PayPay, Japan’s leading mobile payment app, has reportedly postponed its U. IPO due to market volatility and recent conflict in the Middle East. The company was planning to release its IPO price range on Monday, March 2. PayPay aimed for a valuation of at least ¥1. 5 trillion ($10 billion), …

Stripe on Monday released a preview of a new feature that could help AI startups (and other companies) solve the problem of passing through the underlying costs of AI model usage to their customers. Stripe’s feature, however, goes even further than just passing through the costs of the tokens. It …

Prediction market users have made — and profited from — big bets around the bombing of Iran by the U. On Polymarket, $529 million was traded on contracts tied to the timing of the attack, according to Bloomberg. An analysis by analytics firm Bubblemaps SA found that six newly-created accounts …

Plaid, a company that connects financial applications to users’ bank accounts, enabling payments and data verification, has allowed employees to sell some of their shares at an $8 billion valuation, the company confirmed to TechCrunch on Thursday. The valuation represents a 31% increase from the $6. 1 billion valuation the …

OpenAI has fired an employee over the employee’s activity on prediction markets, including Polymarket, the company confirmed to Wired. The employee used confidential OpenAI information in connection with the trades made, the company alleges. OpenAI didn’t release the name of the employee. However, a spokesperson said that such actions violated …

PayPal may not be pursuing an acquisition, Semafor reported, citing people familiar with the matter. Earlier this week, Bloomberg reported that Stripe expressed interest in buying some or all of PayPal Holdings, which includes the flagship product PayPal and its services, as well as other companies like Venmo. Stripe declined …

Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking …

When Alan Cole saw Elon Musk fans eagerly bidding up a contract on the prediction market Kalshi that the Department of Government Efficiency (DOGE) could effectively reduce federal spending in a year, he knew he had to take the bet, according to a story about Cole’s winnings in The Wall …

AI has brought the startup world the rise of a new phenomenon: startups that almost instantly hit multimillion-dollar ARR (annual recurring revenue). Stories abound of founders going from zero to $10 million, or as much as $100 million, in annual recurring revenue in a matter of months. To be fair, …

Stripe is considering a deal to buy some or all of PayPal Holdings, sources told Bloomberg, though talks are still in their very early stages and the deal may not happen. The news comes the same day Stripe released its annual letter, giving updates on the business. The big news …