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SoFi’s CEO defends use of fair value accounting
SoFi’s CEO, Anthony Noto, defends the use of fair value accounting, PagSeguro rebrands into PagBank, and Klarna launches a credit “opt-out” feature
Toast’s CEO sees multiple levers for growth
Notes from J.P. Morgan Technology, Media & Communications Conference: Toast’s management sees multiple levers for further growth, Marqeta’s new CEO…
Venture firm QED raises nearly $1 billion to invest in Fintech startups
Venture firm QED raises $925 million to invest in Fintech startups, Airbnb partners with Stripe to enable paying for stays with bank payments, and Visa…
Wise CFO to depart the firm next year
Wise CFO will depart the money transfer firm next year, PayPal’s Venmo introduces accounts for teens, and Australia plans to regulate the Buy Now Pay…
PayPal targets small businesses to improve margins
PayPal targets small businesses as it is pressured to improve margins, and Coinbase plans to bring US products to Europe, sees opportunities in…
PayPal explores sale of its remittance business
PayPal is pressured to sell its remittance business Xoom, Coinbase launches Coinbase One in Europe, and Lightspeed stock plummets on soft guidance
Stone's profitable streak continues
Brazil’s Stone posted another profitable quarter, expects to continue growing, dLocal quadrupled its revenue outside of Latin America, and Robinhood…
Warren Buffett bets on Capital One
Warren Buffett’s Berkshire Hathaway invests in Capital One, Square published a random presser about its Square for Restaurants offering, and Paysafe…
Nubank remains bullish on opportunities in Mexico and Colombia
Nubank reported another profitable quarter, remains bullish on opportunities in new markets, Upstart secured funding for its loan marketplace, and…
Nubank, Stone and XP will report their Q1 2023 results this week. What to expect?
Brazil’s Nubank, Stone and XP will report their first quarter 2023 results this week, Inter receives a US brokerage license, and Truist analysts call…
What's next for MoneyLion and Dave?
Fintech Headlines for May 11, 2023: What's next for MoneyLion and Dave? Bitcoin miners Marathon Digital and Riot Platforms work more, but earn less
Robinhood launches 24-hour trading
Fintech Headlines for May 10, 2023: Robinhood is launching 24-hour trading, Nuvei gives Ryan Reynolds a crash course in Fintech investing, and Marqeta…
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