Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform

Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acqu…

Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe
Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe

Nuvei is buying Payoneer for $2.75bn, a bet that the way to take on Stripe is to own every step of a payment, not just one. The Canadian firm will pay $7.40 a share in cash for Payoneer, the cross-border specialist listed on Nasdaq, in a deal both boar…

Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means
Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means

Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced …

American Express acquires TheFork for $700m to build out its dining empire
American Express acquires TheFork for $700m to build out its dining empire

American Express acquires TheFork, the European restaurant-reservation platform, from Tripadvisor for $700m in cash. The payments company announced the proposed deal on Monday, adding a booking network of more than 50,000 restaurants across 11 European…

FINQ’s AI-managed ETFs quietly outrun Wall Street in early 2026
FINQ’s AI-managed ETFs quietly outrun Wall Street in early 2026

Artificial intelligence has spent years promising to disrupt asset management. In 2026, that promise is starting to show up in performance tables. The AI-managed ETFs from FINQ are emerging as early examples of what happens when portfolio construction …

Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived.
Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived.

Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offering…

Current’s $80M Series E values the neobank below its 2021 peak
Current’s $80M Series E values the neobank below its 2021 peak

The Current Series E is in. The New York neobank raised $80m, led by Springcoast Partners, at a $1.5bn valuation. That headline hides the real story. In 2021, Andreessen Horowitz valued Current at $2.2bn. The new round sits about a third below that pea…

Pleo layoffs hit engineers a day after it launched finance AI agents
Pleo layoffs hit engineers a day after it launched finance AI agents

On 11 June, Pleo told finance teams that AI agents would soon free them from administrative work. The next day came the Pleo layoffs: the Danish spend-management fintech had cut around 50 of its own staff, most of them in engineering and data. The prod…

Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.
Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.

Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed b…

Coinbase launches an AI agent that can trade crypto and pay for research on your behalf
Coinbase launches an AI agent that can trade crypto and pay for research on your behalf

Coinbase has launched an AI agent that can execute crypto trades and pay for premium research data on behalf of users. The agent integrates with a user’s main Coinbase account or can operate in a separate sandbox. It trades spot crypto and derivatives …