Wormhole, an interoperability platform for blockchains, has secured $225 million in a funding round, valuing the company at $2.5 billion. This investment will enable Wormhole...
Binance’s new CEO Richard Teng said he will keep the cryptocurrency exchange’s core team intact as he steers the company through regulatory challenges. Teng said in a...
Apparel seller J. Crew has launched a multi-year credit card program with Synchrony and Mastercard. The collaboration, announced Wednesday (Nov. 29), will see J. Crew and Synchrony team to launch...
Money transfer FinTech Paysend has raised $65 million in a new funding round. The round, announced Wednesday (Nov. 29), follows Paysend’s recent partnership with Mastercard, which allows the company to enhance cross-border...
Stability AI, a British artificial intelligence (AI) startup, is reportedly considering selling the company amidst mounting pressure from investors over its financial position. The London-based...
Lending-as-a-service solution provider Rapid Finance and spend management platform Ramp have partnered to provide small businesses with faster access to capital. Small businesses on Ramp’s platform can now gain...
So far, this year’s holiday has been one of superlatives. Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend....
Last week, Binance agreed to pay $4 billion to resolve a Department of Justice investigation. Although that case is in the rearview mirror, the world’s...
FreightTech company Flock Freight has released an open letter addressed to Biden administration officials that offers the company’s help in optimizing the nation’s supply chains....