Tag: fintech

Rakuten Group aims to integrate bank, fintech units – Times of India

TOKYO: Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across...

FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday for the massive fraud and conspiracy that doomed his cryptocurrency exchange...

Robinhood CEO defends payment for order flow, says practice is ‘here to stay’

Vlad Tenev, co-founder and CEO of Robinhood, rings the opening bell at the Nasdaq on July 29, 2021.Source: The NasdaqRobinhood CEO Vlad Tenev says...

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Binance cofounder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on Nov. 1, 2022.Ben Mcshane | Sportsfile | Getty...

Sam Bankman-Fried found guilty on all seven criminal fraud counts

A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum sentence of 115 years...

5 Startup Opportunities In Finance

The financial sector is undergoing a significant transformation, with technology at the forefront of change. Fintech startups are capitalizing on unique opportunities to...

Asia fintech MoneyHero slides on first day of trading after merger with Peter Thiel-backed SPAC

Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special purpose acquisition...

A.I. could threaten search ad market, but South Korean tech giant Naver also sees an opportunity

The Naver Corp. website arranged on a screen in Gimpo, South Korea on Sept. 9, 2021.SeongJoon Cho | Bloomberg | Getty ImagesWhile artificial intelligence...

Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and...

SEC commissioner Peirce publicly rebukes her agency, Gensler on crypto regulation

Hester Peirce, commissioner of the US Securities and Exchange Commission (SEC), speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24,...

Daily Crunch: Marqeta acquires fintech infrastructure startup Power Finance for $275M

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Kicking off...

Ex-Genesis execs claimed they raised millions for crypto hedge fund just as former company neared bankruptcy

Just weeks before crypto lender Genesis filed for bankruptcy, three former employees of the company claimed they had secured millions of dollars for a...

FTX founder Bankman-Fried sent back to Bahamas jail in day of courtroom chaos

FTX founder Sam Bankman-Fried was sent back to a Bahamas jail Monday in a chaotic courtroom scene, after a reported plan for him to...

FTX says it’s removing trading and withdrawals, moving digital assets to a cold wallet after a $477 million suspected hack

In this photo illustration, the FTX website is seen on a computer on November 10, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency...

FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value

FTT, the token native to crypto exchange FTX, lost most of its value after rival Binance, the world's largest cryptocurrency firm, announced plans to...

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