The world of finance has undergone a remarkable transformation with the rise of digital wallets and financial technology…
Category: Fintech
blockchain, Crypto, CryptoCurrency, Fintech, Global Security News
The Asset Layer of the Web: Tokenization Is Becoming Finance’s New Backend Infrastructure
Crypto’s public image lagged reality. Stablecoins, tokenization, and regulation now power a blockchain backend settling global finance at institutional scale.
business, Fintech, Global Security News, Security, Technology
Why Data Security Is the Key to Transparency in Private Markets
Private markets used to operate behind closed doors, exclusive, informal, and built on personal connections more than structure.…
blockchain, Fintech, Global Security News, Technology
How High-Tech Finance Companies Turn Innovation Into Influence
Your main rival in the fintech space just raised $20 million in a very successful Series B funding…
AI, Artificial Intelligence, business, Fintech, Global Security News, Technology
AI for the Financial Sector: How Strategy Consulting Helps You Navigate Risk
The financial industry is transforming as artificial intelligence (AI) is becoming an integral tool for managing operations, improving…
Banking, blockchain, Crypto, CryptoCurrency, Fintech, Global Security News
Why Banks Are Embracing Blockchain They Once Rejected
Blockchain has finally made its way into traditional banking. For years, major banks wrote it off as a…
Banking, blockchain, Crypto, CryptoCurrency, Fintech, Global Security News
White Label Crypto Bank Solutions: Building Digital Banking for the Blockchain Era
The growing demand for crypto-friendly financial services has accelerated the rise of white-label crypto bank solutions. These ready-made…
AI, api, Automation, Fintech, Global Security News, Press Release
Governance-Driven Automation: How Flowable Is Redefining Digital Process Management
A newly published independent research report highlights Flowable’s rise in the digital process automation market. Built on open-source…
Africa, Fintech, Global Security News, neo bank, PalmPay, Startups, TC
Profitable African fintech PalmPay is in talks to raise as much as $100M
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy…
AI, Fintech, Global Security News, Klarna
Klarna CEO says company will use humans to offer VIP customer service
CEO Sebastian Siemiatkowski told the crowd at London SXSW that his company plans to balance employees and AI workers.
AI, Fintech, Global Security News, Klarna
Klarna CEO says company will use humans to offer VIP customer service
CEO Sebastian Siemiatkowski told the crowd at London SXSW that his company plans to balance employees and AI workers.
AI, Fintech, Global Security News, Klarna
Klarna CEO says company will use humans to offer VIP customer service
CEO Sebastian Siemiatkowski told the crowd at London SXSW that his company plans to balance employees and AI workers.
Apps, Fintech, Global Security News, peer-to-peer payment, Venmo
Venmo introduces new debit card benefits and payment options as rival Cash App struggles
On Wednesday, Venmo debuted several new debit card benefits and expanded the ability to make payments with retailers such as TikTok Shop and Uber. The updates signal Venmo is trying to become more of a full-service fintech service, not just a peer-to-peer payments app.
Apps, Fintech, Global Security News, peer-to-peer payment, Venmo
Venmo introduces new debit card benefits and payment options as rival Cash App struggles
On Wednesday, Venmo debuted several new debit card benefits and expanded the ability to make payments with retailers such as TikTok Shop and Uber. The updates signal Venmo is trying to become more of a full-service fintech service, not just a peer-to-peer payments app.
Apps, Fintech, Global Security News, peer-to-peer payment, Venmo
Venmo introduces new debit card benefits and payment options as rival Cash App struggles
On Wednesday, Venmo debuted several new debit card benefits and expanded the ability to make payments with retailers such as TikTok Shop and Uber. The updates signal Venmo is trying to become more of a full-service fintech service, not just a peer-to-peer payments app.
AI, Apps, Biotech & Health, Crypto, Disrupt 2025, Fintech, Fundraising, Global IT News, Global Security News, Media & Entertainment, robotics, Space, Startups, TC, TechCrunch Disrupt, TechCrunch Disrupt 2025, Venture
Tick tock: Just 3 days left to save up to $900 on your TechCrunch Disrupt 2025 pass
Time’s almost up — save big before prices jump in 3 days! You’ve got until May 25 at 11:59 p.m. PT to save up to $900 on individual tickets to TechCrunch Disrupt 2025. Or double your impact — grab one Early Bird pass and get another for your +1 at 90% off. These deals will…
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Enterprise, Fintech, Fundraising, Global IT News, Global Security News, Government & Policy, Media & Entertainment, Real estate, robotics, Space, Startups, TC, TechCrunch Disrupt, TechCrunch Disrupt 2025, Venture
4 days left: Up to $900 off your ticket and 90% off for your +1 at TechCrunch Disrupt 2025
Here’s the deal: Only 4 days left to save up to $900 on your TechCrunch Disrupt 2025 ticket — and an additional 90% off for your +1. From October 27–29, San Francisco’s Moscone West transforms into the epicenter of tech innovation as 10,000 tech, startup, and VC leaders gather for the 20th anniversary of TechCrunch…
AI, Fintech, Global Security News, Klarna
Klarna used an AI avatar of its CEO to deliver earnings, it said
Other than AI Siemiatkowski admission, it wasn’t obvious that this was AI. There were only a few subtle signs.
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Fintech, Fundraising, Global IT News, Global Security News, Media & Entertainment, privacy, robotics, Space, Startups, TC, TechCrunch Disrupt 2025, Transportation, Venture
TechCrunch Disrupt 2025 Early Bird savings end on May 25
The early bird sees the future first — and saves the most. The old saying goes, “the early bird gets the worm.” But in tech — and in life — it’s not really about the worm. It’s about spotting what’s next before the crowd rushes in and the price goes up. TechCrunch Disrupt 2025 is…
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Fintech, Fundraising, Global IT News, Global Security News, Space, Startups, TC, TechCrunch Disrupt, TechCrunch Disrupt 2025, Transportation, Venture
You’ve got 6 days to save $900 on TechCrunch Disrupt 2025 tickets
Less than one week left to save big on TechCrunch Disrupt 2025 passes! Disrupt 2025 prices increase on May 25 at 11:59 p.m. PT. Grab your pass now and: The clock is ticking — lock in your massive savings here. Why attend TechCrunch Disrupt 2025? From October 27–29, join the ultimate gathering of startups, VCs,…
Canada, Exclusive, Fintech, Global Security News, keep, spend management, Startups, Tribe Capital
Keep raises $12M in increasingly competitive Canadian corporate spend market
In the U.S., a number of startups aim to be the corporate spend manager of choice for small and large businesses. Brex, Ramp, and Mercury are among those companies, just to name a few. Moving north of the border to Canada, the options are fewer, but growing. Keep is a startup that has built a…
Exclusive, Fintech, Global IT News, Global Security News, Startups, zip
Brex partners with former competitor Zip, with an eye on reducing cash burn to get to an IPO
Brex has once again made the surprising, but perhaps realistic, decision to partner with another one-time competitor. This time Zip, the CEOs of both companies told TechCrunch exclusively. In April 2022, fintech Brex announced it was making “a big push” into both the enterprise and software. The news was notable considering that Brex originally was…
Exclusive, expense management, Fintech, Fundraising, Global Security News, signalfire, SMB, Startups
Affiniti’s 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed
Affiniti founders Aaron Bai and Sahil Phadnis are building the kind of expense management software for main street small businesses that tech startups have enjoyed for years.
Fintech, Global Security News, IPO, monzo, neobank, TC, TS Anil
Monzo’s pivot from cool to corporate: ‘freshness is not about gimmicks’
Monzo, Britain’s biggest digital bank, is still synonymous with its neon debit cards, extensive use of emojis, and free spending abroad. But it’s no longer just trying to be cool; it’s trying to become a major financial institution. That shift, from an upstart fintech beloved by millennials into a mature, sustainable business, is what makes…
AI, Fintech, Global Security News, IPO, Klarna
Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push
Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the…
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Fintech, Fundraising, Global IT News, Global Security News, Space, Startups, TC, TechCrunch Disrupt 2025, Transportation, Venture
Clock’s ticking: Save up to $900 on TechCrunch Disrupt 2025 tickets before prices rise
Tick-tock! Time’s almost up to save up to $900 on individual passes to TechCrunch Disrupt 2025! Or go big and grab an Early Bird ticket now and get a second for your +1 at 90% off — but only for a limited time. These unbeatable deals disappear May 25 at 11:59 p.m. PT — don’t…
Apps, Fintech, Global IT News, Global Security News, Startups, statrups
Acorns acquires family wealth and digital memory platform EarlyBird
Savings and investing startup Acorns has acquired EarlyBird, an investment gifting platform for families, the company told TechCrunch exclusively. The financial terms of the deal were not disclosed. As part of the acquisition, EarlyBird will shut down, and all customer accounts will officially close on June 23. Customers’ funds will be returned to the bank…
Fintech, Global Security News, IPO, Startups, TC, Venture
$25B-valued Chime files for an IPO, reveals $33M deal with Dallas Mavericks
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financial, legal, and other risk factors. But Chime’s S-1 documents still have a lot of blank spaces.…
Exclusive, Fintech, Global Security News, Goldman Sachs, insurtech, Startups
Insurtech Bestow lands $120M Series D from Goldman Sachs, Smith Point Capital
Melbourne O’Banion co-founded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy. His goal was to make it easier for people to obtain life insurance and make the process more tech-enabled. Initially, Bestow operated as a direct-to-consumer insurance provider — selling, underwriting, and servicing life insurance policies. In…
Fintech, Global Security News, Ramp, Startups
Congressman is investigating fintech Ramp’s attempt to win $25M federal contract
Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is receiving preferential treatment in its bid for a $25 million government contract. Connolly sent a letter to the General Services Administration (GSA) Acting Administrator, Stephen Ehikian, demanding information and documents related to the…
AI, Crypto, Fintech, Global Security News, payments, stripe
Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions,…
Exclusive, Finom, Fintech, Fundraising, General Catalyst, Global IT News, Global Security News, Startups
Finom, a challenger bank aimed at SMBs, lands $105M in growth funding from General Catalyst
Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman…
Exclusive, Fintech, Global Security News, Pelion, Startups
Agree.com raises $7.2M to take on Docusign, Bill.com with AI
Agree.com says its AI-powered e-signature platform is different from competitors because it includes invoicing and payment processing. That’s why the company might have a shot at tackling the industry goliath, Docusign. Because the startup makes its money from transaction fees for any money movement facilitated by its platform, Agree.com has made e-signatures free to all…
egypt fintech, Fintech, gam'eya, Global Security News, Moneyfellows, ROSCAs
MoneyFellows raises $13M to take its group savings model outside Egypt
While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based…
AI, Apps, Fintech, Global Security News, World
World partners with Tinder, Visa to bring its ID-verifying tech to more places
World, the biometric ID company best known for its eyeball-scanning Orb devices, at an event late on Wednesday announced several partnerships aimed at driving sign-ups and demonstrating the applications of its tech. World is partnering with Match Group, the dating app conglomerate, to verify the IDs of Tinder users in Japan. Via collaborations with Kalshi…
AI, Fintech, Global Security News, Mastercard, visa
Visa and Mastercard unveil AI-powered shopping
Artificial intelligence is not just infiltrating the startup world. Now, credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which it says enables AI “to find and buy.” AI agents will be able to shop and make purchases on behalf of consumers, based on preselected preferences.…
Exclusive, Fintech, Global IT News, Global Security News, nuvo, Sequoia Capital, Startups
Nuvo, a network for B2B trade, has nabbed $34M from Sequoia and Spark Capital
Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses, has raised a $34 million Series A from Sequoia Capital and Spark Capital, it tells TechCrunch exclusively. The San Francisco-based startup previously raised $11 million in an undisclosed seed round led by Founders Fund and Index Ventures…
AI, Exclusive, Fintech, Global Security News, Kintsugi, sales tax, Startups, Vertex
AI sales tax startup Kintsugi had doubled its valuation in 6 months
Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of…
AI, Fintech, Global Security News, Hardware, imagery, mapping, Near Space Labs, Real estate, satellite imagery, Space, Transportation, Venture
Near Space Labs nabs $20M to take its high-res imaging Swift robots into the stratosphere
When it comes to creating images of the earth from above, satellites, drones and planes are the air and spacecraft that tend to come to mind. But a startup called Near Space Labs is taking a very different approach to high-resolution photos from up high. It’s building aircraft that are raised by helium balloons and…
Fintech, Global Security News, mortgages
UK fintech Sprive closes $7.3M round to facilitate mortgage overpayments
Most mortgage lenders would rather people didn’t pay off their mortgages early. After all, that’s that’s how they make their money. Indeed, overpayment is positively discouraged and sometimes even penalized. What if there were a solution that solved the technology behind it, alongside the financing arrangements? That’s the idea behind the Sprive fintech app. This…
Exclusive, Fintech, Flex, Global IT News, Global Security News, M&A, Maza, Startups
Flex acquires a16z-backed Maza for $40M as fintech M&A heats up
Flex, a startup that offers personal finance software for business owners, has acquired Maza, a finance app aimed at Spanish speakers in the U.S., for $40 million, the companies told TechCrunch exclusively. At first glance, the pairing may seem a bit curious. Flex’s software and payments infrastructure is to help business owners have a single…
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Fintech, Fundraising, Global IT News, Global Security News, Media & Entertainment, Security, Space, Startups, TC, TechCrunch Disrupt 2025, Venture
Speak at TechCrunch Disrupt 2025: Applications now open
TechCrunch Disrupt returns October 27–29 to Moscone West in San Francisco — and we’re inviting thought leaders, founders, VCs, and tech experts to apply for a chance to take the stage at one of the most anticipated tech events of the year. Applications are now open to speak at Disrupt 2025, where over 10,000+ tech…
Crypto, Fintech, Global Security News, neobank, neobanks, Revolut
Revolut, the $45B neobank, posts $1B profit in 2024
Revolut, the $45 billion neobanking startup founded in the U.K., may have put its IPO plans on ice, but its balance sheet is looking pretty hot. The company reported net profit of $1 billion (£790 million) in 2024, while its customer base grew by 38% to 52.5 million, according to its annual report. Revenues increased…
evergreens, Fintech, Global Security News, Mercury bank, Plaid, Startups
19 US fintech startups have raised over $50M in 2025 so far
After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the…
api, Europe, Fintech, Fundraising, Global Security News, Portage Ventures, Startups
Alpaca raises $52M Series C to take its API brokerage platform to new markets
Alpaca said on Wednesday it has raised a $52M Series C round to expand into more foreign markets, including the Middle East, Europe and Asia.
Europe, Fintech, Fundraising, Global Security News, sme
Froda secures $23M Series B for its debt financing platform for SMEs
Swedish Fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend towards the ’embedded finance’ model. Largely operating in northern European countries from…
doge, Fintech, Global IT News, Global Security News, Ramp, Startups
Ramp is trying to get the US government as a customer after seeing a tweet from DOGE
Expense management startup Ramp is being considered for a charge card pilot program by the U.S. government’s General Services Administration, the company confirmed to TechCrunch on Thursday. The government’s internal expense card program, dubbed SmartPay, is a $700 billion program. It is estimated that the charge card pilot program contract for which Ramp is being…
Deel, Fintech, Global Security News, Startups
Rippling wants UK fintech Revolut to reveal who paid off Deel’s alleged “spy”
Another highly-valued startup has just been added to the mix in the ongoing legal drama between Rippling and Deel: U.K. fintech giant Revolut. In his blockbuster affidavit that reads like it’s straight out of a movie, Irish Rippling employee Keith O’Brien claimed that he was paid about $6,000 a month to spy on Rippling. He…
Apps, Exclusive, Fintech, Global Security News, Ryan Breslow, Startups
Bolt’s Ryan Breslow pins his hopes on a new app that takes on Coinbase, Zelle, and PayPal
Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in…
Africa, Fintech, Global Security News, moniepoint, remittance, remittance banking
Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game?
When Visa invested in Nigerian fintech Moniepoint earlier this year, it didn’t just validate the newly minted unicorn — it signaled a bold new direction. As part of that deal, the Nigerian fintech best known for building one of Africa’s largest business banking platforms, hinted at plans to integrate with Visa Direct, a move that…
Fintech, Fundraising, Global Security News, insurtech, marshmallow
Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation
U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers who have been overlooked or priced out of traditional insurance. Now, with a million drivers insured and a profitable annual revenue run rate of $500 million, Marshmallow has raised a…
Fintech, Global Security News, patrick collison, Startups, stripe
Stripe CEO says company management regularly asks customers for ‘candid feedback’
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is…
Fintech, Global Security News, patrick collison, Startups, stripe
Stripe CEO says he ensures his top leaders interview a customer twice a month
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is…
Department of Justice, E-Commerce, Fintech, Global Security News, Startups
Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising…
Commerce, Enterprise, Fintech, Fundraising, gig workers, Global Security News, jobandtalent, recruitment, temps, wage workers
Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps
Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. On the surface,…
Commerce, Enterprise, Fintech, Fundraising, gig workers, Global Security News, jobandtalent, recruitment, temps, wage workers
Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps
Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. On the surface,…
Commerce, Enterprise, Fintech, Fundraising, gig workers, Global Security News, jobandtalent, recruitment, temps, wage workers
Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps
Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. On the surface,…
AI, Fintech, Fundraising, Global Security News, insurance, insurtech, oninimo, Wefox, zurich
AI insurtech Ominimo bags its first investment at a $220M valuation
How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, but more importantly, give those engineers the license to apply their talent…
Exclusive, Fintech, Global Security News, North America, Solid
Solid, which claimed to be the ‘AWS of fintech,’ files for bankruptcy after raising nearly $81M in funding
Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7. Founded in 2018, the fintech company had raised a total of nearly $81 million in funding from investors such as FTV Capital and Headline.…
Fintech, Global Security News
No, Stripe is not becoming a bank
Last week, details emerged about an application that fintech giant Stripe had submitted for a U.S. banking license. There was a lot of chatter on X about whether this meant Stripe – already the largest privately valued fintech in the world – would now be adding bank to the list of descriptions of what it…
EWA, Exclusive, Fintech, Global Security News, Prosus, Rain, Startups
Los Angeles-based Rain raised a $75M Series B in another good sign for fintech
Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts and spending trends, has raised $75 million in an all-equity Series B round. The round was led by Prosus at a post-money valuation of $340 million. Rain plans to use the new funds to help it add credit…
Emerging Tech, Fintech, Fundraising, Global Security News, mobile wallets, Turkey
Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets
Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those…
Emerging Tech, Fintech, Fundraising, Global Security News, mobile wallets, Turkey
Turkey’s Sipay raises $78M to expand its Stripe-like services into emerging markets
Billing itself as “Stripe for emerging markets,” Turkish Fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those…
Fintech, Global IT News, Global Security News, Startups
Deel’s comms chief departs amidst spying lawsuit from Rippling
Elisabeth Diana, head of communications at human resources Deel, is no longer with the company, according to her LinkedIn profile. Bloomberg first reported the news that Diana had resigned from Deel, which was recently accused of planting a spy at rival company Rippling. TechCrunch reached out to Diana but had not heard back at the…
Fintech, Global Security News, limited partners, liquidity, secondaries, Startups, Venture
Turbine raises $22M to help VC investors get cash without selling their stakes
Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lack of cash returns has been especially troublesome for wealthy individuals or their small family offices – who manage the assets of the wealthy – that made substantial investments…
Exclusive, Fintech, Global IT News, Global Security News, Healthcare, Index Ventures, Startups, Thatch
Thatch raises $40M to give employees more control of their health care choices
Thatch, a startup that aims to transform the health insurance experience for employers and employees alike, has raised $40 million in a Series B round of funding, it tells TechCrunch exclusively. Index Ventures led the financing, which included participation from existing backers Andreessen Horowitz (a16z), General Catalyst, SemperVirens, PeopleTech Partners, The General Partnership, and new…
Fintech, FUSE, Global Security News, MENA
Fuse raises $6.6M to fix a payment problem for companies expanding to MENA
Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global businesses, thanks to fragmented regulations and banking systems. Dubai-based fintech Fuse aims to simplify that with a cross-border payments API and has raised $6.6 million in seed funding to make it happen. Founded in 2023 by George Davis,…
Fintech, Franklin Templeton, Global IT News, Global Security News, Plaid
Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025
Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D…
Africa, Fintech, Global Security News
Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa
Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, Djamo has carved out a niche in Francophone West Africa, specifically the Ivory Coast and, more recently, Senegal. It now serves over one million customers across both countries. The Y…
Crypto, Fintech, Global Security News, IPO, stablecoin
Stablecoin issuer Circle takes another stab at a public listing
Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on its reserve assets, reported that its 2024 revenue and reserve income was $1.68 billion, up from $1.45 billion the year prior. Circle’s 2024 net income was $156 million,…
Apps, Fintech, Global Security News, Zelle
Zelle is shutting down its app, but you probably don’t need to worry
Zelle is shutting down its standalone app on Tuesday, according to a company blog post. This news might be alarming if you’re one of the over 150 million customers in the U.S. who use Zelle for person-to-person payments. But only about 2% of transactions take place via Zelle’s app, which is why the company is…
Fintech, Global IT News, Global Security News
IPO-bound Chime hopes to boost growth by paying higher interest rates
As it gears up to go public, Chime is going all in on new features in an effort to attract more customers. The digital bank is offering customers who agree to have their paychecks directly deposited into a Chime savings or checking account an APY of 3.75%, it tells TechCrunch exclusively. For those who don’t…
Fintech, fraud, Global Security News, jp morgan, Startups
Javice found guilty of defrauding JPMorgan in $175M startup purchase
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer…
Fintech, frank rotman, Global Security News, QED Investors, Venture
Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED in 2007 – declared that…
Exclusive, expense management, Fintech, Global IT News, Global Security News, latin america, Mendel
YC alum Mendel, a ‘Ramp for LatAm enterprises,’ raises $35M Series B
Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively. Corporate spend management platform Mendel last raised in December 2021 — a $15 million Series A round and $20 million in debt — after participating in Y Combinator’s Winter 2021 cohort. With this latest capital infusion, the…
Exclusive, Fintech, Global Security News, India, Times Internet
Times Internet spin-out Abound raises $14M to let more Indian Americans send money home
Abound, a go-to remittance app that was spun off by India’s Times Internet, has raised $14 million in a seed round.
Fintech, Global IT News, Global Security News, immad akhund, mercury, Sequoia, Startups
Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B
Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital — a $120 million Series B round in 2021 that valued the company at $1.62…
Exclusive, Fintech, Global Security News, jack dorsey, TC
Read the email Jack Dorsey sent when he cut 931 of Block’s staff
Block just laid off 931 employees. Read the email from its co-founder Jack Dorsey for more details on why.
AI, Biotech & Health, Climate, Crypto, Emerging Tech, Fintech, Fundraising, Global Security News, Media & Entertainment, Space, Startups, TC, Venture
Step into the spotlight: Apply to speak at TechCrunch Disrupt 2025
Calling all tech innovators, startup fanatics, marketing gurus, and emerging VCs — this is your moment! You’ve waited long enough, and now the time has come to step into the spotlight at TechCrunch Disrupt 2025, taking place October 27–29 in San Francisco. Share your expertise with over 10,000 eager attendees and make an impact by…
Africa, enza, Fintech, Global Security News, network international
Ex-Network International execs raise $6M for Enza, an African fintech serving banks
Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in…
Fintech, Frank, Global Security News, jpmorgan, TC
Charlie Javice trial becomes a master class in hubris for both sides
Charlie Javice’s high-profile fraud trial has become a showcase of embarrassing missteps on both sides, with eyebrow-raising details about how JPMorgan Chase was allegedly deceived into buying her startup, Frank, for $175 million when it had just 300,000 customers instead of four million. Per a new WSJ article, one pivotal moment came when former Frank…
acquisition, Fintech, Fundraising, Global IT News, Global Security News, Munich Re, Next Insurance, Startups
Next Insurance gets scooped up by Munich Re for $2.6B
Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s…
AI, Apps, Biotech & Health, Climate, Crypto, Enterprise, Fintech, Gadgets, Global IT News, Global Security News, Media & Entertainment, robotics, Space, Startups, TC, TechCrunch All Stage 2025, TechCrunch Disrupt 2025, TechCrunch Sessions: AI, Venture
Make waves in 2025: Exhibit at TechCrunch events
If you’re reading this, you already know: It’s time to amplify your brand. Get in front of thousands of TechCrunch event attendees, readers, and decision-makers who can take your business further this year by exhibiting at a TechCrunch event. The perks of exhibiting: What’s in it for you Exhibiting doesn’t just elevate your brand —…
AI, Emerging Tech, Fintech, Global Security News, Middle East, Startups
ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA
Debt collection in emerging markets often feels outdated, and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth…
Exclusive, Fintech, Global IT News, Global Security News, Ribbit Capital, Venture
In another good sign for fintech, Ribbit Capital is raising a new $500M fund
Ribbit Capital is raising $500 million for a new fund, an SEC filing seen by TechCrunch has revealed. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Fintech, Global IT News, Global Security News, Kleiner Perkins, Multiply Mortgage, Startups
Mortgage as an employee benefit? Kleiner Perkins leads $23.5M Series A for Multiply Mortgage
After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since. With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many people. One Denver-based startup is…
evergreens, Fintech, fintech startup, Global IT News, Global Security News, Layoffs, Startups
These fintech companies are hiring in 2025 after a turbulent year
While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams. © 2024 TechCrunch. All rights reserved. For personal use only.
Fintech, Global IT News, Global Security News, Klarna, Walmart
Klarna nabs Walmart away from Affirm and boosts its IPO prospects
On the heels of its IPO filing, Swedish fintech giant Klarna announced on Monday that it will exclusively provide buy now, pay later loans for Walmart. The partnership with Walmart is one that rival Affirm had previously owned. Klarna will provide the loans to Walmart customers through OnePay, a fintech startup in which it owns…
accounting, Exclusive, Fintech, Global IT News, Global Security News, Startups
Bench is charging people for services they already paid for, some customers say
Bench customers say they’re being required to pay for services they already paid for. Bench’s new owners deny it. © 2024 TechCrunch. All rights reserved. For personal use only.
Fintech, Global IT News, Global Security News, Klarna, Startups
Profitable Klarna files for a potentially blockbuster IPO
Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are the top take-aways. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Fintech, Global IT News, Global Security News, Startups
Bolt CEO Ryan Breslow explains his troubled $30M personal loan, announces new ‘super app’
Bolt CEO Ryan Breslow defended the $30M personal loan he took out from his startup, while announcing Bolt’s latest launch. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Fin Capital, Fintech, Fundraising, Global IT News, Global Security News, Synctera
BaaS startup Synctera raises $15M, signs Bolt as a customer
The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, it tells TechCrunch exclusively. Synctera works to provide companies “of all shapes and sizes with everything they need to launch and operate fintech and embedded banking products,” including: accounts, cards,…
Exclusive, Fintech, Fundraising, Global IT News, Global Security News, Startups, TTV Capital, Worth
The sibling founders of Stax Payments are back with a $20M seed raise for their new fintech, Worth
Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ history may have something to do…
Exclusive, Fintech, Global Security News, hsbc, India, Startups, Zolve
Zolve, a neobank for global citizens moving to the US, raises $51M and secures $200M debt
Zolve, a neobanking startup targeting global citizens seeking credit, has raised $251 million in a new round to expand into Canada and launch loans. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Fintech, Gadgets, Gaming, Global IT News, Global Security News, Media & Entertainment, robotics, Space, Startups, TC, TechCrunch Disrupt 2025, Venture
Supercharge your brand visibility with an exhibit table at TechCrunch Disrupt 2025
From October 27-29, TechCrunch Disrupt 2025 will bring together over 10,000 startup pioneers, VC leaders, and tech enthusiasts at Moscone West in San Francisco—the epicenter of innovation set to reshape the future of technology. What’s in it for your startup? A golden opportunity to put your innovation in front of an eager audience for all…
AI, Enterprise, Fintech, Fundraising, Global IT News, Global Security News, Insuretech, nirvana insurance, trucking
Nirvana keeps on truckin’ with $80M at a $830M valuation for its AI-powered insurance
As the U.S. trucking industry gears up for the negative impacts of new Trump tariffs on goods from Mexico and Canada, a startup building a new kind of trucking insurance — a critical cost for truck drivers — has raised some money to grow, and (it hopes) help truckers weather the changes. Nirvana, an AI-based…
Fintech, Global IT News, Global Security News, Ryan Breslow, Startups
Ryan Breslow is back as CEO of fintech Bolt, after years of controversy
Ryan Breslow is once again the CEO of Bolt, the fintech company told TechCrunch on Wednesday. Bolt shared a communication that recently went out to investors in which Breslow wrote that “following a challenging few years,” he had been reinstated as Bolt’s CEO with “unanimous approval” of the board of the one-click checkout company. Justin…
Exclusive, Fintech, Flex, Fundraising, Global IT News, Global Security News, Titanium Ventures
Flex, a Brex for business owners, has raised $25M at a $250M valuation
Flex, which offers personal finance software and payments infrastructure for business owners, has raised $25 million in equity funding while securing a $200 million credit facility, it told TechCrunch exclusively. The equity funds were raised at a valuation of “just under $250 million.” The company last raised a $20 million Series A announced in September…
Commerce, Emerging Tech, Fintech, foreign exchange, Fundraising, fx hedging, Global Security News, grain
Grain emerges from stealth with $50M to help any business hedge against FX volatility
Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if you’re anything smaller than the world’s largest enterprises. Today, a startup called Grain is emerging from stealth with a product that it says will let finance teams at companies…
API security, Fintech, Global Security News, mobile app security, Mobile Finance, Security Bloggers Network
New Mobile App Scanning Tool Created by Approov and CMU Africa
Approov and Carnegie Mellon University Africa’s Upanzi Network have teamed up again to help fintech companies provide more secure services to their customers by creating a new web-based open source tool which scans Android mobile application software for vulnerabilities and security issues and present a detailed report with recommendations on how to fix any issues…
