Charlie Javices criminal trial has begun

The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported.  Lawyers...

World News