Source: en.wikipedia.org
Silicon Valley Bank has been taken over and closed by a state financial regulator. The California Department of Financial Protection and Innovation (DFPI) took possession of the...
Small banks. Big Impact. The demise this past week of crypto-bank Silvergate and the lingering issues at SVB Financial (Silicon Valley Bank) will likely have...
In Silicon Valley, and specifically for smaller tech firms, the tremors threaten to become a quake. Just a day after Silvergate Capital said it would...
From access to education to pay parity and boardroom diversity, much has been done to advance gender equality around the world. But as the world...
In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite...
Recently listed tech companies reportedly went through more than $12 billion in cash during 2022. And as the Financial Times (FT) reported Sunday (March 5),...
In today’s economic environment, reaching profitability is considered a badge of honor. And that means FinTechs and startups that have yet to achieve that holy...
Sequoia Capital has reportedly stopped funding the crime-tracking app Citizen amid a startup financing drought. According to a Saturday (Feb. 25) Financial Times (FT) report,...
FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth...