Fintech and ecommerce

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Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame

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. The round was led by ICONIQ, GIC, and Ontario Teachers’ Pension […]

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Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO

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 Storonsky told David Rubenstein earlier this year, “it was easier for him to recruit engineers if he had […]

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Apple is building a bill-splitting feature that photographs receipts and assigns items to friends

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 bill including item costs, tax, and tip, Bloomberg reported on Monday, citing people with knowledge of the plan. Apple […]

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Tencent is letting PayPal users pay through WeChat’s merchant network, solving China’s tourist payment problem

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, connects PayPal’s 400 million-plus user base to the payment infrastructure that covers virtually every taxi, restaurant, and […]

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Talkdesk wants its AI agents to call your customers before they call you

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 within Talkdesk’s Customer Experience Automation (CXA) platform and can be configured, tested, and deployed using templatised multi-agent workflows. The pitch […]

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Capchase raises $200 million to replace the banks slowing down enterprise tech deals

  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 from institutional investors, is the company’s largest to date and reflects growing demand for financing tools that […]

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Amazon is now selling its AI shopping technology to other retailers, and Kate Spade is the first customer

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 code, and hands-on support from AWS’s Generative AI Innovation Center into a solution that the company says can be deployed in […]

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Robinhood is letting AI agents trade stocks and spend money on your credit card

  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 consumer brokerage to open both trading and spending to autonomous software. The agentic trading system […]

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Former Citadel quants raised $78M for the AI operating system Wall Street’s wealth managers didn’t have

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 company last raised $36 million in July 2025. Moment builds infrastructure that allows wealth management firms to deploy […]

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Starling’s FY26 profit dips again as the neobank provisions for more credit losses

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. Starling Bank’s annual profit fell again in the year to 31 March 2026, Bloomberg reported on Thursday, as the Goldman-backed UK […]

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