Author: nripn

Revolut’s Robo-Advisor allows users to start investing with as little as US$100.Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature have ties to other companies, including competitors or companies we write about. However, we would like to assure our readers that this will have no impact on the integrity or impartiality of our reporting. We are committed to providing accurate…

Here are the takeaways from today’s Morning Brief, which you can register to receive every morning in your mailbox accompanied by: Covering the World Economic Forum in Davos, Switzerland every year is something I consider a competitive sport. I’m actually starting to train for the intense summer week, as my few close friends know (and yes, they all make fun of me). The number of workouts each week gradually increases, making it easy for me to run the two-mile walk with a backpack to attend as many meetings as humanly possible (yes, I do that). My one cheat meal a…

Technology has disrupted the financial industry in several ways. As the UK moves closer becoming a cashless societyDigital banking has made it easier than ever to track expenses, transfer funds, and access financial services from the comfort of your home.Thanks to this, many new fintech startups have emerged, offering new and innovative solutions that are changing the way we save, manage, invest and spend money. This year 100 Startup Index has highlighted some of the UK’s most successful and fastest growing fintechs. Here is our selection of startups that will transform the industry in 2025 and beyond.1. Over thereFounders: Tim…

Jefferies analyst Edison Lee lowered the investment bank’s rating on Apple (AAPL) underperformed and lowered its price target by 13% to $200.75 on Monday. Loop Capital also lowered its rating on Apple shares from Buy to Hold, with a revised price target of $230, from $275. In a note to investors, Lee said he expects Apple to report lower-than-expected results for its December quarter and lower-than-expected second-quarter results due to weak Apple sales. iPhone and the lack of consumer interest in AI. Apple shares fell 3.7% as of midday Tuesday. The stock is up 16% over the last 12 months.…

Free newsletterGet the latest Fintech Singapore news delivered to your inbox once a monthDespite a significant year-over-year (YoY) decline, fintech retained its position as the most active technology sector for mergers and acquisitions (M&A) in Southeast Asia in 2023.This service, common in DealStreetAsia’s June 2024 SE Asia Tech M&A Review report, reflects the sector’s resilience and continued innovation.The report, released in June 2024, highlights a sharp decline in M&A activity in the region in 2023. Although the number of M&A transactions in the fintech sector fell by 56%, the sector became the best performing technology sector, with 15 transactions recorded.…

Spare8, a Mumbai-based B2B2C fintech startup, has raised an undisclosed amount in its latest funding round. The round was led by Param Agrawal, son of famous investor Mayank Agrawal, as well as Rajiv Shastri, former CEO of NJ Asset Management. Previously, it raised a pre-seed round of $800,000 in August 2022, backed by prominent investors including 2am VC, Varanium Capital, Magic Fund, Incisive Ventures and Broom Ventures and several others. While prior investment focused on establishing the platform, onboarding early adopters and building the technology stack, the latest funding will expand operations, improve technology and ‘expand distribution networks across India.…

(Bloomberg) — Stocks climbed as President Donald Trump struck a better-than-expected tone on global trade and speculation grew that his policies would further boost U.S. businesses. Bonds continued to offset the recent rise in yields that has roiled markets. The dollar has faltered. Most read on Bloomberg More than 400 S&P 500 stocks rose, with the index up nearly 1% as Trump is expected to announce a new artificial intelligence investment drive led by Softbank Group Corp., OpenAI LLC and Oracle Corp. tracking of companies exposed to AI has reached a three-year high. Small caps bet they would benefit from…

Punching linea Berlin-based fintech startup that offers innovative financing solutions for SaaS and subscription-based businesses, has raised a €20 million pre-Series A round including both equity and debt. This funding allows Tapline to expand its operations, expand its innovative platform and support the growth of SaaS businesses across Europe. The equity portion of the round was led by Karim Beshara, GP of A15 Venture Capital and managing partner of Accelero Capital, with participation from Antler. Tapline has also secured a tailored debt facility from WinYield to fund its non-dilutive equity debt portfolio for SaaS and subscription businesses. This new facility…

WASHINGTON (AP) – President Donald Trump on Tuesday discussed a joint venture investing up to $500 billion in artificial intelligence infrastructure by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will begin building data centers and producing electricity necessary for the future development of the sector. rapidly evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that amount. “That’s a lot of money and great people,” Trump said, adding that it was a “resounding statement of confidence in America’s potential” under…

Unlock Editor’s Digest for freeRoula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter.TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on cutting-edge technology for new growth, while under pressure from Washington to sell its popular video sharing app in the United States.The Beijing-based company has budgeted 40 billion RMB ($5.5 billion) to acquire AI chips in China in 2025, according to two people familiar with the matter, which would double the amount spent in the year last. The group also plans to invest approximately $6.8 billion…