A businessman in Sussex watched £14,244 drain out of his Metro Bank account. The money went on credits for Claude, the AI chatbot he already paid to use. Two things failed at once. Criminals had turned a chatbot into a way to cash out stolen cards. And…
The AI memory shortage has reached the phone-shop counter. T-Mobile is rolling out financing that lets customers walk out with a new handset for nothing down. It does this by spreading not just the device but its taxes and fees over three years. The re…
Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth on Tuesday with money from Greenoaks, Benchmark and …
The race to modernize cross-border payments is increasingly shifting toward emerging markets, where businesses continue to face high costs, settlement delays, and fragmented financial infrastructure despite growing international trade. Australian finte…
Visa is acquiring Tel Aviv-based fraud detection startup BioCatch for $2.4 billion in cash from private equity firm Permira and other investors. BioCatch’s platform analyses keystroke timing, touchscreen pressure, swipe patterns, and device handling to…
Robinhood is launching a second publicly traded closed-end fund that will invest in private companies from the Y Combinator ecosystem. Robinhood Ventures Fund II filed to offer 7.6 million shares at $25 each, with pricing expected after market close on…
Revolut is handing its customers free access to ChatGPT, the result of a new partnership with OpenAI. The fintech, which says it now serves more than 75 million people worldwide, is bundling OpenAI’s ChatGPT Go into its subscription plans, giving anywh…
The startup, which sells everything from sneakers to sports cards over livestream, is raising again barely a year after an $11.5bn round, as live commerce catches on in the West. Whatnot, the livestream-shopping platform where hosts sell sneakers, trad…
The energy firm is the first live test case for Lava Network’s tokenization sandbox, which says it has fielded 40-plus institutional applications since June. Germany has a battery problem. Last year, the country curtailed more than 2,700 GWh of solar g…
Shein wanted its Hong Kong listing to be about growth. Instead, the filing meant to sell that story revealed a US regulator is investigating the company, and Shein will not say why. The disclosure sits in the draft prospectus for Shein’s planned IPO, R…