Tag
#Stripe
Crypto
Exodus cuts 25% of staff to fund stablecoin payments push
Exodus stablecoin payments pivot drove a 25 per cent workforce cut, with the crypto wallet company targeting $10 million to $13 million in annual savings.
By Caleb Mwangi
Deals
PayPal (PYPL) jumps 15% on Stripe, Advent $53bn takeover bid
PayPal shares jumped 15 per cent in premarket after Reuters reported Stripe and Advent had offered $60.50 a share, valuing it above $53bn.
By Naomi Voss
Banking
Ramp's $44B fintech multiple widens gap with public markets
Ramp's $44 billion valuation at 29-times revenue runs far ahead of public fintech peers. The Series F round signals private capital is betting AI-linked financial software belongs in a different valuation category — and the IPO window will test that thesis.
By Sloane Carrington
Banking
Remitly Q1 2026 earnings beat, but stock still falls
Remitly Q1 2026 earnings beat on revenue and margins, yet the stock fell as investors questioned how much of the quarter came from temporary tailwinds.
By Naomi Voss
