UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case
Think back to the turbulent times of the 2008 financial crisis, a period of economic anarchy that shook...
fintech
fintech
Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood
Alphabet, the parent company of Google, recently revealed a large drop in its ownership share in Robinhood Markets...
PayU plans to list in India next year sees a valuation of $6billion dollars
PayU, a fintech and payment processing startup funded by Prosus, is preparing for an Initial Public Offering (IPO)...
SoftBank Monetizes Investments in India: The Impact on Paytm and the Startup Ecosystem
A significant player in India’s startup ecosystem, SoftBank, a well-known Japanese investor has invested in over 20 unicorn...
Fidelity continues markdowns, cuts fair value of Gupshup and Pine Labs
According to its SEC filing, Fintech major Pine Labs has become the most recent Indian unicorn to see...
Visa’s $1 Billion Acquisition of Pismo Expands Footprint in Latin America
With the purchase of Brazilian fintech platform Pismo for $1 billion in cash, payments behemoth Visa Inc. has...
Nasdaq Makes a Splash with $10.5 Billion Adenza Deal in Fintech Drive
Nasdaq, the prominent exchange operator, has announced its largest acquisition to date, with plans to purchase Adenza, a...
PhonePe Raises $850 Million in Funding Round as Walmart’s Stake Drops
In its ongoing investment round, PhonePe, a well-known fintech company and a division of Walmart, has been successful...
Navigating Change and Embracing Innovation: Zepz’s Workforce Optimization
In a move to streamline operations and adapt to changing market dynamics, London-based fintech unicorn Zepz recently announced...
Morgan Stanley Considers Job Cuts in Asia Amid Challenging Market Conditions
One of the top international investment banks, Morgan Stanley, is apparently thinking about making large employment layoffs in...