PayPal’s Chief Strategy Officer to depart next year, Square launches a booking app, Square Go, and Mercado Libre CFO, Pedro Arnt, steps down
Marqeta secures a four-year extension with Block for Cash App card, Toast reaches Adjusted EBITDA profitability, and PayPal launches a U.S. dollar stablecoin
Coinbase losses narrow despite lower trading volumes, Robinhood reaches GAAP profitability, Shift4 Payments’ international expansion gains momentum, and Lightspeed sets payments as a key priority
Block continues to focus on profitable growth, raises guidance, Shopify returns to Free Cash Flow growth after divesting logistics, and PayPal stock declines on lower operating margins
Shopify and PayPal to report second-quarter earnings, SoFi earnings get mixed reception from analysts, and Global Payments raises full-year guidance
Nubank partners with Hopper to launch travel portal, Microsoft adds PayPal’s Pay Later and Venmo to Microsoft Store, and SoFi to report second-quarter earnings before markets open
Shopify launches a credit card for merchants, Mastercard revenue soars on strong consumer spending, and LendingClub’s origination volume continues to decline
Robust consumer demand boosts Visa's second-quarter results, Robinhood hires UK CEO ahead of a planned launch in the country, and LendingClub will report its earnings after the market close
Amazon expands its palm payment technology to all Whole Foods stores, Robinhood eyes UK expansion, hiring for key positions, and global Fintech funding plummets 48% QoQ
FedNow, the Fed’s instant payments system, goes live, Toast removes the 99-cent fee after facing backlash, and Goldman Sachs continues to narrow its consumer ambitions
Block sues Visa and Mastercard over interchange fees, Coinbases pauses staking in four states, and Wise income soars on higher interest rates
J.P. Morgan, Wells Fargo, and Citigroup kicked off the earnings season, Adyen launched “Tap to Pay” for Android devices, and Payoneer announced laying off 9% of its staff