In a decisive move to regain its standing in the U.S. financial market, Tether, the controversial stablecoin issuer, has announced detailed plans for an American relaunch aimed at recapturing a substantial share of the U.S. stablecoin market. This strategic shift was highlighted in a recent report by Startup News titled “Tether Plans US Comeback, Aims…
In a significant development within Israel’s burgeoning tech scene, the Mossad intelligence agency has ventured into the world of venture capitalism, partnering with the Israeli government to launch a $50 million fund. This fund, named Libertad Ventures, aims to stimulate cutting-edge technologies that the Mossad can utilize, signaling a notable evolution in how intelligence capabilities…
Israeli entrepreneur Moshe Hogeg, known for his founding role in the blockchain firm Stox Technologies, is again under scrutiny as Tel Aviv District Court has unsealed an indictment detailing alleged fraud and sex crimes. The case, covered extensively by Calcalist, opened fresh chapters in the complex narrative surrounding the tech figure who has faced both…
Recent reports indicate that the Israeli technology sector, serving as a backbone to the country’s expanding economy, has been experiencing a considerable slowdown. According to the analysis published on the Calcalist website under the title “From Unicorns to White Elephants,” there was a sharp 70 percent decline in the value of Israeli tech firms transitioning…
In an extraordinary display of investor confidence, the latest investment opportunity opened by Emerging Tech Ventures has been oversubscribed by 26 times on just the third day of the offering, signaling a robust appetite for innovative tech startups. As reported by Startup News FYI, in their article titled “Issue Oversubscribed 26x on Day 3 So…
In a financial disclosure that signals robust health and ambitious trajectories for financial technology entities in India, small business lending platform Indifi has marked a significant milestone in its operational achievements. The company’s revenue surged by an impressive 22% in the fiscal year 2025, amassing an EBITDA of Rs 107 crore, as reported by the…
In a notable development in the tech and financial sectors, Israeli startups are demonstrating resilience amidst global economic uncertainties, raising significant amounts of funding in February. The original article, titled “Israeli startups raised $1.36b in February” published by Calcalistech, detailed these transactions and discussed their broader implications. The total financial influx stood at $1.36 billion,…
In a significant development within the fintech sector, Swedish company Klarna Bank AB, renowned for its Buy Now, Pay Later (BNPL) services, has announced its plans to target an initial public offering (IPO) with aspirations to raise up to $1.37 billion. This marked increase underscores a strategic shift for Klarna, which had earlier aimed for…
In a significant move within India’s burgeoning startup ecosystem, SBI Mutual Fund has acquired a substantial stake in the home services company, Urban Company. This transaction not only underscores Urban Company’s heightened valuation at approximately Rs 15,000 crore but also sets a definitive precursor to its anticipated initial public offering (IPO). As reported by Startup…
In a surprising move with widespread implications for the food delivery sector, Swiggy has announced a new increase in its platform fees, the third such adjustment in just three weeks. This latest revision boosts the fee to Rs 15, reflecting growing pressures on the operational and logistical frameworks underpinning the service. This incremental rise follows…
