News - page 9

Finance & Economics

China Keeps Lending Rates Steady

The central bank of China on Monday, April 21, left loan prime rates unchanged, which is generally the expected decision of this financial regulator, since strong macro data is currently being observed in the Asian country, allowing Beijing to focus on stabilizing the yuan amid trade tensions with the United States, which has become an […]

Blockchain & Crypto

Metaplanet Tops $400 Million Bitcoin Holdings

Japanese investment company Metaplanet has increased its Bitcoin holdings to over $400 million after its latest purchase.

Fintech & Ecommerce

Stripe Expands Partnership With Tencent and Weixin Pay Availability

From now on, Weixin Pay, a version of WeChat Pay, is available not only for online payments powered by Stripe but also for in-person shopping via Stripe Terminal in 20 countries.

Science & Technology

Former Y Combinator President Launches New AI Safety Fund

Geoff Ralston this week announced his return to a formal investment ring.

Fintech & Ecommerce

Swift Enhances Case Management to Optimise Payment Investigations

Swift estimates that adopting Case Management early could help the financial industry save more than $600 million each year in operational and liquidity expenses, while also potentially increasing gross revenue by 3–5%.

Science & Technology

Netflix Reports Earnings

Netflix has released information about its earnings for the first quarter of 2025.

Science & Technology

Security Startup Pillar Raises $9 Million

Pillar Security startup raised $9 million in seed funding to expand its research and development and support its go-to-market efforts.

Fintech & Ecommerce

Shein and Temu to Increase US Prices

Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.

Fintech & Ecommerce

SoFi Adds Funds in Commitments to Loan Platform Business

SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.

Finance & Economics

KeyCorp’s Commercial Payments Business Demonstrates Growth

KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.

Fintech & Ecommerce

Toku Raises $48 Million

Toku raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Chile, Brazil, and Mexico.

Blockchain & Crypto

AEON Teams Up with Stellar to Grow Web3 Mobile Payments in Southeast Asia

AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.

Society & Lifestyle

Governments Agree on Green Shipping Guidelines

The international maritime regulator has established new rules to reduce greenhouse gas emissions from global shipping practices and agreed on the penalties for those missing the set objectives.

Science & Technology

AI Startups Raise $73B in Q1

Over half of the quarterly AI startup investments were brought in by a March $40 billion funding round secured by the industry leader – OpenAI.

Science & Technology

Nvidia CEO Visits Beijing

Nvidia Corp. chief executive officer Jensen Huang arrived in Beijing after the administration of United States President Donald Trump barred the company from the sale of the H20 artificial intelligence chip to China.

Science & Technology

TSMC Reports Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.