Tagged: spending

October 13, 2026 @ 2:39 pm By Omar Faridi  |  

New York-based Fintech company Ramp has raised approximately $1.85 billion in a new funding round that places its pre-money valuation near $60 billion, according to people familiar with the private transaction. Dragoneer Investment Group and Thrive Capital co-led the round, while Founders Fund contributed a… Read More

June 17, 2026 @ 11:10 am By Omar Faridi  |  

Brex has joined forces with Tekion to introduce a built-in financial tool tailored specifically for modern car dealership operations. Announced recently this month, during the Tekion One event in San Francisco, the collaboration launches Brex for Tekion Spend. This solution embeds advanced corporate card and… Read More

May 8, 2026 @ 7:32 am By Omar Faridi  |  

A new analysis of card transactions from digital assets platform OKX reveals that cryptocurrency is no longer confined to speculative trading or high-end buys across Europe. Instead, ordinary consumers are integrating stablecoins into routine daily life, challenging long-held assumptions about crypto’s limited real-world utility. Data… Read More

April 19, 2026 @ 2:14 pm By Omar Faridi  |  

A seemingly high-potential fintech startup called Slash, which challenges more established players like Ramp and was created by young founders, has closed a $100 million Series C funding round, pushing its valuation to $1.4 billion. Launched roughly five years ago by Victor Cardenas and Kevin… Read More

April 14, 2026 @ 2:03 am By Omar Faridi  |  

Consumers are trying to adapt to higher living costs through value-seeking behaviors, curbing spending, and budget reallocation, according to insights from EY. This, as long‑term financial anxiety deepens. Just how much this financial stress is affecting US consumers is still unclear due in part to… Read More

March 19, 2026 @ 11:26 am By Omar Faridi  |  

Brex, the AI-powered intelligent finance platform, has announced its expanding role in supporting OpenAI’s worldwide expenditures and overall financial management. This partnership places Brex at the core of the artificial intelligence ecosystem and reinforces its status as a vital financial foundation for the industry’s most… Read More

March 8, 2026 @ 4:09 pm By Omar Faridi  |  

Robinhood Markets (NASDAQ: HOOD) is making waves in the luxury credit card space by launching its new Platinum Card, which is described as being a high-end product with a $695 annual fee and a physical card plated in 99.9% pure platinum. This offering directly positions… Read More

February 7, 2026 @ 2:47 pm By Omar Faridi  |  

Digital bank bunq has indicated that the United Kingdom saw a significant uptick in shared financial transactions last year, reaching a total of £1.16 billion. According to insights from bunq, this figure, equivalent to approximately €1.34 billion, marks a 27.2% growth compared to the £909… Read More

January 29, 2026 @ 1:04 pm By Omar Faridi  |  

As the world gears up for the Milano Cortina 2026 Winter Olympics, a fresh wave of enthusiasm is sweeping through US based travelers, fueled by digital technology. A new study from Visa (NYSE: V) recently uncovers how artificial intelligence is transforming the way people research,… Read More

January 3, 2026 @ 1:32 pm By Omar Faridi  |  

Many UK households faced a challenging festive season in 2025, with financial pressures forcing significant cutbacks. According to Vanquis Bank‘s Financial Wellbeing Index, one in five families earning less than £40,000 annually reduced their holiday spending, highlighting the ongoing struggle with escalating living expenses. Overall,… Read More

December 26, 2025 @ 3:51 pm By Omar Faridi  |  

Mastercard (NYSE: MA) SpendingPulse has unveiled that savvy consumers and e-commerce are fueling U.S. holiday retail sales growth by 3.9% year over year. Getting a strong early start, consumers have now seemingly embraced convenience and connection through the season, blending online and in-store purchases and… Read More

December 9, 2025 @ 10:20 pm By Omar Faridi  |  

If Australians redirected around 10% of overall household spending from big businesses to small businesses, it could potentially mean $76 billion more in the hands of small retailers according to the latest analysis by small business platform Xero. This new figure highlights the seemingly immense… Read More

November 27, 2025 @ 12:11 pm By Omar Faridi  |  

Xero, the global small business platform, has found that shifting only 10% of spending from bigger to smaller businesses could potentially mean $11 billion more in the hands of small businesses. Xero economists have analyzed 2024 New Zealand household consumption data and “excluded spending unlikely… Read More

November 25, 2025 @ 7:55 pm By Omar Faridi  |  

More consumers intend to make purchases during the upcoming Black Friday-Cyber Monday week, however, a report from Deloitte noted that increasing cost pressures and financial constraints are expected to bring spending down by a lot this year. Key takeaways from the extensive Deloitte report are… Read More

November 19, 2025 @ 1:27 pm By Omar Faridi  |  

Ramp, the financial operations platform, is now reportedly valued at $32B following a $300 million primary financing round as well as an employee tender offer. According to the announcement from Ramp, Lightspeed Venture Partners has led the financing, with ongoing support from existing investors: Founders… Read More

November 12, 2025 @ 12:07 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and Apptio are working cooperatively with PPL Corporation, a U.S. energy firm offering electricity and natural gas to more than 3.6 million customers in the U.S., in order to transform how the company prioritizes and manages technology spending—all in support of “delivering… Read More

November 9, 2025 @ 1:01 am By Omar Faridi  |  

Changes to interest rates may potentially have less of an impact on household spending than previously thought or forecasted, according to an update from Australia’s Commbank, which also noted that this means the reserve bank might have to lift or cut rates by more in… Read More

October 23, 2025 @ 6:40 pm By Omar Faridi  |  

Every business-related decision is ultimately a spend decision, according to an update from Zip. If we look more closely at spend, then we can get a snapshot of what matters most: the priorities, risks, as well as strategies that could shape the future. Zip’s ‘State… Read More

October 17, 2025 @ 1:58 pm By Omar Faridi  |  

Brex, a self-described intelligent finance platform, has announced that it is collaborating with Oracle, becoming the fintech issuer that has been embedded within Oracle Fusion Cloud Enterprise Resource Planning (ERP). Leveraging Oracle’s integration with Mastercard, Brex will now enable Oracle’s global, embedded B2B payments solution… Read More

October 9, 2025 @ 4:03 pm By Omar Faridi  |  

A recent report highlights fintech startup Ramp‘s seemingly aggressive push to disrupt American Express‘ current dominance in the $2 trillion U.S. corporate and small-business credit card sector. Founded in 2019 by Eric Glyman and Karim Atiyeh, Fintech firm Ramp has scaled to $1 billion in… Read More