Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood’s CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.

How SoFi Went From Fintech Darling To Wall Street Pariah

Former investment banker Anthony Noto built SoFi into a lending juggernaut, helping to push its valuation to nearly $40 billion. Now Wall Street is doubting its impressive results and its business model.

Pleo undertakes fresh round of job cuts, around 50 laid off

Pleo, the spend management fintech, has undergone a fresh round of job cuts, with around 50 staff understood to be laid off. The latest cuts follow Pleo laying off around 100 workers last year. The la…

sunbay.io raises €550K to automate invoice collection for finance teams

Warsaw-based sunbay.io, a platformhelping finance teams recover overdue invoices faster, has raised €550,000 infunding from Kogito Ventures, with participation from s20 and a group of angelinvestors, …

Capsa AI raises $18M to expand its AI platform for private capital

CapsaAI, the startup building an AI operating system for private capital, has raised$18 million in a Series A round co-led by TX Ventures and Pivot Investment Partners, with significant participation …

Startup Battlefield 200 applications officially close in 3 days

Applications for Startup Battlefield 200 officially close on June 8, 11:59 p.m. PT. Don’t wait any longer. Secure your shot at competing on the Disrupt Stage at TechCrunch Disrupt 2026 this October at San Francisco’s Moscone West.

“Huge wave coming over financial services industry,” says boss of “Europe’s first AI-native bank”

German fintech Solaris recently announced plans to become “Europe’s first AI-native bank”, undertaking a “strategic repositioning” following a troubled few years. Solaris, valued as a unicorn at aroun…

Ramp raises $750M at $44B valuation as investors hunger for fintechs with an AI story

Ramp has nearly tripled its valuation over the past year as investors scramble to grab a part of the fast-growing startup.

Paypercut secures €5M to scale cross-border payments in CEE

Paypercut,a European fintech company providing payment infrastructure for onlinemerchants across Central and Eastern Europe (CEE), has raised €5 million inseed funding. The round was co-led by Concent…