Adyen share price plummets on increased hiring, PayPal announces CEO retirement, Robinhood posts another quarter of Adjusted EBITDA profitability, Affirm lays off 19% of its workforce
PayPal announces layoffs, Marqeta acquires Power Finance, SoFi, Bill.com, and Lightspeed Commerce report Q4 2022 results
featuring PayPal, Block, Toast and Shift4 Payments
Stripe expands partnership with Amazon, sets deadline for IPO decision, LendingClub reports Q4 2022 results, provides muted guidance for 2023, VISA and Mastercard beat earnings estimates
Robinhood launches a media company to build on the success of its newsletter, Robinhood Snacks, Coinbase stock stages a rally, Upstart introduces financing capabilities to its Auto Retail platform
Coinbase and LendingClub announce layoffs, Amazon expands its “Buy with Prime” service to all eligible U.S.-based merchants, Goldman Sachs discloses a $3 billion loss in its consumer banking business
Crypto bank Silvergate experiences a bank run, Shopify launches a new product for large retailers, the U.S. government seizes Sam Bankman-Fried’s stake in Robinhood