Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- Imprint Secures 130 Million Dollars at 1.9 Billion Dollar Valuation for Branded Cards
New York based Imprint raised 130 million dollars at a valuation of approximately 1.9 billion dollars. The company develops cobranded credit cards for retailers and other commercial brands.
- Louisiana Attorney General Sues Ten Prediction Market Operators Over State Gambling Laws
Louisiana Attorney General Liz Murrill filed a lawsuit targeting ten prediction market platforms, including Kalshi, Robinhood, and Polymarket. The legal action also names ForecastEx, Crypto.com, Coinbase, Novig, Underdog, Gemini, and ProphetX amid a dispute over whether federally regulated event contracts must comply with state gambling laws.
- New York Financial Regulator Sets Marketing Oversight Rules for Crypto Firms
The New York State Department of Financial Services issued guidance requiring regulated cryptocurrency firms to strengthen marketing and advertising oversight. Regulated companies face expectations for transparent fee disclosures, accurate promotional content, and formal internal reviews, with implementation required by May 10, 2027.
Since the last briefing
- · 3 new major stories