Author: Arabian Media staff
Kalshi, a prediction market that allows people to bet on future events, announced that it raised over $300 million at a $5 billion valuation. The company’s value has increased 2.5 times since its last fundraise just three months ago, when it was valued at $2 billion. The fresh capital came from Kalshi’s existing investor, Sequoia Capital with new investor Andreessen Horowitz co-leading the round. Paradigm Ventures, Capital G, and Coinbase Ventures also participated. Kalshi also revealed that consumers in 140 countries can now make bets on its platform. The prediction market is seeing a dramatic surge in activity: Kalshi is set…
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David Yaffe-Bellany, a technology reporter who has covered the cryptocurrency industry since 2022, has come to embrace learning on the fly. Source link
Super.money, a financial service platform spun off last year by Walmart-owned Flipkart, has quietly partnered with payments infrastructure firm Juspay as it expands into direct-to-consumer (D2C) checkout and targets $100 million in annual revenue by 2026. The partnership comes as Juspay works to rebuild momentum after facing pushback from major payment companies earlier this year — a dispute that complicated its fundraising efforts. Last week, Super.money launched its D2C checkout product, Super.money Breeze, which promises merchants a one-click checkout experience and aims to speed up online purchases by removing one-time passwords and repeated logins. The company did not disclose any…