Saturday, June 7, 2025

Fintech

Ramp is trying to get the US government as a customer after seeing a tweet from DOGE

Expense management startup Ramp is being considered for a charge card pilot program by the U.S. government’s General Services Administration, the company confirmed...

Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game?

When Visa invested in Nigerian fintech Moniepoint earlier this year, it didn’t just validate the newly minted unicorn — it signaled a bold...

Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation

U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and...

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...

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