Financial Services Corporation
Appears in 3 stories
Creating cash-back rewards platform for Trump Accounts
The program launched July 4, 2026, opening for contributions on America's 250th birthday. Treasury deposited $1,000 into 1.4 million eligible accounts, committing $1.4 billion in total; 6 million children are now enrolled.
Updated Jul 7
Strategic partner and cornerstone IPO investor in PayPay
PayPay, the mobile wallet used by three out of four smartphone owners in Japan, began trading on the Nasdaq on March 12 after raising $880 million in its initial public offering. The company sold roughly 55 million American Depositary Shares at $16 each, below its marketed range of $17 to $20, valuing the business at approximately $10.7 billion. It is the largest stock offering by a Japanese company on a U.S. exchange in over a decade.
Updated May 30
Strategic partner for X Money payments
Elon Musk founded X.com in 1999 with a vision of building an all-in-one financial services platform, though that company became PayPal and he was ousted as chief executive. Twenty-seven years later, he's trying again. X, the social network formerly known as Twitter, announced on February 14, 2026 that users will soon be able to trade stocks and cryptocurrency directly from their timelines through a feature called Smart Cashtags.
Updated May 29
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