Ace Hotel in DTLA Reopens Under Stile Brand
Aju Hotels & Resorts has tapped short-term rental startup Kasa Living to manage the 182-key property.
Source: therealdeal.com
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Is Walmart ready to take on banks after its divorce from Capital One?
The retail giant has scrapped its credit card partnership with Capital One, its second public spat in recent years with a partner bank. Analysts say it may be a sign that Walmart wants to launch its own credit card on what it hopes will be a financial super-app.
Source: americanbanker.com
Coinbase, Circle, Kraken Join Crypto's New 'Neighborhood Watch' for Cyberthreats
Consensys, the Solana Foundation and Fireblocks are also among the baker's dozen founding members of Crypto ISAC.
Source: coindesk.com
How Harshil Mathur Overcame 100 Bank Rejections To Build A Rs 63,000 Crore Startup
For Harshil Mathur, a nine-to-six corporate job was always dull, as he loves tackling new challenges every day. This drive led the IIT-Roorkee graduate to launch Razorpay in 2014, along with fellow alumni Shashank Kumar. The Bengaluru-based startup, now valued at $7.5 billion (approx Rs 63,000 crore), was once seen as an average idea and was rejected by 100 banks.
Source: indiatimes.com
NBFC licence: Neobanking startup Fi secures NBFC licence from RBI
Fi, backed by Peak XV and Temasek, obtained an NBFC licence from RBI for independent lending. Like Jupiter, Groww, and Cred, Fi now offers loans and additional financial services.
Source: indiatimes.com