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Kalshi valuation soars to $22bn

May 7th 2026

Prediction market Kalshi has seen its valuation double to $22 billion in five months off the back of a $1 billion Series F funding round.

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Morgan Stanley to axe 2,500 staff across divisions

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Lloyds to sell customer data, cut IT costs to become “the UK’s biggest fintech” – FT

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Robinhood takes on Amex with $695-a-year platinum credit card

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Citi and HSBC invest in trading tech player Adaptive

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