Revolut, the $45B neobank, posts $1B profit in 2024 – TechCrunch
Revolatthe $45 billion neobanking startup founded in the UK may have put its IPO plans on ice, but its balance sheet looks pretty hot. The company reported net profit of $1 billion (£790 million) in 2024, but its customer base grew 38% to 52.5 million. Annual Report. Revenues rose 72% annually to $4 billion (£3.1 […]
UnitedHealth removes mentions of DEI from its website – TechCrunch
UnitedHealth Group scrubbed many of its websites, referring to its diversity, equity and inclusion (DEI) policies, including reducing blog posts and removing large sections from the website. According to an archive copy of the UnitedHealth website, some of the company's web pages dedicated to DEI There's no more load and Now redirect “Page not found” […]
IVF insurance startup Future Family promises a baby or your money back – TechCrunch
For decades, couples experiencing in vitro fertilization have had to spend tens of thousands of dollars on the procedure without guaranteeing success. It's not only an emotionally draining process, but also a financially exhausting process. A San Francisco-based startup Future family We hope to ease some of the burden on couples with new US IVF […]
Dub: the copy trading app that has teens talking – TechCrunch
Social media has changed everything from news consumption to shopping. now, Dub We believe that the same can be done to invest in influencer -led market that allows users to follow the transactions of top investors in several taps. Think to meet Wall Street. Dubs founded by a 23 -year -old Steven Wan, who began […]
President Biden vetoes crypto custody bill – TechCrunch
President Joe Biden vetoed HJRes. 109, a proposed congressional resolution that could have overturned the Securities and Exchange Commission’s current approach to banking and cryptocurrencies. Specifically, the resolution targets the SEC’s Staff Accounting Bulletin 121, which provides guidelines for how banks should handle their customers’ crypto assets, effectively requiring them to treat those assets as […]
Hackers steal $112 million of XRP Ripple cryptocurrency – TechCrunch
Image credits: David Paul Morris/Bloomberg via Getty Images Ripple’s co-founder and executive chairman revealed on Tuesday that hackers stole approximately $112 million in Ripple-specific cryptocurrency XRP from a cryptocurrency wallet. Ripple’s Chris Larsen said on Wednesday that the stolen cryptocurrency belonged to him.Larsen I wrote to X (Formerly Twitter) “Several of my personal XRP accounts […]
Apple Card users earned more than $1 billion in Daily Cash in 2023 – TechCrunch
Image credits: SOPA images / Getty Images apple revealed today Users reportedly earned more than $1 billion in Daily Cash last year by spending with Apple Card. The technology giant also announced that the number of Apple Card users has exceeded 12 million. Apple Card was first launched in 2019 and is only available in […]
Google pulls Binance, other global crypto apps from India store – TechCrunch
Image credits: Getty Images Google on Saturday pulled a number of crypto exchanges, including Binance and Kraken, from India's Play Store, the latest blow to India's already fading Web3 dreams. The ban comes two weeks after the global companies were flagged for operating “illegally” in the country. Late last month, the Financial Intelligence Unit (FIU), […]