Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly-traded company’s 13-year history. About one-third of the purchase price is payable over a two-year period subject to certain undisclosed conditions. And, if one undisclosed milestone in particular is met within the next […]
Marqeta buys fintech Power Finance in $275M all-cash deal, its first acquisition by Mary Ann Azevedo originally published on TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]
Elon takes the stand, Akio Toyoda hands over the CEO keys and layoffs come for Waymo by Rebecca Bellan originally published on TechCrunch
After a decade of frantic growth, China’s smartphone market is hitting a speed bump as COVID-19 roils the world’s second-largest economy. The country’s smartphone shipments dropped 14% year-over-year in 2022, reaching a ten-year low, according to research firm Counterpoint. It was also the first time that China’s smartphone shipment had dropped below 300 million units […]
China smartphone market slumps to 10-year low in 2022 by Rita Liao originally published on TechCrunch
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. […]
What’s Stripe’s deal? by Mary Ann Azevedo originally published on TechCrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags, as consumer spending last year dropped for the first time by 2% to $167 billion, according to the latest “State […]
This Week in Apps: Temu’s hot streak, Walmart’s m-commerce & an Apple XR App Store by Sarah Perez originally published on TechCrunch
Welcome back to Chain Reaction, a podcast diving deep into stories, backgrounds and the latest news with the biggest names in crypto. For this week’s episode, I sat down with Mo Shaikh, co-founder and CEO of the layer-1 blockchain Aptos. Shaikh is a three-time founder with over a decade of experience in financial services as […]
Aptos wants to shake up the blockchain space by creating more economic value, co-founder says by Jacquelyn Melinek originally published on TechCrunch
Brendan Wallace’s ambition is beginning to seem almost limitless. The venture firm that Wallace and cofounder Brad Greiwe launched less than seven years ago already has $3.2 billion in assets under management. But that firm, Fifth Wall, which argues there are massive financial returns at the intersection of real estate and tech, isn’t worried about […]
Fifth Wall, focused on real estate tech and managing $3.2B, looks to eat up even more of its market by Connie Loizos originally published on TechCrunch