Business

Ayan Capital Secures £25 Million in Shariah-Compliant Debt to Expand Halal Finance Services

Islamic fintech Ayan Capital raises £25 million in Shariah-compliant debt from Partners for Growth to grow its halal vehicle fi...

Visa Reportedly Offers Apple $100 Million to Replace Mastercard in Apple Card Deal

Visa has reportedly offered Apple $100 million to replace Mastercard as the network behind Apple Card, as fintech firms compete...

EIC Impact Report 2025

EIC STEP Scale Up

Circle Files for $5 Billion IPO on NYSE After Surviving Industry Shocks

Stablecoin issuer Circle files to go public with a $5 billion IPO on the NYSE. Backed by JPMorgan and Citigroup, the fintech fi...

Revolut’s Valuation Surges to $48 Billion Following Schroders Capital Trust Boost

Revolut’s valuation climbs to $48 billion after Schroders Capital Global Innovation Trust increases its stake. The digital bank...

Elon Musk Sells X to xAI in $33 Billion All-Stock Deal

Elon Musk sells social media platform X to his own AI company xAI for $33 billion, aiming to integrate AI capabilities with X’s...

Fintech Founder Charlie Javice Convicted of $175M Fraud Against JPMorgan

Charlie Javice, founder of fintech startup Frank, found guilty of defrauding JPMorgan Chase out of $175 million by fabricating ...

CoreWeave IPO Opens Below Expectations, Ends First Day Without Gains

CoreWeave's IPO opens below targets and closes its first trading day without gains, signaling weaker investor interest in AI st...

eToro Files for US IPO, Eyes $5 Billion Valuation

Cryptocurrency-friendly trading platform eToro has filed for a US IPO, aiming for a potential $5 billion valuation as it seeks ...

Chime Launches Instant Loans to Offer Quick Access to Funds Without Credit Checks

Chime introduces Instant Loans, allowing eligible members to access up to $500 instantly with no credit check. Learn how this f...

DoorDash Partners with Klarna to Offer ‘Buy Now, Pay Later’ Options for US Customers

DoorDash partners with Klarna to provide flexible payment options for food, groceries, and more. The collaboration marks Klarna...