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Israeli fintech co Stampli raises $61m

The company has developed an AI-driven AP automation innovator, which helps CFOs and controllers close the disconnect between accounts payables and the broader organization.

FTX founder heads for trial on charges of stealing billions from users

FTX founder heads for trial on charges of stealing billions from users

Sam Bankman-Fried, the former billionaire and founder of FTX cryptocurrency exchange, is set to go on trial for allegedly stealing billions of dollars from customers. He has pleaded not guilty to charges of fraud and conspiracy, but acknowledges inadequate risk management. His is the highest profile case US prosecutors have so far brought against a former cryptocurrency executive.