FinTech
Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and […]
Read More
Jack Dorsey made the loudest case yet that AI is already replacing jobs
Jack Dorsey, co-founder and CEO of Block Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images The tech industry has spent the last couple years debating whether artificial intelligence will actually eliminate jobs at scale or simply be used as an excuse […]
Read More
Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
The Gemini AI assistant on a Samsung 26S Ultra smartphone during a product preview event in San Francisco, California, US, on Monday, Feb. 23, 2026. David Paul Morris | Bloomberg | Getty Images Samsung on Wednesday unveiled the Galaxy S26 series, its latest flagship smartphone lineup that puts Alphabet‘s Gemini artificial intelligence front and center. […]
Read More
Register now: Applications open for the World’s Top Fintech Companies 2026
Key Points CNBC and Statista chart the top fintech players from around the world, ranging from startups to Big Tech names. The World’s Top Fintech Companies has been expanded this year, with regulation tech — companies helping others meet their financial regulatory obligations — becoming its own segment. Applications are now open for companies to […]
Read More
PayPal pops nearly 7% on report fintech startup Stripe is weighing an acquisition
Key Points Fintech startup Stripe is reportedly in early discussions to potentially buy PayPal. PayPal’s stock has plummeted over the last year as it faces slowing growth and mounting competition in the digital-payments market. Stripe hit a $159 billion valuation on Tuesday and said it was on track to reach an annual run rate of […]
Read More
Stripe valued at $159 billion after tender offer for employees, shareholders
John Collison, president and co-founder of Stripe. Christophe Morin | IP3 | Getty Images Fintech startup Stripe is now valued at $159 billion after a secondary stock sale for employees and shareholders, the company announced Tuesday. The valuation shows blistering growth from a year ago, when it was valued at $91.5 billion. Stripe’s valuation nearly […]
Read More
He turned down $1.2 billion from Stripe. Now his company is worth $8 billion
In 2018, Stripe offered to buy fintech company Airwallex for $1.2 billion. They said no. Seven years later, the company is worth $8 billion and serves over 200,000 customers globally. Jack Zhang, co-founder and CEO of Airwallex, helped build one of the world’s fastest-growing fintech companies, now valued at $8 billion and generating more than […]
Read More
PayPal shares sink 17% after forecasting weak 2026 earnings; HP’s Enrique Lores named new CEO
Enrique Lores, CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP’s Enrique Lores as its president and CEO. Shares of the […]
Read More
Why Singapore is becoming a refuge for investors
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images When KPMG executive Anton Ruddenklau moved to high-rise Singapore from the leafy streets of a London commuter town, one of the first things he noticed was how easy it was to do business in the Southeast Asian nation. “People are […]
Read More
He worked four blue-collar jobs in his teens to stay afloat. Today, his fintech startup is worth $8 billion
Jack Zhang is the co-founder and CEO of Airwallex. Courtesy of Jack Zhang The word “burnout” isn’t in the dictionary of Jack Zhang, co-founder and CEO of fintech company Airwallex. “I never understand that terminology to be honest. I’ve worked 100 hours a week from [the] age of 16 for 20 plus years,” Zhang told […]
Read More