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Trading app Robinhood unveils maiden stock buyback plan of $1 billionRobinhood Markets launched its first-ever share buyback plan to repurchase $1 billion worth of stocks, signaling maturity and growth beyond...
Dow outperforms in thin trading week, 1% shy of 40,000-point markWeighing on the tech-heavy Nasdaq, AI giant Nvidia shed 3.1%, leading losses among megacap growth peers. Traders see a 70% chance the Fed w...
Fintech unicorn Slice to merge with a small finance bank; Karnataka doubles down on gaming GSTCredit card and payments unicorn Slice is all set for its banking foray as it prepares to merge with North East Small Finance Bank (NESFB).
Google-parent Alphabet offloads nearly 90% stake in trading app RobinhoodThe disclosure comes days after Robinhood said it had achieved profitability for the first time as a public company in the second quarter.
Robinhood to buy fintech firm X1Robinhood Markets is buying financial technology firm X1 Inc for about $95 million in cash as it looks for new revenue streams to counter w...
RBI flags digital currency concerns; Byju’s $100M buyOn Wednesday, RBI governor Shaktikanta Das said cybersecurity and digital fraud were the biggest challenges in launching a CBDC in India.
Robinhood app hit by data breach exposing users' emails, namesThe Robinhood data breach took place late on Nov. 3, with the hacker snatching about five million email addresses, along with names of abou...
Zolve secures $40 million funding led by DST GlobalThe round, one of the largest Series A funding rounds in India’s startup ecosystem, values Zolve at $210 million, a company executive told ...
BharatPe banks on engineersIn today's ETtech Morning Dispatch: Making sense of BharatPe's banking foray; Mastercard ban gives Visa all the power; Over 150,000 IT jobs...
PlaySimple makes it rainFrom PlaySimple's acquisition to Licious's new fundraise and Robinhood's IPO, here's a quick look at the top tech news today.
Berkshire leads $750m Nubank funding round, values it at $30bNubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.
NerdWallet, a personal finance startup, said to file for US IPONerdWallet has hired a group of investment banks, led by Morgan Stanley, to arrange the IPO and is aiming to go public before the end of th...
Amazon, Google, Facebook vie for piece of India’s digital payments marketThe companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, ...
Walmart poaches Goldman Sachs bankers for a new fintech startupOmer Ismail, head of Goldman Sachs' consumer bank, and one of his top lieutenants David Stark will leave the investment bank for Walmart's ...
Big tech is coming for banking: Experts predict fintech’s 2020Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts thi...
A guide to what’s happening in the fintech revolutionIn the second quarter, India—home of mobile payments startup Paytm—surpassed China in the number of deals.
Ten best apps to manage your financesOrganising your money can be difficult, especially in tax season. Here are some helpful apps from around the world.