China’s market regulator fined Trip.com Group $765 million on Saturday after concluding that the country’s largest online travel platform abused its dominant market position. The State Administration for Market Regulation said Trip.com used its traffic…
Stripe wants a foothold in AI, and it is willing to pay dearly for it. The payments company is in talks to buy OpenRouter for about $10 billion, the Wall Street Journal reported. That is a staggering price for a startup valued at just $1.3 billion in M…
Shares in Wise fell about 10% on Friday after the US Office of the Comptroller of the Currency declined the money-transfer firm’s application for a national trust bank charter, the licence that would have wired it directly into the Federal Reserve’s pa…
Revolut confirmed on Tuesday that a secondary share sale has valued the digital bank at $115 billion, a 53 percent jump from the $75 billion it reached in November 2025. The sale priced shares at $2,017 each, according to Bloomberg. The valuation makes…
Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A…
Apple is preparing to launch Apple Upgrade, a device leasing program backed by Klarna that will mark one of the biggest changes to how the company sells hardware, Bloomberg reported on Monday. The service is planned to go live on July 28 and will suppo…
The next big customer for a payments company may not be a person at all. It may be an AI agent, and a startup called Natural has raised $30 million to serve it. The Series A was led by Kirsten Green at Forerunner Ventures, and closed when Natural was j…
Ant International, the overseas affiliate of Chinese fintech group Ant Group, has raised about $1.2 billion in a fresh equity round to fund its expansion into markets beyond its home turf. The company confirmed the raise, describing it as capital to sp…
The Galaxy Card pays 5% back on Samsung purchases and lives entirely inside Samsung Wallet, as the company signals plans that run beyond a single co-branded card. Samsung has launched its first credit card in the United States, the Samsung Galaxy Card,…
Alibaba’s AliExpress has been hit with a €550 million ($629 million) fine from the European Union. Brussels says the Chinese shopping platform failed to keep illegal, unsafe and counterfeit products off its site. The penalty, announced on Monday, is th…