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Robinhood Plans Crypto Trading Expansion in Europe
Robinhood Plans Crypto Trading Expansion in Europe
November 07, 2023  |  Earnings

In its third-quarter earnings call on Tuesday (Nov. 7), cryptocurrency investment platform Robinhood said it would be expanding its crypto trading offerings. The company plans to...

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Mobile eCommerce Platform Wish Reports 52% Decrease in Q3 Revenue
Mobile eCommerce Platform Wish Reports 52% Decrease in Q3 Revenue
November 07, 2023  |  Earnings

Mobile eCommerce platform Wish released its third quarter results on Tuesday (Nov. 7). The company reported total revenues of $60 million, a 52% decrease from...

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Froda and Ageras Collaborate to Provide Financing for SMBs
Froda and Ageras Collaborate to Provide Financing for SMBs
November 07, 2023  |  SMBs

Stockholm-based FinTech company Froda and Copenhagen-based Ageras are partnering to provide small- to medium-sized businesses (SMBs) across Europe with better access to financing. Through Froda Emedded, the companies aim...

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Black Ore Raises $60 Million and Debuts AI Tool for Accountants
Black Ore Raises $60 Million and Debuts AI Tool for Accountants
November 07, 2023  |  Investments

Artificial intelligence (AI) startup Black Ore emerged from stealth after raising $60 million. The company, founded by FinTech entrepreneurs Eyal Shinar and Pavel Kapovski, rolled...

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Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
November 07, 2023  |  Regulation

A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told...

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CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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SBF Conviction Could Fuel FTX Celebrity Lawsuits
SBF Conviction Could Fuel FTX Celebrity Lawsuits
November 07, 2023  |  Legal

The criminal case against FTX founder Sam Bankman-Fried reached its climax last week. The civil cases involving his former company, however, are ongoing. Bankman-Fried’s conviction...

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King Charles’ First Speech Highlights Consumer Protections
King Charles’ First Speech Highlights Consumer Protections
November 07, 2023  |  Regulation

The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in...

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Refurbed Raises $57 Million to Promote Sustainability in Europe
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023  |  Investments

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...

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