Stripe

Tobi Lütke, CEO of Shopify Inc. (NASDAQ:SHOP), said Thursday that the firm has partnered with Coinbase Global Inc. (NASDAQ:COIN) to integrate USD Coin (CRYPTO: USDC), allowing merchants to accept payments in the world’s second-largest dollar-pegged cryptocurrency. What Happened:...

Meta Platforms, Inc. (NASDAQ:META) announced Friday it will appoint Dina Powell McCormick and Stripe CEO Patrick Collison to its board of directors, effective April 15. The move increased the board's size to 15 members. What Happened: Meta CEO Mark Zuckerberg took to Facebook to share the...

Canada is expected to have a new prime minister with former central banker Mark Carney winning the country's Liberal Party election to replace outgoing Prime Minster Justin Trudeau, who announced his intention to step down in January. Carney has had a fast rise in Canadian politics but also enters...

Stripe just pulled off a massive growth spurt, and the payments giants should be paying attention. According to JPMorgan analyst Tien-tsin Huang, the private fintech powerhouse processed a staggering $1.4 trillion in volume last year, a 38% year-over-year jump that left competitors in the dust....

Traditional finance (TradFi) institutions increasingly have limited options: adapt to digital assets or risk falling behind. At the recent Benzinga Future of Digital Assets conference, panelists discussed the forces pushing crypto integration into mainstream markets, including evolving regulations...

The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the...

The race for faster financial transactions is heating up, and several fintech companies are at the forefront with new real-time payment solutions. These 10 companies are transforming how we handle money, making transactions instant and efficient. As we approach the Benzinga Fintech Deal Day &...

In a significant move for the cryptocurrency world, leading digital asset exchange Coinbase Global Inc. (NASDAQ:COIN) and payment processing giant Stripe have unveiled a strategic alliance aimed at enhancing cryptocurrency payment solutions. What Happened: As part of the partnership, Stripe will...

Elon Musk‘s strategy to transform X into an “everything app” includes integrating a payments network into its core social networking service, according to a new report. What Happened: Although specifics have been scarce, newly revealed documents submitted to state regulators...

Stripe is diving back into the world of cryptocurrency, this time focusing on stablecoins for online transactions. What Happened: The payments processing giant announced the news at their annual conference in San Francisco, with co-founder John Collison highlighting the improvements in the crypto...

Alphabet Inc. and Meta Platforms Inc. have reportedly withdrawn their participation from the upcoming Web Summit conference due to the controversy surrounding comments made by the event's CEO regarding Israel.  This move follows similar actions by other tech giants and...

After providing positive revenue growth targets and analysts continuing to remain bullish on the company’s performance, Wix.com (NASDAQ: WIX) has launched its Tap to Pay service for Android customers now after six months of service to Apple customers. What Happened: Global SaaS platform, Wix....

Elon Musk is testing a new feature on X (previously Twitter) that allows creators to retain and directly communicate with their subscribers, promoting platform flexibility and addressing concerns of content creators feeling "trapped." Elon Musk appears to be actively working to...

Arm Ltd, a British chip designer backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), on Monday filed for its highly anticipated initial public offering with valuations estimated between $60 billion and $70 billion. Arm's IPO is significant when viewed against the backdrop of a year characterized...

As the stock market came back up strongly in the first half of 2023, the market for initial public offerings saw a rebound from an anemic showing in 2022. Activity Picks Up Pace. The U.S. IPO market saw 58 offerings so far this year, up 31.8%, and total proceeds jumped 125.5% to $9.8 billion, data...