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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments.

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Why TransUnion led blockchain fintech Spring Labs’ $30M Series B

TechCrunch

Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. A number of fintechs have popped up as of late aiming to disrupt the traditional model of evaluating an individual’s creditworthiness.

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Why fintechs are buying up legacy financial services companies

TechCrunch

It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. But lately, fintech upstarts are the ones doing the acquiring. Oh, how the tables have turned. So what’s going on here?

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Discover the Disrupt 2023 Fintech Stage

TechCrunch

Disrupt will have six industry tracks , each with its own stage, including AI , fintech , hardware , SaaS , security and sustainability. On the Fintech Stage we will have some of the biggest industry players discussing some of the hottest topics in the industry. Come join us !

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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 Angel investors Packy McCormick, the Not Boring founder; Anand Iyer of Canonical Crypto, and Jared Hecht and Rory Eakin, the founders of fintech lending companies Fundera and CircleUp, also took part in the round.

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Blockchain infra startup Tenderly raises $40M after seeing 500% YoY revenue growth

TechCrunch

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. It now covers a whole range of blockchains such as Ethereum, Avalanche, Fantom, Optimism and Arbitrum.

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Coinbase’s direct listing alters the landscape for fintech and crypto startups

TechCrunch

But to make sure we weren’t misreading sentiment, and to get deeper into the why of the concept, The Exchange reached out to venture capitalists who invest in the broader fintech world to get their take. We’ll wrap by considering what impact Coinbase’s direct listing will have, if any, on non-crypto fintech venture capital investing.

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