EToro files for US IPO – FT
EToro has filed confidentially for a US initial public offering that could value the online investment platform at more than $5 billion.
Google Ventures leads $18 million round in Climate X
Climate risk intelligence company Climate X has raised $18 million in a Series A investment round led by Google Ventures with support from by Pale blue dot, CommerzVentures, A/O, Blue Wire Capital, PT1, Unconventional Ventures and Western Technology Investment (WTI).
3 new executives reinforce management as Veros Credit eyes more market share
Veros Credit on Monday recapped the addition of several key executives as part of its strategic initiative to expand operations and strengthen its presence across the United States. By leveraging cutting-edge systems and models to enhance the user experience of … [Read More]
A ‘shame’: Powersports leaders weigh in on potential HDFS sale
The news that Harley-Davidson could be exploring a sale of its financing arm Harley-Davidson Financial Services is sparking concerns that…
Standard Chartered to digitise the supply chain with Infor Nexus
Standard Chartered is looking to ease the supply chain finance headache for business clients through an arrangement with the Infor Nexus Network
KPA elevates CFO to be CEO
On Thursday, KPA promoted one of its top executives to be CEO. The provider of environment, health, and safety and workplace compliance solutions announced the appointment of Michael Bruns as chief executive officer. KPA highlighted Bruns brings more than 30 … [Read More]
OpenAI tests in-chat payment checkout system
OpenAI is planning to integrate a payment checkout system into ChatGPT in a bid to boost revenues, according to the Financial Times.
SIA CloudNet connects hosted applications to major payment networks
Italy’s SIA has launched a dedicated connection channel to major payments networks for banks running applications hosted by top cloud providers, such as Amazon Web Services and Microsoft Azure.
Canada shelves retail CBDC work
After years of research, the Bank of Canada says it is “scaling down” its work on a retail central bank digital currency.
Tumelo raises $19m
Tumelo, a UK startup that helps investment platforms and pension providers give investors insight into which firms their money is being put into, and a voice on issues such as board diversity and climate change, has raised $19 million.
Inside Carvana’s digital focus with VP of finance
Carvana is leaning on technology to address affordability concerns while preparing for growth. Tempe, Ariz.-based Carvana is consistently working…
Climate coalition publishes green digital practices guidebook
The Every Action Counts (EAC) coalition has put together a guidebook designed to help firms engage with consumers on climate issues.
Bitcoin ‘inventor’ ordered to pay $5bn
An Australian IT security consultant who claims to have invented the virtual currency bitcoin has been ordered by a US judge to hand over more than half of his bitcoin holdings, estimated to be in the region of $5bn, to the estate of his alleged former business partner.
CFTC report makes urgent call for data to mitigate climate risk
In the first ever comprehensive recommendation to be provided by a US financial regulatory agency to other regulators and financial institutions, the US Commodity Futures Trading Commission’s (CFTC) Climate-Related Market Risk Subcommittee has released a strong warning signal about climate risk management.
Fintech players team on API ecosystem
A collection of fintech players, including Nasdaq, Yodlee, Tradier and Level39, have joined forces to create an ecosystem that connects developers with APIs.