Steve Ballmer blasts founder he backed who pleaded guilty to fraud: ‘I was duped and feel silly’
Steve Ballmer wrote a fiery letter in the sentencing of disgraced founder Joseph Sanberg documenting all the harm that's befalling him as an investor.
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Tim Cook is stepping down. What happens to Apple now?
Tim Cook plans to step down from his CEO role in September, handing the reins to hardware chief John Ternus. Ternus may be inheriting one of the most …
Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
Salmon is targeting underbanked Filipinos, with little to no credit history, as well as people unhappy with the incumbent lenders' reliability issues.
Revolut eyes valuation of up to $200B in eventual IPO
Fintech giant Revolut, which secured a full banking license in the U.K. in March after years of waiting, was most recently valued at $75 billion in a …
Cash App is targeting a new kind of customer: 6-12 year olds
Tech companies are constantly on the hunt for new customers, and Cash App, the fintech company owned by Jack Dorsey’s Block, believes it has fou…
Once close enough for an acquisition, Stripe and Airwallex are now going after each other
For most of its life, Airwallex and Stripe have mostly operated in different geographies, selling to different buyers. That's changing.
Slash, a Ramp competitor founded by teenagers, raises $100M at $1.4B valuation
Five years later the founders, now 24 years old, say their startup has achieved $300 million in annualized revenue.
Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world
Airwallex, valued at $8 billion, is launching a point-of-sale product that lets businesses accept in-person payments in multiple countries via a singl…
OpenAI has bought AI personal finance startup Hiro
The acquisition indicates a capability that OpenAI is building into ChatGPT: financial planning.
Kalshi wins temporary pause in Arizona criminal case
The Commodity Futures Trading Commission announced Friday that it has won a temporary restraining order preventing Arizona from pursuing its criminal …
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API Testing Strategies in Fintech: Real Challenges and Solutions
API testing strategies for fintech help teams manage compliance, integrations, and AI adoption across complex platforms. See how Abstracta approaches …
Finance in 2026: Three Priorities Already Defining the Agenda
The financial agenda for 2026 is already taking shape around three priorities: AI impact, digital quality, and internal capabilities. The post Finance…
The Hidden Side of AI Adoption in Finance: “There’s No End-to-End Process Perspective”
Mario Ernst analyzes the structural mistakes that are leading financial institutions to accumulate proof-of-concept initiatives, isolated automations,…
Fintech Expansion Checklist for New Countries
Expanding into new countries forces fintech companies to make decisions that affect software, operations, and compliance throughout the lifecycle. The…
AI SaaS Product Classification Criteria for Banking and Fintech
AI SaaS product classification criteria. A practical framework focused on governance, compliance, and enterprise decision-making for banking and finte…