Many outlets have increased reliance on Apple News+; The Daily Beast is set to make $3M-$4M from it in 2024, and Time says it delivers a 7-figure annual revenue
The Scoop — Like many digital publishers, The Daily Beast was struggling at the end of 2023. Bluesky: @jbaer.bsky.social . X: @racheljanfaza , @jeremyreesnz , @ericdkoch , @michaelroston , @journali...
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license
They are nowhere near listing-ready, we're not in 2021. Will they ever be? … Maarten Ectors : Vodafone and BT are axing tens of thousands of jobs because of technology innovations. Revolut made most...
All three founders of online trading service Pipe are stepping down as the company looks for a “veteran” CEO; Pipe raised $250M at a $2B valuation in May 2021
Setting the scene — The co-founders of revenue-based financing … Nancy Dahlberg / Refresh Miami : Pipe co-founders step down and search for ‘veteran’ CEO is launched Jeff Kauflin / Forbes : Three Co...
Filings for Q1 2022: Varo, the first US neobank to be granted a bank charter, had a high $84M burn rate and 98% of its income came from interchange and fees
What the Regulators Should (and Shouldn't) Do to Encourage Competition — Hey all, Jason here. Happy Memorial Day, for my American readers! Tweets: @akindolu , @mikulaja , @cplimon , @dgwbirch , @al...
AngelList launches AngelList Stack, a set of tools to help founders start and run their companies, including end-to-end incorporation and banking services
AngelList Stack is a new suite of workflow products for founders — AngelList this week launched AngelList Stack … Source: AngelList Venture and AngelList Venture Tweets: @angellist , @alexh_johnson ...
Stripe extends its business lending service Stripe Capital to online platforms, offering an “end-to-end lending API” to provide customers with financing options
Payments giant Stripe is taking Stripe Capital, its push into online business finance and lending, to the next level. Tweets: @patrickc , @stripe , @stripe , @jess , @itsjoeco , @jeremiahdillon , @roh...