American Express Expands Global Card Acceptance to Over 190 Million Merchant Locations
American Express said on Monday that its cards can now be used at more than 190 million merchant locations worldwide, with acceptance outside the United States more than doubling over the past four years....
Banks Warn of AI Shopping Agents’ Fraud and Privacy Risks
Banks including NatWest and Bank of America have warned that the growing use of artificial intelligence (AI) agents for online shopping could increase the risk of scams, fraud and data-privacy breaches. In a report...
Kaiko Raises $110 Million in Funding Round Led by S&P Global
New York-based cryptocurrency data provider Kaiko has raised $110 million in a funding round led by S&P Global, highlighting growing interest among traditional financial institutions in digital asset market data. The round also attracted...
PayPal Shares Slide After Advent-Stripe Takeover Bid Reportedly Ends
PayPal shares fell 13% in premarket trading on Friday after Bloomberg News reported that a consortium led by buyout firm Advent International and payments processor Stripe had abandoned its pursuit of the fintech company....
Polymarket Targets Over $20 Billion Valuation in New Funding Round
Prediction market platform Polymarket is reportedly seeking to raise around $1 billion in a new funding round that could value the company at more than $20 billion, according to a Bloomberg News report published...
Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation
Crypto.com has secured a $400 million investment from global market maker Citadel Securities in its first-ever institutional fundraising round, valuing the cryptocurrency exchange at $20 billion. The investment reflects the increasing convergence of traditional...
Flex Raises $70 Million, Hits $1.2 Billion Valuation
AI-powered fintech startup Flex has raised $70 million in a funding round led by Halo Fund, the venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney. According to a...