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Robinhood to let users hold their own crypto and NFTs as it reaches for growth beyond stock trading

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021.Brendan McDermid | ReutersRobinhood is handing over the keys to some of its customers' crypto.The trading and

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22. Tala

Founder: Shivani Siroya (CEO)Launched: 2014Headquarters: Santa Monica, CaliforniaFunding: $362.1 millionValuation: $800 million (PitchBook)Key technologies: Machine learningIndustry: FintechPrevious appearances on Disruptor 50 List: 2 (No. 20 in 2021)Fintech start-up Tala is continuing its mission to improve the financial health of underserved and underbanked populations.Founded in 2011 by Shivani Siroya, the Santa Monica-based

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Coinbase to slow hiring amid plunge in cryptocurrencies and tech stocks

Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped.Chesnot | Getty ImagesCoinbase has become the latest tech company to warn of a slowdown in hiring.The crypto exchange told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans

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Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank

Berkshire Hathaway Chairman and CEO Warren Buffett.Andrew Harnik | APThe 91-year-old "Oracle of Omaha" scooped up Citi shares while they have been underperforming the rest of the financial sector in the past 12 months. The stock is down nearly 40% while the Financial Select Sector SPDR Fund is off

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Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing

Tether has faced repeated calls for a full audit of its reserves.Justin Tallis | AFP via Getty ImagesInvestors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world's largest stablecoin.Tether's circulating supply has slipped

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Mastercard launches tech that lets you pay with your face or hand in stores

Mastercard's biometric checkout technology lets users pay by scanning their face or palm.MastercardMastercard is piloting new technology that lets shoppers make payments with just their face or hand at the checkout point.The company on Tuesday launched a program for retailers to offer biometric payment methods, like facial recognition and

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Paramount shares jump about 14% after Buffett’s Berkshire reveals new stake

In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background.Pavlo Gonchar | SOPA Images | LightRocket | Getty ImagesShares of Paramount Global jumped Tuesday after Warren Buffett's Berkshire Hathaway revealed a new stake in the media company.The stock rallied 14%

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Investor interest in equity and crypto-focused funds picking up despite the sell-off, Tifin CEO says

A Wall Street subway station near the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022.Michael Nagle | Bloomberg | Getty ImagesSearch interest for stock funds remains strong despite the recent market sell-off, even in areas of the market that have cooled off significantly, according

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