Robinhood’s long-awaited international expansion is at full throttle. The consumer trading and investment app tailored to the younger generations is launching its crypto app to all eligible users […]
Candex lands $45M infusion to grow its procurement management business
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series […]
Binance CEO Changpeng Zhao pleads guilty to money laundering violation, steps down
Binance will pay a $4.3 billion fine and its CEO, Changpeng Zhao, will leave the company as part of a settlement with the DOJ.
Binance to pay $4.3B in fines and CEO ‘CZ’ to step down, plead guilty to anti-money laundering charges
It’s been an eventful week for crypto exchanges and the U.S. government. Changpeng Zhao, also known as “CZ,” the founder and CEO of Binance, plans to step down […]
India’s anti-money laundering agency finds $1 billion violation at Byju’s
India’s Enforcement Directorate, its anti-money laundering agency, has found that Byju’s violated the nation’s foreign exchange law to the tune of $1.08 billion, a person familiar with the […]
Yet another former Silicon Valley darling is convicted of investor fraud
Mike Rothenberg, a former VC known for hosting lavish parties, was convicted today on 21 counts for defrauding investors Connie Loizos @Cookie / 8 hours This year will […]
Klarna’s and Affirm’s very good week
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your […]
AI makes you worse at what you’re good at
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. If you’ve been following along with this newsletter, you’ll have noticed that I’ve […]
US sanctions Russian accused of laundering Ryuk ransomware funds
The U.S. government has sanctioned a Russian national for allegedly laundering millions of dollars worth of victim ransom payments on behalf of individuals linked to the notorious Ryuk […]