With 57% of German tax advisors over 50 and approaching retirement, Berlin-based AnyTax has secured €1 million in pre-Seed funding to build embedded tax solutions for financial platforms. The startup aims to address Germany’s looming tax advisory crisis through API-first infrastructure.
Standard Economics, founded by former SpaceX and X employees, has raised $9 million to tackle cross-border payments for the unbanked. Their Uno app launches first in Mexico using stablecoins to eliminate fees and delays. The startup aims to create a global financial access platform.
The cofounder of environmentally-focused fintech Aspiration Partners has pleaded guilty to two counts of wire fraud. Joseph Sanberg reportedly misrepresented the company’s financial health to secure investments from high-profile backers including Steve Ballmer and Leonardo DiCaprio.
Joseph Sanberg, cofounder of green banking startup Aspiration Partners, has pleaded guilty to two counts of wire fraud in a Los Angeles federal court, according to court documents. The 46-year-old entrepreneur, known as an early investor in Blue Apron, faces up to 40 years in prison following his admission of guilt in a scheme that sources indicate defrauded investors of approximately $248 million.
The Domino Effect of Cloud Dependency Monday’s massive AWS outage revealed the precarious nature of our increasingly centralized internet infrastructure,…
European markets are expected to start the week positively despite recent volatility tied to U.S. credit concerns. Analysts suggest solid European bank performance and upcoming earnings will drive investor focus as global markets watch inflation data.
European stocks are reportedly poised for a positive opening to the trading week, according to analysis from IG data. Sources indicate the U.K.’s FTSE index is expected to gain 0.32%, while Germany’s DAX is seen rising 0.67%. France’s CAC 40 is projected to increase 0.62%, and Italy’s FTSE MIB is anticipated to climb 0.65%.
