Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. …
Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storon…
Apple is preparing a new iPhone feature that lets users photograph a restaurant receipt, assign individual items to different people, and automatically generate payment requests through Apple Cash. The tool will calculate each person’s share of the bil…
Tencent has announced that PayPal users will be able to make cashless payments in China by scanning QR codes through WeChat Pay’s merchant network. The integration, which will be available to US-based PayPal users first with more markets to follow, con…
Talkdesk has launched proactive AI agents designed specifically for retail and financial services, moving the company from a platform that handles inbound customer queries to one that initiates outbound engagement autonomously. The new agents sit withi…
Capchase, a New York-based vendor financing platform for enterprise technology companies, has raised more than $200 million in new funding to scale its embedded lending infrastructure globally. The round, a mix of debt warehouse facilities and equity…
Amazon Web Services has launched a product that lets retailers build their own AI-powered shopping assistants using the same technology that powers Amazon’s Alexa for Shopping. The AWS Agentic Shopping Assistant packages architecture guidance, starter …
Robinhood has launched a platform that lets users connect AI agents to their brokerage accounts to execute stock trades autonomously. The company is also introducing a virtual credit card designed specifically for AI agents, making it the first major…
Moment, the fintech company founded by a cohort of former Citadel Securities quantitative traders and researchers, has raised $78 million. The round was led by Index Ventures with participation from existing investors Andreessen Horowitz and Avra. The …
The Goldman-backed UK challenger has booked a second consecutive annual decline as it takes additional expected-credit-loss provisions, on top of the FY25 fallout from the BBLS Covid-loan compliance issue and the FCA’s £29m anti-money-laundering fine. …