Category: Fintech
Fintech
Walmart-backed PhonePe shelves IPO as global tensions rattle markets
PhonePe has paused its planned IPO, delaying a major liquidity event for investors including Tiger Global and Microsoft.
India neobank Fi winds down banking services on its platform
Fi, founded by former Google Pay executives, is discontinuing banking services over four years after launch.
In a vote of confidence for Meta’s Threads, Kalshi adds sharing feature
Kalshi now offers a share option that will automatically embed the relevant prediction market chart into a Threads post.
X taps William Shatner to give out invites to its payments service, X Money
42 X users donated to William Shatner’s charity in exchange for an early invite to X Money beta.
Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
Stripe wants to turn your AI costs into a profit center
Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.
Polymarket saw $529M traded on bets tied to bombing of Iran
Six newly-created accounts made a profit of $1 million by correctly betting that the U.S. would strike Iran by February 28.
OpenAI fires employee for using confidential info on prediction markets
The company said such trades violates its internal company policies about using confidential information for personal gain.
Last 24 hours to get TechCrunch Disrupt 2026 tickets at the lowest rates of the year
The lowest rates of the year for TechCrunch Disrupt 2026 end after today. Prices go up at 11:59 p.m. PT. Don’t miss connecting with 10,000 [more…]
Plaid valued at $8B in employee share sale
The new valuation is a 31% increase from $6.1 billion Plaid reached in April.