Monarch Money Raises $75 Million for Financial Wellness Platform
Monarch Money has raised $75 million in a Series B funding round to continue growing its financial wellness…
Walmart Eliminating Roles on Tech, eCommerce Fulfillment Teams
Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street…
Shopify Debuts AI-Powered Store Builder for Merchants
Shopify has introduced a tool that lets merchants create online stores by entering descriptive keywords. The Canadian eCommerce…
Bitcoin Hits Record High After Stablecoin Bill Advances in Senate
Bitcoin reportedly hit an all-time high of $109,730 Wednesday (May 21), driven in part by the Monday (May…
Tariffs May Create ‘More Multipolar System’
A more multipolar system of trade and capital could emerge from the current disruptions caused by tariffs, Citi…
UK Central Bank Could Ease ‘Ringfencing’ Rules for Lenders
The Bank of England is reportedly looking to ease its “ringfencing” rules for British lenders. As the Financial…
Finastra Sells Treasury Business to Private Equity Firm Apax
Financial software firm Finastra is selling its treasury and capital management business. The deal, announced Monday (May 19),…
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a…
Bank of London Investigated by UK Prudential Regulation Authority
FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate…
Goldman Sachs Eyes Expanding Retail Bank Into Ireland, Germany
Goldman Sachs Group is reportedly considering expanding its retail bank, Marcus, to Ireland and Germany. The company has…
Stash Nets $146 Million to Add AI to Financial Guidance Platform
Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence…
Tariffs on US Cars Could Come if Trade War Doesn’t End
The European Union (EU) is threatening to tariff American car exports if trade negotiations fail. As the Financial…