Saturday, November 20, 2021

Berlin-based neobank N26, which was recently valued at $9B, to exit the US after about two years in the country, following its departure from UK last year (Dan Ennis/Banking Dive)

Dan Ennis / Banking Dive:
Berlin-based neobank N26, which was recently valued at $9B, to exit the US after about two years in the country, following its departure from UK last year  —  Dive Brief:  — German neobank N26 is shutting down its U.S. operations to focus on expanding in Europe, the company said Thursday.



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Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus (Bloomberg)

Bloomberg : Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chi...