Stripe, a payments company, announced an additional $250 million funding round on Thursday, bringing its valuation to $35 billion.
The deal makes Deposit Solutions Germany's second-largest fintech unicorn — a private business that's worth $1 billion or more.
A key worry for some is whether libra competes with sovereign currencies like the dollar.
Online shopping giant Amazon is betting that some of its customers would rather use cash.
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.
The biggest U.S. banks are ramping up investments in some of their potential competitors.
China's seemingly unfettered push into facial recognition is getting some high-level pushback.
CNBC's Kate Rooney reports that Stripe, one of the biggest players in Fintech, is expanding its empire, launching a new service that offers loans to small businesses.
The world's most valuable fintech company is moving into a new area of banking: loans.
The online-only bank now has 5 million customer accounts, after passing the 4 million mark in June.
Elliptic on Wednesday said it raised $23 million in a funding round led by Japan's SBI Holdings to fuel an aggressive expansion into Asia.
Singapore will distribute up to five digital banking licenses for non-banking entities to provide financial services to retail customers and small and medium sized companies.
Compared with China, India and other countries, the U.S. is way behind when it comes to the adoption of mobile payments.
Sarah Harvey, COO of Prodigy Finance, says the fintech company wants to develop a "borderless credit model" for students from emerging markets.
WhatsApp will only support payments via local digital wallets due to tough licensing regulations in Indonesia, sources told Reuters.
Jessica Tan of Ping An says the company sees Hong Kong as a very important part of the Greater Bay Area. She also weighs in on competition for the firm.
Thomas Chong of Jefferies says he's very positive on the long-term trajectory for Tencent because it has a "dominant market position" in the social space in China.
Robinhood says its international subsidiary has been granted broker authorization from the U.K. Financial Conduct Authority.
Multi-billion dollar payments start-up Stripe is expanding its global footprint with its first office in Latin America.
Swedish online payments firm Klarna announced Tuesday that it has reached a $5.5 billion valuation, making it Europe's largest private fintech company.
CNBC and Institutional Investor is hosting the 9th Annual Delivering Alpha Conference
The nexus of technology -- cloud, social, mobile and data -- are transforming user behaviors and creating new businesses.
In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.
Developments in U.S.-Chinese trade talks and the comments from a host of Fed speakers could be important for markets in the week ahead, as stocks struggle to regain highs.
Solomon launched Payback Records last year as his music career was picking up.
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.
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