X to Launch In-Feed Crypto and Stock Trading Within Weeks
X plans to enable crypto and stock trading directly in users’ feeds within weeks.
fintech
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PayPal Shares Sink 20% After Earnings as Pelosi Sale Draws Attention
PayPal shares tumble 20% after earnings, weeks after Nancy Pelosi disclosed selling up to $500,000 of the stock.
Capital One Agrees to Acquire Brex in Major Fintech Deal
Capital One agrees to buy fintech firm Brex, expanding its reach in corporate cards and business payments.
PayPal Applies for U.S. Bank Charter to Expand Financial Services
PayPal has applied for a U.S. bank charter, aiming to expand lending, accept deposits, and deepen its role in the regulated financial system.
Revolut and Trust Wallet Enable Instant Bitcoin and Crypto Purchases Across the EU
Revolut and Trust Wallet have partnered to offer instant Bitcoin and crypto purchases to users across the EU, simplifying access to digital assets through seamless fiat-to-crypto transactions.
Western Union Launches Stable Cards and Proprietary Coin to Shield Remittances from Inflation
Western Union is rolling out stable cards and its own coin to protect remittances in high-inflation economies, aiming to modernize cross-border payments.
MrBeast Expands Into Financial Services With New Consumer Fintech Platform
MrBeast is launching a fintech platform offering banking, investing, crypto and financial tools for his global audience.
Dubai Introduces Mobile ATM Service to Elevate Event Convenience
Dubai debuts mobile ATMs that can be dispatched to events, offering full cash access with added convenience and security.
Wealthfront Targets Up to $2.05 Billion Valuation in U.S. IPO
Wealthfront targets a valuation of up to $2.05 billion in its U.S. IPO, aiming to raise as much as $485 million.
Revolut Valued at $75 Billion After Secondary Share Sale
Fintech leader Revolut reaches a $75 billion valuation following a secondary share sale led by top-tier investors.
Klarna Unveils Dollar-Backed Stablecoin Amid Intensifying Digital Payments Competition
Klarna will launch a fully backed dollar stablecoin in 2026 as competition in digital payments accelerates.
Kalshi Raises $1 Billion, Valuation Jumps to $11 Billion
Kalshi raises $1 billion, pushing the prediction-market platform’s valuation to $11 billion.
Shanghai Deploys Gold-Melting ATM That Sends Funds Directly to Bank Accounts
Shanghai now has an ATM that melts gold and transfers funds to bank accounts within 30 minutes.
Visa Launches Fiat-Funded Stablecoin Payout Pilot for Businesses and Creators
Visa’s new pilot enables fiat-funded payouts to be received as stablecoins, streamlining payments for global businesses and creators.
SoFi Becomes First Nationally Chartered U.S. Bank to Launch Crypto Trading
SoFi becomes the first nationally chartered U.S. bank to launch crypto trading, blending digital assets with regulated banking services.