George Soros, chairman of Soros Fund Management Nelson Ching | Bloomberg | Getty Images America’s billionaires spent a record $880 million on the U.S. midterm elections so far, with most of thei...
Tag: Peter Thiel (Entrepreneur)
N26 losses widen after ramping up spending on fraud controls
The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its plat...
Crypto lender Nexo offers to buy embattled rival Vauld
Bitcoin, the world’s biggest cryptocurrency, is down more than 50% since the start of 2022. Nurphoto | Getty Images Beleaguered cryptocurrency lender Vauld has been thrown a lifeline from larger...
Forget Klarna? Investors bet new startups will in ‘buy now, pay later’
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “spe...
Gibraltar unveils new cryptocurrency rules against market manipulation
The overseas British territory wants to become a global hub for crypto firms. Geography Photos | Universal Images Group | Getty Images Gibraltar has unveiled new regulations for the cryptocurrency ind...
German digital bank N26 plans to be ready for IPO by end of 2022
N26 co-CEO Maximilian Tayenthal speaking at a tech conference in London on June 12, 2019. Simon Dawson | Bloomberg via Getty Images BARCELONA — German banking start-up N26 will be prepared for an init...