Revolut Seeks $75B in Secondary Share Sale
Revolut is reportedly allowing workers to sell their holdings at a $75 billion valuation.
The most valuable FinTech in the United Kingdom informed staff members Monday (Sept. 1) that they w...
Nvidia Says Two Buyers Drove 39% of Q2 Sales
Just two customers drove 39% of chipmaker Nvidia’s second-quarter revenue, TechCrunch reported Saturday (Aug. 30), citing a securities filing.
The filing came in the wake of Nvidia’s ea...
CISA, FBI, NSA Warn on China’s Spy Network
A group of intelligence agencies is warning about the rise of China’s “global espionage systems.”
The warning came from agencies that include the Cybersecurity and Infrastructure Secu...
EV Deals Surge Before Tax Breaks Expire
The upcoming expiration of federal electric vehicle credits is reportedly fueling an automotive sales boom.
It’s the end of an era for the United States car sector, The Wall Street Journa...
Strategy Eyes First Crypto Spot on S&P 500
Strategy, the software-firm-turned-bitcoin-treasury-pioneer, reportedly qualified for a potential S&P 500 listing.
The milestone followed a strong second quarter for Strategy, which earned ...
Open Banking Hits 15M Users in UK
New data found that nearly a third of all adults in the United Kingdom now use open banking services.
Figures from Open Banking Limited showed that more than 15.6 million people and busines...
Wise Considers Becoming a Bank in the UK
Payments company Wise is reportedly weighing becoming a full-fledged bank in the United Kingdom.
The company has been in touch with experienced financial services executives in the last two...
Obita Raises $10 Million for Cross-Border Payments Network
Cross-border payment and digital financial network Obita received more than $10 million in an angel round.
The new funding will be used for research and development, compliance infrastructu...
PYMNTS’ Summer of Big Quotes, From Tariffs to Trust Codes
Summer is over. Time for PYMNTS to look back on the season’s best quotes from PYMNTS Intelligence and our news and feature stories.
“They have white labeled premium products or materia...
CFOs Triple Down on Gen AI ROI, Fueling Chip-to-Server Surge
Multiple industries including cloud, chips, data storage, semiconductor manufacturing, data centers and servers are seeing revenue gains from artificial intelligence (AI), cementing its role as an eco...
