Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16. 6 million funding round. The investment comes as the company works to carve out a position in cross-border B2B payments, a market still dominated by banks and manual processes. The Series A round …

Peak XV announced on Friday that it has raised $1. 3 billion across new India and Asia-focused funds. The firm, which now manages more than $10 billion in assets, is sharpening its focus on artificial intelligence and cross-border bets amid intensifying competition for deals in the region. The capital will …

Even without a background in accounting, anyone who has ever glanced at a 10-K or 10-Q can tell that preparing financial statements is a complex, tedious process. While legacy platforms like Workiva and Donnelley Financial Solutions aim to streamline financial reporting, longtime accountants Mary Antony (pictured right) and Kelsey Gootnick …

As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in India. The partnership will see …

In Brief Figure Technology, a blockchain-based lending company, confirmed it experienced a data breach. On Friday, Figure spokesperson Alethea Jadick told TechCrunch in a statement that the breach originated when an employee was tricked with a social engineering attack that allowed the hackers to steal “a limited number of files. …

It’s already quite easy to use Cash App. However, on Wednesday, the payment platform owned by Block, Inc. introduced a new feature designed to make its user experience significantly easier: payment links. The feature allows app users to send payments via a hyperlink that can be attached to a variety …

YouTube megastar MrBeast announced on Monday that his company, Beast Industries, is buying Step, a teen-focused banking app. Step, which raised half a billion in funding and has grown to over 7 million users, offers financial services geared toward Gen Z to help them build credit, save money, and invest. …

In Brief Giannis Antetokounmpo of the Milwaukee Bucks announced Friday that he has joined prediction market Kalshi as a shareholder, making him the first NBA player to invest directly in the company. “The internet is full of opinions. I decided it was time to make some of my own,” said …

HBO’s hit financial thriller “Industry” has delivered one of its most compelling storylines yet this season: a hunt to expose a fraudulent fintech company called Tender. The show follows Harper Stern, who’s leading her newly launched investment firm and looking for a company to short — essentially, betting that its …

People without coding backgrounds are discovering that they can build their own custom apps using vibe coding — solutions like Lovable that turn plain-language descriptions into working code. While these prompt-to-code tools can help create nice prototypes, launching them into full-scale production (as this reporter recently discovered) can be tricky …