Fintech and ecommerce

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Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback

Artificial Intelligence, Business, Digital Marketing, Fintech and ecommerce, Future of work, SEO Tips, Technology, United States /

Etsy beat Wall Street on revenue, raised its outlook, and told investors it would buy back $2bn of its own shares. Then it said it was cutting 12% of its staff. The craft marketplace announced a restructuring on Wednesday that removes roughly 220 roles, most of them in product and engineering, CNBC reported. That leaves […]

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Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback Read More »

Revolut is valued at $115bn. Its founder’s new share deal targets $500bn

Business, Digital Marketing, Europe, Fintech and ecommerce, Investors and funding, Next Featured, SEO Tips, Technology /

Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valuation. Storonsky owns about 29% of Revolut today. The new package […]

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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn Read More »

A gang stole £14,244 to buy AI chatbot credits. His bank spotted the first charge and let the rest happen.

Artificial Intelligence, Data and security, Digital Marketing, Fintech and ecommerce, Insider, Security, SEO Tips, Technology /

A businessman in Sussex watched £14,244 drain out of his Metro Bank account. The money went on credits for Claude, the AI chatbot he already paid to use. Two things failed at once. Criminals had turned a chatbot into a way to cash out stolen cards. And his bank spotted the first fraudulent charge, warned […]

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A gang stole £14,244 to buy AI chatbot credits. His bank spotted the first charge and let the rest happen. Read More »

The AI memory shortage reached your phone bill, so T-Mobile will let you pay it off slower

Artificial Intelligence, Business, Digital Marketing, Fintech and ecommerce, Mobile, SEO Tips, Technology, United States /

The AI memory shortage has reached the phone-shop counter. T-Mobile is rolling out financing that lets customers walk out with a new handset for nothing down. It does this by spreading not just the device but its taxes and fees over three years. The reason its executives give is unusually blunt: chips are getting dearer, […]

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The AI memory shortage reached your phone bill, so T-Mobile will let you pay it off slower Read More »

Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Insider, Investors and funding, SEO Tips, Startups and technology, Technology /

Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth on Tuesday with money from Greenoaks, Benchmark and Diffusion, and a striking promise: to create “a new generation of millionaires.” The […]

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Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires” Read More »

Stables and access bank south africa explore new cross-border payment infrastructure

Contributed, Digital Marketing, Ecosystems, Fintech and ecommerce, SEO Tips, Technology /

The race to modernize cross-border payments is increasingly shifting toward emerging markets, where businesses continue to face high costs, settlement delays, and fragmented financial infrastructure despite growing international trade. Australian fintech Stables is the latest company looking to capitalize on that opportunity. Stables has announced a collaboration with Access Bank South Africa to explore new […]

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Stables and access bank south africa explore new cross-border payment infrastructure Read More »

Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares.

Digital Marketing, Ecosystems, Fintech and ecommerce, Investors and funding, SEO Tips, Technology /

Robinhood is launching a second publicly traded closed-end fund that will invest in private companies from the Y Combinator ecosystem. Robinhood Ventures Fund II filed to offer 7.6 million shares at $25 each, with pricing expected after market close on August 12. The fund will trade on the NYSE under the ticker RVII. Goldman Sachs, […]

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Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares. Read More »

Revolut partners with OpenAI to bundle ChatGPT Go into its subscriptions

Digital Marketing, Fintech and ecommerce, launch, Next Featured, OpenAI, SEO Tips, Technology /

Revolut is handing its customers free access to ChatGPT, the result of a new partnership with OpenAI. The fintech, which says it now serves more than 75 million people worldwide, is bundling OpenAI’s ChatGPT Go into its subscription plans, giving anywhere from three months to a year of the service at no extra cost. The […]

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Revolut partners with OpenAI to bundle ChatGPT Go into its subscriptions Read More »

Live-shopping app Whatnot is in talks to nearly double its valuation to $20bn

Business, Digital Marketing, Fintech and ecommerce, SEO Tips, Technology /

The startup, which sells everything from sneakers to sports cards over livestream, is raising again barely a year after an $11.5bn round, as live commerce catches on in the West. Whatnot, the livestream-shopping platform where hosts sell sneakers, trading cards, and vinyl to a live audience, is in talks to raise money at a valuation […]

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Live-shopping app Whatnot is in talks to nearly double its valuation to $20bn Read More »

Lava Tokenization Sandbox Gives Electric Blue the Infrastructure for a €500M Rollout in Germany

Digital Marketing, Fintech and ecommerce, SEO Tips, Sustainability, Technology /

The energy firm is the first live test case for Lava Network’s tokenization sandbox, which says it has fielded 40-plus institutional applications since June. Germany has a battery problem. Last year, the country curtailed more than 2,700 GWh of solar generation and spent 573 hours with negative electricity prices, the telltale sign of a grid […]

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Lava Tokenization Sandbox Gives Electric Blue the Infrastructure for a €500M Rollout in Germany Read More »

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