Affirm CEO: Recession Will Prove Our Underwriting Smarts
Affirm CEO: Recession Will Prove Our Underwriting Smarts
August 14, 2022  |  Buy Now Pay Later

Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to...

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Stoa Raises $100M for House-Flipping Platform
Stoa Raises $100M for House-Flipping Platform
August 14, 2022  |  Real Estate

Stoa, the Arizona company that debuted the FlipOS by Stoa platform for single-family home investors, has gotten another $100 million securitization toward helping to close...

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Today in Crypto: Binance Recovers $450K Stolen From Curve.Finance; Buterin Estimates Sept. 15 for Ethereum Merge
Today in Crypto: Binance Recovers $450K Stolen From Curve.Finance; Buterin Estimates Sept. 15 for Ethereum...
August 14, 2022  |  Cryptocurrency

India’s Enforcement Directorate, which works on probing financial crimes, announced Friday (Aug. 12) that it has frozen assets worth around 3.7 billion rupees ($46.4 million)...

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Europeans Spared Summer Facebook Blackout as Decision on Meta’s EU Data Dispute Stalls
Europeans Spared Summer Facebook Blackout as Decision on Meta’s EU Data Dispute Stalls
August 14, 2022  |  Meta

Dealing with European Union bureaucracy remains an uphill battle for U.S. Big Tech firms. And for Meta (formerly Facebook), its clash with Ireland’s privacy watchdog...

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Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
August 14, 2022  |  eCommerce

Zalando, the biggest European online fashion retailer, doesn’t think the current slowdown on internet shopping will last, Financial Times (FT) wrote Sunday (Aug. 14). Get...

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UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in Full Swing
UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in...
August 14, 2022  |  Mena

The Central Bank of the United Arab Emirates (CBUAE) released its 2021 Financial Stability Report this month detailing measures put in place to mitigate the...

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Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
Brazilian Crypto Platform BlueBenx Suspends Withdrawals, Reports $31M Hack
August 14, 2022  |  Cryptocurrency

Brazilian cryptocurrency investment platform BlueBenx has become the latest crypto company to suspend withdrawals, citing an alleged hack that cost the company over $31 million....

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Gaming Sales, Engagement Slide as Discretionary Spending Shrinks
Gaming Sales, Engagement Slide as Discretionary Spending Shrinks
August 14, 2022  |  Connected Economy

As gamers return to real-world pursuits and cut spending in the wake of economic woes, gaming companies are in trouble. Get the Full Story Complete...

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In Tight EV Market, Startup Offers Vehicle Subscriptions
In Tight EV Market, Startup Offers Vehicle Subscriptions
August 14, 2022  |  Subscription Commerce

As electric vehicles (EVs) become a more popular option, Autonomy, a California startup focused on EVs, is adding services to let people access the vehicles...

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