Skip to content

BoE issues warning over potential AI bubble

UK investors should prepare for the possibility of a sharp correction in the value of UK stocks due to falsely inflated valuations for AI companies, according to the Bank of England.

Carvana originations up 35.5% YoY

Carvana’s originations jumped 35.5% year over year in the third quarter as sales increased.  “We had record performance in virtually…

Nigerian BaaS startup Anchor raises $2.4 million

Nigerian Banking-as-a-Service platform Anchor has raised $2.4 million in seed funding from a number of prominent investors, including Goat Capital, FoundersX and Rebel Fund, alongside existing backers Y Combinator and Byld Ventures.

Trump pardons Binance founder Zhao

Donald Trump has pardoned Changpeng Zhao, the billionaire founder of crypto exchange Binance, who served prison time after pleading guilty in 2023 to enabling money laundering on the platform.