Financial services platform Stripe is introducing a digital wallet specifically built for the AI era, where autonomous agents can perform tasks that include shopping, paying for reservations, buying tickets, and more. At its annual conference this week, the company introduced Link, a wallet that allows you to connect various payment …

Skio, a 2020 Y Combinator alum that was founded by self-described college dropout Kennan Frost, has been acquired by competitor Recharge, the companies announced on Thursday. Both Skio and Recharge make products that handle subscription payments for brands. While the official press release did not disclose the terms of the …

Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED, MobiKwik, and Flipkart’s Super. money are scheduled to meet the National Payments …

Silicon Valley tends to tolerate a certain amount of founder exaggeration when pitching investors, often dismissing it as part of selling a vision. But some choices cross the line and can lead to jail time for founders and scandal for their investors. A case in point is Joseph Sanberg, whose …

The Philippines has millions of unbanked adults, and its consumer lending market is starting to catch up. Salmon, a Manila-based consumer finance app, just raised $60 million in equity and $40 million in debt to bring digital banking to Filipinos. Salmon was founded by Pavel Fedorov, George Chesakov, and Raffy …

British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public. The company is targeting a market cap between $150 billion and $200 billion in an initial public offering, the Financial Times reported on Tuesday, citing anonymous investor sources. The fintech giant, which secured a …

Jack Zhang was 34 years old, three and a half years into running a startup, and sitting across from one of the most powerful investors in Silicon Valley. Michael Moritz of Sequoia had invited him to his home — a place with, Zhang recalls, a couple of floors and a …

Slash Financial, which offers business banking accounts, corporate credit cards, transfers, and crypto, has raised a $100 million Series C round at a $1. 4 billion valuation from a crowd of A-list investors, the company announced. Fintech-focused Ribbit Capital, Khosla, and Goodwater Capital led the round. Returning investors NEA and …

Airwallex, the Australian fintech that has spent a decade quietly building global payments infrastructure, is moving into in-person payments. The move deepens its rivalry with Stripe across the payments stack, and enables the startup to directly aim at Square and Adyen on one of the last major battlegrounds in financial …

OpenAI has acquired personal finance startup Hiro Finance, founder Ethan Bloch announced on Monday and OpenAI confirmed to TechCrunch. The startup was backed by A-list fintech VC firm Ribbit, as well as General Catalyst and Restive. Terms of the acquisition were not disclosed, nor did Hiro ever disclose how much …