Fasset Hits $1B Valuation as SBI Leads $68M Round
Three months after a $51M raise, the LA-based stablecoin neobank lands unicorn status with SBI's Ripple, Circle and Morpho ties opening payment rails across Japan, Asia and emerging markets.
Every Zipp story tagged #Fintech, newest first.
Three months after a $51M raise, the LA-based stablecoin neobank lands unicorn status with SBI's Ripple, Circle and Morpho ties opening payment rails across Japan, Asia and emerging markets.
The proposed acquisition would push Stripe beyond payments into AI model routing, giving it exposure to how developers access competing models.
Analysts stayed constructive after the Q2 beat, but Mizuho's question cuts at whether the 40% headcount cut is actually translating to a leaner cost base.
Crypto still represents a sliver of SoFi's $1.2B quarterly net revenue, but William Blair sees the segment helping drive a product growth inflection across the fintech.
The 53% markup in under a year, lifting Revolut past Barclays, lands alongside a UK banking license and a US charter pursuit as crypto banking goes mainstream.
The raise lands at unicorn status for a startup positioning itself as the cross-rail bridge between stablecoins and traditional payment networks like Swift, ACH and SEPA.
Tiger Global led the $1B-valuation round, but the bet is on plumbing, not issuance: a federally chartered book that ties Fedwire settlement to programmable stablecoin rails.
The all-stock-plus-cash structure is the visible hurdle, but the bigger signal is that PayPal's directors still see the company's standalone value above what two of fintech's heaviest buyers are…
Beyond the $53B price tag, a Stripe-PayPal merger would consolidate merchant rails, 440M consumer wallets, and three competing stablecoin stacks under one roof, with antitrust and the new US…
The investment slots Tether deeper into Latin American fintech distribution on the same day Allianz X closed a $197M round first led in March, a structural bet on stablecoin rails across the region.
If the offer lands it would be the largest take-private in payments since the post-pandemic era, and the clearest signal yet that legacy checkout players are being repriced for a stablecoin-and-API…
The product puts Aave head-to-head with Morpho for the wallets, exchanges and payment apps turning stablecoin balances into savings products, a market that already runs $200M+ through Coinbase.
The regulator says it needs new statutory powers to supervise frontier AI tools like ChatGPT, Claude, and Gemini as they reshape retail and wholesale finance.
The speed gain is real, but Stretch now trades at $80.84, below its $100 par value, raising questions about whether the product's financing mechanics can hold up long-term.
A House Financial Services hearing put the Fed's new direct-access proposal on the hot seat, with lawmakers warning that giving crypto firms a line to the central bank carries systemic and…
A stealth API layer sits between fintechs and DeFi protocols, letting wallets and asset managers offer yield products without building their own onchain plumbing.
Stablecoins have outgrown a $300B supply, but only about a tenth of US bank assets sit at community lenders, the structural point the deposit-drain argument keeps dodging in the Clarity Act debate.
The Zug-based firm says it tracks 99.41% of all stablecoin payments and protects over $30B in customer assets — signals that the compliance layer beneath the stablecoin stack is starting to attract…
Robinhood Markets (HOOD) said Tuesday it is laying off roughly 10% of its workforce, a move CEO Vlad Tenev framed to…
The check is small, but the bet is structural: stablecoin rails for the B2B corridors that Nubank and Wise have left on the floor.