Kalshi raises $1B at $11B valuation, doubling value in under two months
The latest funding comes less than two months after Kalshi announced that it raised $300 million at a $5 billion valuation.
Kalshi raises $1B at $11B valuation, doubling value in under two months
The latest funding comes less than two months after Kalshi announced that it raised $300 million at a $5 billion valuation.
Black Friday Spending Hit $11.7B in US, Adobe Says
From the rapid ascent of mobile commerce to the expanding influence of AI on product discovery, the data shows a marketplace undergoing rapid modernization.
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Black Friday Sees Surge in AI-Assisted Shopping in UK
Consumers place growing trust in agentic commerce, according to new UK research from payments consultancy PSE Consulting.
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EU Reaches Landmark Deal to Curb Online Payment Fraud
The accord covers two major legislative texts: the Payment Services Regulation (PSR) and the Third Payment Services Directive (PSD3).
The post EU Reaches Landmark Deal to Curb Online Payment Fraud appeared first on TechRepublic.
Crypto Exchange Upbit Suffers Security Breach After $10B Deal
The timing is awful. The breach occurred just hours after its parent company, Dunamu Inc., unveiled a massive $10.3 billion takeover by tech giant Naver Corp.
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UK Budget 2025: Reactions From Tech Leaders
While many leaders welcome fresh commitments to AI infrastructure and innovation, others warn about limited investment and a lack of cyber resilience.
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UK Budget 2025: Reactions From Tech Leaders
While many leaders welcome fresh commitments to AI infrastructure and innovation, others warn about limited investment and a lack of cyber resilience.
The post UK Budget 2025: Reactions From Tech Leaders appeared first on TechRepublic.
Crypto Thieves Steal Solana via Hidden Chrome Extensions
Socket researchers identified a malicious Chrome extension that manipulates Raydium swaps.
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UK Budget 2025: Government Bets on AI and Startups
The Labour government’s Budget demonstrates renewed intent to support AI, but there is an absence of a fully integrated digital strategy.
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Open Banking Launches in Switzerland
The rollout allows individuals to consolidate account information from multiple banks into a single application.
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Insurers Scale Back AI Coverage Amid Fears of Billion-Dollar Claims
The rapid integration of AI systems into everyday business operations has left many insurers wondering: Who pays when an AI makes a mistake?
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SitusAMC Cyber Breach Sparks Fallout for JPMorgan, Citi, and Morgan Stanley
A cyberattack on fintech firm SitusAMC has major US banks scrambling to assess potential data exposure tied to mortgages and real estate loans.
The post SitusAMC Cyber Breach Sparks Fallout for JPMorgan, Citi, and Morgan Stanley appeared first on TechR…
SitusAMC Cyber Breach Sparks Fallout for JPMorgan, Citi, and Morgan Stanley
A cyberattack on fintech firm SitusAMC has major US banks scrambling to assess potential data exposure tied to mortgages and real estate loans.
The post SitusAMC Cyber Breach Sparks Fallout for JPMorgan, Citi, and Morgan Stanley appeared first on TechR…
Revolut hits $75B valuation in new capital raise
by Ram Iyer
The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.
Source: Kalshi’s valuation jumps to $11B after raising massive $1B round
The quickly growing prediction betting market raised fresh capital from Sequoia and CapitalG, according to someone familiar with the deal.
EU Unveils ‘Simpler’ Digital Rules and New Business Wallets
The plan is to drastically cut administrative burdens, simplify compliance, and accelerate technological innovation across the European Union.
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Credit risk automation platform Kaaj raises $3.8M seed from Kindred Ventures
Kaaj announced on Wednesday a $3.8 million seed round from Kindred Ventures and Better Tomorrow Ventures.
Ramp hits $32B valuation, just three months after hitting $22.5B
by Julie Bort
In 2025 alone, Ramp has leapt from being worth $13 billion to $32 billion with new rounds every few months.
Sequoia-backed fintech Aspora will let Indian diaspora pay bills back home
by Ivan Mehta
UK-based Aspora, which has focused on remittances, will let non-resident Indians pay bills back home.
Sequoia-backed fintech Aspora will let Indian diaspora pay bills back home
by Ivan Mehta
UK-based Aspora, which has focused on remittances, will let non-resident Indians pay bills back home.
Crypto’s $28B Dirty-Money Problem
An investigation by the ICJ, The New York Times, and 36 partner newsrooms reveals grime beneath the surface of growing legitimacy.
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Danish startup FlatPay joins the club of European fintech unicorns to track
by Anna Heim
Flatpay’s bet is that it can challenge larger players by charging small merchants a flat transaction rate to use its card terminals and point-of-sales systems.
Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.
Europol Leads Major Strike on Global Cybercrime Infrastructure
Operation Endgame targeted the infostealer Rhadamanthys, the Remote Access Trojan VenomRAT, and the botnet ecosystem known as Elysium.
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