Finance

Andreessen Horowitz partner Marc Andreessen Justin Sullivan | Getty Images LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced Monday. Andreessen Horowitz, a Silicon Valley venture capital firm that has backed leading tech companies from Airbnb to Coinbase, said it was looking to take
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Pedestrians in front of a pawn shop during Golden Week at night in Macau, China, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near neighbors.
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SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Binance logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed lawsuits against cryptocurrency exchanges Coinbase and Binance for allegedly violating multiple securities laws. (Photo Illustration by Justin Sullivan/Getty Images) Justin Sullivan |
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Fintech executives descend on Amsterdam for the annual Money2020 conference. MacKenzie Sigalos AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and industry insiders were abuzz with talk about embedded finance, open banking, and banking-as-a-service. As nebulous as these terms may be, they reflected a
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Gabby Jones | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Affirm’s Adaptive Checkout, which offers customers pay-over-time plans, will now be a payment option through merchants offering Amazon Pay. related investing
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Silicon Valley Bank UK will continue to serve startup businesses from “seed funding to IPO,” the chief executive of its new owner, HSBC UK, said Tuesday. “We’re going to protect what we’ve got,” Ian Stuart told CNBC’s Arjun Kharpal at the Money20/20 fintech conference in Amsterdam. “We are going to keep it ringfenced within our
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Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng Zhao unless a freezing order
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