CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising adoption of its lending and commerce offerings among India’s affluent individuals. The Bengaluru-headquartered startup had a total income of about $50 million in…
Share to FacebookShare to TwitterShare to LinkedinTopline Beyoncé made more than half a billion dollars during her Renaissance World Tour, Live Nation said Tuesday, bringing in more money than some had estimated but falling short of gross totals from fellow touring music stars Elton John and Coldplay who are on longer tours and have earned…
© Reuters. A person walks by the Department of Labor headquarters in Washington, D.C., U.S., May 13, 2021. REUTERS/Andrew Kelly/File Photo By Jonathan Stempel (Reuters) – Florida sued the Biden administration on Wednesday, accusing it of threatening to withhold more than $800 million of funding for transportation infrastructure because of a new state law that…
© Reuters. FILE PHOTO: Office workers pick up lunch boxes at a convenience store in Seoul, South Korea, June 24, 2022. Picture taken June 24, 2022. REUTERS/ Heo Ran/File Photo SEOUL (Reuters) – South Korea’s consumer inflation accelerated for a second month in September, outpacing market expectations, official data showed on Thursday. The consumer price…
The San Francisco Police Department is investigating an October 2 incident that left a woman stuck underneath a Cruise robotaxi after being hit by a human-driven vehicle. Video captured by Cruise and viewed by TechCrunch shows a robotaxi braking and then running over a pedestrian who is laying in the street after being struck by…
Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and minimal government support have made the green hydrogen sector a risky bet. But at least one company, Electric Hydrogen, seems to have found a way to convince investors that its tech is a bet they should take.…
Shop the queen set for a great deal ahead of Amazon’s next Prime Day-style sale…
The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to…
Slice, backed by Tiger Global, Insight Partners, Blume Ventures and EMVC, was valued at about $1.5 billion in its previous funding round last year. Indian unicorn fintech Slice is merging with North East Small Finance Bank, they said Wednesday after receiving the approval from the central bank, in an extremely rare feat that has eluded…
Chairman & Founder, Amazon No. 2 Rank on 2023 Forbes 400 List Of Richest Americans $161 B Net Worth as of September 8, 2023 AGE: 59 | SOURCE OF WEALTH: AMAZON | SELF-MADE SCORE: 8/10 | RESIDENCE: MEDINA, WASHINGTON | CITIZENSHIP: UNITED STATES | EDUCATION: BACHELORS ARTS/SCIENCE, PRINCETON UNIVERSITY Jeff Bezos quit his job at…
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