Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
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Reuters Former Wirecard chief executive Markus Braun was arrested again in Munich as German prosecutors dug deeper into allegations of fraud at the fintech firm. Two other executives, revealed by the Financial Times as former Wirecard chief financial officer Burkhard Ley, and Stephan von Erffa, a former chief accounting officer, …
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Robinhood investment app seen on a smartphone in this photo illustration on June 24, 2020 in Washington, DC. Jim Watson | AFP | fake pictures Robinhood has postponed the launch of its popular UK stock trading app indefinitely. The Menlo Park, California-based fintech firm told people who signed up on …
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Mastercard credit cards Roberto Machado Noa / LightRocket via Getty Images Mastercard has expanded its cryptocurrency program to make it easier for companies in the space to issue their own payment cards. The company has signed an agreement with Wirex that makes the London-based startup the first “native” cryptocurrency platform …
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Getty As we approach the weekend of July 4, the Check Protection Program Extension Act is on its way to President Trump’s desk for signature. This Act will extend the time that small businesses and freelancers have to submit a PPP loan application until August 8, 2020. However, while Congress …
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