The crypto exchange has been accused of funneling billions in deposits to market-maker and Bankman-Fried-owned Alameda Research.
It sweeps deposits and sells installment loans to its partners. But it’s hard to say if the model is sustainable—or transparent.
But the short-term benefits might not be enough to convince consumers it’s worth it.
The firm’s total processing volume increased 54% in the quarter. It plans to double down on embedded finance to sustain growth.
It’s the first feature of its kind in a financial app. But becoming a super app is a competitive race full of challenges.
After reviewing the books, Binance is walking away from its nonbinding agreement to buy crypto exchange FTX.
After receiving funding just last month, the firm is looking for potential buyers, signaling hard times for all.
The company’s gross merchandise volume surged 62% YoY thanks to a boost in active customers and merchants.
A new study has found lenders’ climate targets fall short of what’s needed to prevent the worst impacts of the climate crisis.
Denied credit due to low credit scores, many UK consumers are turning to more expensive options to weather the cost of living crisis.
The UK-based startup will offer all online businesses a free version of its cyber fraud detection tool, forever.
A new tax rule, which requires digital payment apps to report business payments over $600 to the IRS, doesn't apply to Zelle.