Zopa takes on Revolut and Monzo with current account launch
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Back to Top / Tuesday, June 24, 2025, 7:20 am / permalink 8684 / 2 stories in 8 months
Project A closes €325M Fund V, boosting total assets to €1.2B
Cate Lawrence / tech - European VC firm Project A today announces the successful close of its oversubscribed €325 million Fund V, increasing its total assets under management to €1.2 billion. Project A aims to be the truste...
Back to Top / Tuesday, June 24, 2025, 6:20 am / permalink 8681 / 2 stories in 8 months
Super Micro seeks $2 billion convertible bond offering, shares react
Super Micro has announced plans for a $2 billion convertible bond offering as it looks to leverage current market conditions to fuel future growth. The news has already rattled investors, with shares dipping as market participants digest the implications of taking on significant new debt.
Back to Top / Monday, June 23, 2025, 3:21 pm / permalink 8645 / 2 stories in 8 months
Wealthfront confidential IPO filing signals public debut move
Wealthfront has confidentially filed for an IPO as it gears up to go public amid growing investor interest in its robo-advisory services. The filing underscores the company’s ambition in the competitive fintech space and marks a significant strategic milestone.
Back to Top / Monday, June 23, 2025, 12:21 pm / permalink 8617 / 0 stories in 8 months
Wolfspeed to file for bankruptcy as part of major restructuring plan
Swagath Bandhakavi / techmonitor - Wolfspeed has announced its intention to file for Chapter 11 bankruptcy as part of a comprehensive restructuring strategy.
Back to Top / Monday, June 23, 2025, 10:21 am / permalink 8609 / 2 stories in 8 months
MindsEye Maker Reportedly Facing Mass Layoff As Players Seek Refunds
Ethan Gach / kotaku - Things are going from bad to worse for Build A Rocket Boy. The studio founded by former Grand Theft Auto producer Leslie Benzies is reportedly facing a mass layoff of over 100 employees after MindsEye launched to become the worst-rated game of 2025. Despi…
Back to Top / Monday, June 23, 2025, 9:21 am / permalink 8598 / 3 stories in 8 months
Dutch fintech Finom raises 115m and eyes M&A
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Back to Top / Monday, June 23, 2025, 3:20 am / permalink 8585 / 2 stories in 8 months
Circle shares extend their rally after Senate passes landmark stablecoin bill
cnbc - Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.
Back to Top / Friday, June 20, 2025, 8:20 am / permalink 8464 / 2 stories in 8 months
Elon Musk's xAI is projected to lose $13 billion in 2025 — AI project burns $1 billion a month in expenditures
tomshardware - Elon Musk's AI startup xAI is rapidly burning through cash — spending $1 billion a month and projecting $13 billion in losses for 2025 — as it races to build massive AI infrastructure and catch up with rivals.
Back to Top / Thursday, June 19, 2025, 10:21 am / permalink 8393 / 3 stories in 8 months
Stablecoin Market Soars After U.S. Senate Passes New Regulation
Following the bipartisan passage of a stablecoin regulation bill, the market cap for these digital currencies surged to record levels. Investors are celebrating this regulatory nod as a sign of growing legitimacy—even if it took lawmakers to inadvertently kickstart a crypto rally.
Back to Top / Wednesday, June 18, 2025, 11:21 am / permalink 8324 / 2 stories in 8 months
Senate passes GENIUS stablecoin bill in a win for the crypto industry
Tina Nguyen / theverge - In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stab…
Back to Top / Tuesday, June 17, 2025, 9:20 pm / permalink 8287 / 2 stories in 8 months
JPMorgan Launches New Crypto Token on Coinbase Blockchain
JPMorgan is boldly venturing further into crypto by launching a new digital token on Coinbase’s blockchain—a stablecoin-like offering designed to appeal to modern financiers. The banking giant is mixing tradition with digital daring, much to the amusement of market watchers.
Back to Top / Tuesday, June 17, 2025, 5:21 pm / permalink 8270 / 1 stories in 8 months
Millennium stake sale valued around $14 billion
A minority stake sale discussion in the hedge fund Millennium has sparked valuation chatter at approximately $14 billion. Analysts and observers are left nodding in barely concealed disbelief as market watchers await further details on investor participation and strategic plans.
Back to Top / Monday, June 16, 2025, 5:21 pm / permalink 8138 / 1 stories in 8 months
Trump Rejects Powell Dismissal, Urges Rate Cuts Immediately
President Trump made it unequivocally clear that while Federal Reserve Chair Jerome Powell remains secure in his post, he is fervently demanding rate cuts. The remarks—laced with trademark bluntness—have stirred debate among policymakers amid an increasingly uncertain economic climate.
Back to Top / Thursday, June 12, 2025, 1:21 pm / permalink 7838 / 0 stories in 8 months
Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B.
Julie Bort / techcrunch - In 2016 when Chime desperately needed cash, over 100 VCs said no. One seed VC, took a chance and saved the company, co-founder Ryan King recalls.
Back to Top / Thursday, June 12, 2025, 1:21 pm / permalink 7837 / 2 stories in 8 months
US inflation rose less than expected to 2.4% in May - Financial Times
google - US inflation rose less than expected to 2.4% in May Financial Times
Back to Top / Wednesday, June 11, 2025, 1:21 pm / permalink 7684 / 1 stories in 8 months
Gemini Confidentially Files US IPO Amid Crypto Buzz
Gemini, the crypto exchange founded by the Winklevoss twins, has confidentially filed for a US IPO. This strategic move signals its intent to transition from private operations to the public market, drawing sharp attention from investors and regulators amid an already volatile crypto landscape.
Back to Top / Friday, June 6, 2025, 2:21 pm / permalink 7066 / 2 stories in 9 months
US May Payrolls Beat Estimates Fuel Market Reaction
Robust US job numbers for May—with payrolls rising by 139K—have surprised markets and fueled fierce debates among policymakers. The unexpected surge has led to calls for immediate rate cuts and raised questions about the underlying strength and resilience of the US labor market amid mixed economic signals.
Back to Top / Friday, June 6, 2025, 9:20 am / permalink 7033 / 1 stories in 9 months
Anysphere raises $900M for its AI-powered Cursor code editor
Maria Deutscher / siliconangle - Confirming recent rumors, code editor startup Anysphere Inc. today announced that it has closed a $900 million funding round. OpenAI backer Thrive Capital led the raise. It was joined by several other institutional investors including Andreessen Horowitz,…
Back to Top / Thursday, June 5, 2025, 7:20 pm / permalink 6990 / 2 stories in 9 months
Circle IPO soars giving hope to more startups waiting to go public
Marina Temkin / techcrunch - Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market i…
Back to Top / Thursday, June 5, 2025, 7:20 pm / permalink 6989 / 1 stories in 9 months