Robinhood Now Lets Your AI Agents Trade Stocks
Robinhood announced a beta feature that lets users create separate AI‑agent accounts linked to a dedicated wallet, enabling the agents to analyze portfolios and place stock trades on the user’s behalf. The platform will notify users of every trade, and some orders require pre‑approval, while a fraud‑detection team monitors suspicious activity. Alongside the trading capability, Robinhood introduced a virtual credit card for AI agents, initially limited to Gold Card holders with configurable monthly limits. The company says options, crypto, futures and prediction markets will follow later this year.
Venmo’s Biggest Makeover in Years Comes at a Very Interesting Time
Venmo is launching its most extensive redesign since 2021, introducing a richer visual feed, reaction options, and new tabs for sending money and managing accounts. The update adds a “Give a Shoutout” button for endorsing local merchants and a consolidated...
Amazon, Meta Join Fight to End Google Pay, PhonePe Dominance in India
Amazon Pay, Meta’s WhatsApp, CRED, MobiKwik and Flipkart’s Super.money will meet India’s National Payments Corporation to challenge the dominance of Walmart‑owned PhonePe and Google Pay on the UPI network. PhonePe and Google Pay together handled about 80% of the 22.6 billion...
Cash App Is Targeting a New Kind of Customer: 6- to 12-Year-Olds
Cash App, the fintech arm of Block, announced a new service that lets parents open custodial accounts for children aged six to twelve. The accounts are managed through a parent dashboard, issue a debit card to the child, and can...
Slash, a Ramp Competitor Founded by Teenagers, Raises $100M at $1.4B Valuation
Slash Financial announced a $100 million Series C round that lifts its valuation to $1.4 billion. The fintech, founded by 19‑year‑old Victor Cardenas and Kevin Bai, now 24, offers business‑banking, corporate cards, transfers and crypto services. It reports $300 million in annualized revenue and...
Doss Raises $55M for AI Inventory Management that Plugs Into ERP
AI‑native ERP startup Doss announced a $55 million Series B round led by Madrona and Premji Invest to expand its AI‑driven inventory management layer. The solution plugs into existing accounting platforms, allowing mid‑market consumer brands to synchronize physical goods data with their...
Fuse Raises $25M to Disrupt Aging Loan Origination Systems Used by US Credit Unions
Fuse announced a $25 million Series A round led by Footwork, Primary Venture Partners, NextView Ventures and Commerce Ventures to build an AI‑native loan‑origination system for U.S. credit unions. The platform promises to replace legacy LOS software that can take up to...
Marquis Sues Firewall Provider SonicWall, Alleges Security Failings with Its Firewall Backup Led to Ransomware Attack
Fintech firm Marquis has filed a lawsuit against firewall vendor SonicWall, alleging that a 2025 breach of SonicWall’s cloud backup service exposed critical firewall configuration data. The compromised backup files allegedly gave threat actors the keys to bypass SonicWall defenses,...
Stripe, PayPal Ventures Bet on India’s Xflow to Fix Cross-Border B2B Payments
Xflow, a Bengaluru‑based fintech, closed a $16.6 million Series A round led by General Catalyst with participation from Stripe and PayPal Ventures, valuing the company at $85 million post‑money. The startup now has over $32 million in total funding and processes roughly $1 billion in...
Fintech Lending Giant Figure Confirms Data Breach
Fintech lender Figure Technology confirmed a data breach after an employee fell for a social‑engineering attack, allowing the hacking group ShinyHunters to exfiltrate roughly 2.5 GB of customer files. The leaked data includes full names, home addresses, dates of birth and...
Cash App Adds Payment Links so You Can Get Paid in a DM
Cash App, the Block‑owned peer‑to‑peer platform, rolled out a new payment‑link feature that lets users generate a URL to request money. The link can be pasted into texts, emails, or direct messages, pre‑loading the requested amount for the recipient. Cash...
NBA Star Giannis Antetokounmpo Joins Kalshi as an Investor
NBA superstar Giannis Antetokounmpo announced he has become a shareholder in prediction‑market platform Kalshi, marking the first direct investment by an NBA player in the company. The deal complies with the NBA’s collective‑bargaining agreement, which allows players to hold up...
‘Industry’ Season 4 Captures Tech Fraud Better than Any Show on TV Right Now
HBO’s fourth season of “Industry” centers on a fintech fraud plot involving Tender, a payment‑processing platform for adult content whose revenues are entirely fabricated. Protagonist Harper Stern leads a short‑selling attack after a tip, sending a team to Ghana that...
Fintech CEO and Forbes 30 Under 30 Alum Has Been Charged for Alleged Fraud
Fintech founder Gökçe Güven, a 26‑year‑old Forbes 30 Under 30 alum, was indicted on federal charges including securities fraud, wire fraud, visa fraud, and aggravated identity theft. The DOJ alleges she misled investors during Kalder's April 2024 seed round, inflating...
Flutterwave Buys Nigeria’s Mono in Rare African Fintech Exit
Flutterwave has acquired Nigeria’s open‑banking startup Mono in an all‑stock transaction valued between $25 million and $40 million. Mono’s APIs, which have linked over 8 million bank accounts and supplied 100 billion data points, will remain an independent product under Flutterwave’s umbrella. The deal...