When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people […]
Apex’s off-the-shelf satellite bus business attracts $95M in new funding
Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations. The Los Angeles-based startup successfully launched […]
Rippling’s tender offer decision draws mixed — and strong — reactions
Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech […]
Robinhood acquires global crypto exchange Bitstamp for $200M
Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crytpo exchange Bitstamp. Robinhood said it expects the deal to close in the first half of […]
A look at LoanSnap’s troubles and which neobanks are having a moment
Welcome to TechCrunch Fintech! This week, we’re looking at LoanSnap’s woes, Nubank’s and Monzo’s positive milestones, a plethora of fintech fundraises and more! To get a roundup of […]
Roaring Kitty reveals massive GME position in GameStop stock gamble
Legendary trader Roaring Kitty has posted an update that shows he has a huge long position in “meme” stock GME.
Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers
Wesley Chan is often seen in his signature buffalo hat; however, he may be even more well-known for his ability to spot unicorns. Over the course of his […]
Former teen model co-created app Frich to help Gen Z be more realistic about finances
As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early […]
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult, […]