Last mentioned: 3d ago
Beta Launch
XMoney officially opens to select beta testers in the United States.
IPO Pricing
PayPay officially prices its IPO at $16 per share, below the original range.
Pricing Revision
Reports emerge that the company is eyeing the lower end of its target range due to market conditions.
Musk Confirmation
Elon Musk confirms the platform is intended to be 'where all the money is.'
Initial Range Set
PayPay announces an initial IPO price range of $17 to $20 per share.
Roadshow Delayed
Geopolitical drama and market volatility lead to a temporary pause in investor meetings.
Shatner Tease
William Shatner promotes XMoney beta invites for a $1,000 charity donation.
Visa Partnership
Linda Yaccarino announces strategic partnership with Visa for digital payments.
Elon Musk announced the April 2026 launch of X Money, a financial super-app integration within X that offers peer-to-peer payments, debit cards, and a market-leading 6% APY. By leveraging Visa Direct and Cross River Bank, X aims to convert its 600 million users into active financial consumers, directly threatening incumbents like PayPal and Cash App.
Japanese digital wallet leader PayPay has priced its U.S. initial public offering at $16 per share, missing its original $17 to $20 target range. Despite the conservative pricing, the $880 million debut is bolstered by $220 million in anchor commitments from Visa and major sovereign wealth funds.
Elon Musk is set to launch XMoney, a peer-to-peer payments platform integrated with X, in beta this April. Developed in partnership with Visa, the service represents a critical step toward transforming X into a WeChat-style 'everything app' by consolidating social media and financial services.
Colossus, a lean four-person startup, is developing a decentralized payment infrastructure on an Ethereum layer-2 to bypass traditional KYC requirements. By leveraging blockchain technology, the firm aims to offer crypto cards that challenge the dominance of incumbents like Visa and Mastercard.
Block CEO Jack Dorsey has announced a massive restructuring, cutting nearly 50% of the company's workforce to transition into an AI-driven operational model. The move, which aims to boost long-term margins and productivity, triggered a 25% surge in after-hours trading as investors cheer the aggressive cost-cutting strategy.