Revolut launches AI unit as proclaims virtues of proprietary AI

Revolut has today launched a unit dedicated to AI research across financial services, as it sets out its belief in building as much of the AI stack in-house and not relying on third parties. Revolut s…

Dutch AI-native financial services startup Neno secures €6.6M for European expansion

Amsterdam-based AI-native financial servicescompany Neno has raised €6.6 million in seed funding to develop its technology,expand its accounting and tax services and enter additional European markets….

Walmart to finally start accepting Apple Pay and Google Pay

Are pigs flying? Walmart has finally caved on its refusal to support Apple Pay and Google Pay.

Ramp launches its own AI model router, called Router

Ramp has launched its own AI model routing service, dubbed Router, that lets users and companies use and switch between various large language models via an API.

Inside PayPal Mafia Billionaire Max Levchin’s Slow-And-Steady Path To Fintech Profitability

Despite racking up more than $2 billion in losses while sticking to a do-it-yourself strategy, buy-now, pay-later pioneer Affirm is finally profitable—and worth $25 billion.

Monzo chairman Gary Hoffman to stand down after nearly eight years

The chairman of Monzo’s board, who was reportedly in a boardroom battle with some Monzo shareholders over the departure of its former CEO, is standing down from the role. Banking veteran Gary Hoffman …

Talks to sell PayPal to Stripe and Advent are heating up

PayPal is still reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm’s new CEO attempts to turn the company around.

New Monzo CEO "huge advocate" of Monzo’s business bank

The new CEO of Monzo is a “huge advocate” of Monzo’s business bank, according to its general manager, who hailed hitting one million business customers as “really big”.Last month, the UK digital bank,…

Klarna and Zilch launch new paid membership packages

Swedish fintech giant Klarna and UK payments fintech Zilch have today launched new membership packages, as they look to take on incumbent credit card firms and lock in customers with perks. Klarna has…