A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B London-based payments company and has begun investing in fintech startups (Ivan Levingston/Bloomberg)

Bloomberg:
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+  —  Dylan Field dropped out of an Ivy League school in 2012 to take a grant from the billionaire Peter Thiel and start a software company called Figma.

Ivan Levingston / Financial Times:
Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing a $40B investor valuation in January 2022  —  Start-up sharply reduces price of staff stock options as private tech groups are hit by funding crunch

Jeff John Roberts / Fortune:
Six people, including Coinbase employees and prominent crypto developers, sue the US Treasury, Janet Yellen, and officials in Texas over Tornado Cash sanctions  —  Six users of Tornado Cash, a popular decentralized cryptocurrency service, filed a lawsuit on Thursday against the U.S. Treasury Department …

Marco Quiroz-Gutierrez / Fortune:
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance  —  DAVID PAUL MORRIS—BLOOMBERG VIA GETTY IMAGES  —  Payments processing company Stripe on Thursday announced a so-called …

Helen Li / Wired:
A look at the fintech startups serving small and large US-based cannabis retailers in an industry dominated by cash, as Visa, Mastercard, and others steer clear  —  In dispensaries, cash is king—and it’s a nuisance for business owners and buyers.  Fintech players are entering the fray.

Ellen Huet / Bloomberg:
How angel investing became a pastime and a way of socializing in Silicon Valley, with investors betting small amounts in friends’ startups  —  Maia Bittner is an angel investor, and she has a lot of friends who’ve founded startups.  Sometimes they ask her if she wants to put money into their companies.