TechCrunch

MARCH 24, 2021

Today, Bankly , a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round. These investors include co-leads Vault, the holding company of VANSO , a fintech that was sold to Interswitch in 2016; and African payments company Flutterwave. It was there Bankly started.

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TechCrunch

AUGUST 23, 2021

Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. The company plays in an extremely competitive fintech market. African fintech OPay is reportedly raising $400M at over $1.5B

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Fintech Mobile Groups Report 349

TechCrunch

JANUARY 30, 2022

Welcome to my new weekly fintech-focused column. Besides the fact that over 20% of all venture dollars last year went into fintech startups , I am particularly excited about the many ways that this technology is helping boost inclusion all over the world. Besides Esusu, last week saw yet another fintech unicorn being born.

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Fintech Hardware Report Banking 341

TechCrunch

JANUARY 9, 2023

He is an entrepreneur and philanthropist with nearly 30 years of experience in creating financial products for banks, fintechs and large tech companies. So if you’re building a fintech idea and you need funding today, it’s vital to get your product into the hands of customers quickly. The decade-long summer of free money is over.

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TechCrunch

JANUARY 6, 2023

Indian fintech KreditBee has raised an additional $100 million in a funding round, it said, as the lender looks to scale its business in the South Asian market. Fintechs use modern-age underwriting systems to lend to customers and a maze of regulatory arbitrage — that is increasingly getting narrow — to operate.

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Fintech Banking Sustainability Groups 316

TechCrunch

SEPTEMBER 9, 2023

The fintech business models that wooed consumers look increasingly tenuous. It’s only a matter of time until the house of cards collapses.

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Fintech Policies Banking 354

TechCrunch

JANUARY 8, 2024

Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 million in pre-seed funding. The round was led by 1984 Ventures, an early-stage venture capital firm based in San Francisco.

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TechCrunch

JANUARY 5, 2022

Most fintechs pride themselves on digital everything, including customer acquisition strategy. Why LatAm’s fintech boom is more than hype and superlative venture investment. “Then you have the IFPEs, or wallets, via the fintech law. And that impact agenda is our competitive advantage.”.

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TechCrunch

JANUARY 17, 2022

The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically. The idea for the YC-backed Ghanaian fintech came during the chief executive’s time at OMG Digital, a media company he founded that also got into YC , in 2016. “We

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TechCrunch

NOVEMBER 5, 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. Last week, we chronicled some big rounds in the fintech space, Intuit’s decision to shutter Mint and what that means […] © 2023 TechCrunch.

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TechCrunch

JULY 16, 2022

As venture capital grew around the world , tracking the fintech market was a fine way to understand the general health of the VC world; when venture was getting bigger, so too was fintech fundraising. So it is not a huge surprise that fintech had a big part to play in the venture boom that is now behind us. focused viewpoint.

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TechCrunch

DECEMBER 10, 2023

SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself.

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TechCrunch

OCTOBER 11, 2021

Mono has delivered on only Ghana, for now, piloting with a few banks and fintechs such as Oze and Tranzo. Customers who want to launch lending or fintech apps in these countries say they can’t do so unless Mono is there,” he said. Everything that we do at Mono is mostly customer-driven.

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Fintech Banking Marketing Company 354

TechCrunch

MARCH 7, 2023

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. CB Insights recently found that two of the largest global VC firms, Sequoia Capital and Andreessen Horowitz, actually backed more fintech companies in 2022 than any other category.

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TechCrunch

SEPTEMBER 24, 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. Last week, our team was at TechCrunch Disrupt 2023, which featured a dedicated fintech stage for the first time […] If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up!

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Fintech 304

Crunchbase News

DECEMBER 17, 2024

By Katherine Maslova This has been a year of rapid progress and high expectations for the fintech sector. So, despite being a sector with a strong concentration of AI leaders, fintech like 74% of companies across industries struggles to scale value. There’s also been lots of buzz and hard, painful truths learned.

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TechCrunch

OCTOBER 6, 2023

The San Francisco-based company, which operates a platform enabling banks and fintech companies to easily develop financial services, has been open about past layoffs. Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company.

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TechCrunch

OCTOBER 13, 2021

It was at that point that TripActions made the decision to accelerate the timeline for its fintech expense product, TripActions Liquid, which had launched only a month before the pandemic. This means it is in the same category as fast-growing fintechs such as Brex and Ramp.

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TechCrunch

FEBRUARY 16, 2023

With so many fintechs laying off staff , it can be easy to assume that the entire industry is in distress. “The brightest stars in fintech today are similarly succeeding despite the macro backdrop because they’re solving real problems that consumers, businesses, and financial institutions are dealing with every day.”

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TechCrunch

MARCH 17, 2023

The comedown from the venture capital boom of 2021 has shaken up much of the startup world, but the dearth of capital has shown up sharply in one particular niche: fintech. CB Insights data indicates that after reaching a peak in 2021, funding to fintech startups across the world dropped a drastic 46% to $75.2 billion from $139.8

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TechCrunch

MAY 14, 2023

Every week, we’ll take a look at the hottest fintech news of the previous week. As our fellow fintech enthusiast Alex Johnson pointed out , there was one name that stood out on that list for being “not like the others”: fintech startup Brex. But far less common are fintechs dedicated to serving older members of our society.

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Fintech Banking .Net Report 280

TechCrunch

OCTOBER 8, 2023

We take a look at this and other hot fintech news from the previous week. Rainforest raises $8.5M and PayPal gets hit with a lawsuit.

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TechCrunch

SEPTEMBER 4, 2023

Some of India’s biggest fintech startups are making deeper inroads into soundboxes, unveiling new push to the pocket-sized devices whose chimes are fast becoming the new ‘ka-ching’ for millions of Indian merchants.

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Fintech Marketing 268

TechCrunch

APRIL 3, 2023

based fintechs already offering debit cards to children and/or teens, including Greenlight , Step and Current. As the IPO market has dried up, many industry observers had predicted that the fintech space would see more consolidation. Want more fintech news in your inbox? Sign up here. We’d love to hear from you.

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TechCrunch

MAY 23, 2022

Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble , another fintech startup that came out of stealth this morning, “plagiarized” Eco’s materials and business model. Bromberg posted a Twitter thread this afternoon saying Pebble engaged in “copy-and-pasting, immaturity, lying, and espionage.”

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Fintech Systems Review Technical Review Marketing 345

TechCrunch

APRIL 11, 2023

Want more fintech news in your inbox? Fintech startup Clear Street raises $270M at a $2B valuation by Mary Ann Azevedo originally published on TechCrunch Prior to taking in equity investment, Clear Street says it raised debt from insurance companies and regional banks. Prysm maintains a minority stake in the company. Sign up here.

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TechCrunch

JANUARY 30, 2023

Marqeta has agreed to acquire two-year-old fintech infrastructure startup Power Finance for $223 million in cash, marking the first acquisition in the publicly-traded company’s 13-year history. In other words, it provides the tools for companies — fintechs and otherwise — to provide cards, wallets and other payment mechanisms.

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TechCrunch

JANUARY 10, 2023

Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx by Mary Ann Azevedo originally published on TechCrunch.

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TechCrunch

JANUARY 7, 2024

We started the year with news of a couple of new venture funds that will be writing checks into fintech startups. © 2023 TechCrunch. All rights reserved. For personal use only.

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Fintech 253

TechCrunch

SEPTEMBER 2, 2023

Economic headwinds have scattered many of the gains that fintech companies made during the tech funding boom of 2021. Still, it would be unwise to count out the opportunities for fintech growth, especially in the U.S. Case in point — global payment platforms Stripe and Checkout.com lowered their internal valuations.

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Crunchbase News

MARCH 20, 2025

Turns out theres a pretty fat pipeline of venture-backed fintech startups that meet the basic criteria for an IPO. This includes the heaviest fundraiser Stripe which has famously faced down pressure to go public over the years, despite ranking as the highest valuation private fintech. billion two years ago in a Series I financing.

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TechCrunch

OCTOBER 25, 2023

YouTrip, a Singapore-based fintech that offers multicurrency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a Series B led by Lightspeed. The round was $50 million, and brings YouTrip’s total raised to $100 million since it launched in 2018.

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Fintech 249

TechCrunch

AUGUST 13, 2023

In this week’s edition of The Interchange, we touch on the resilience of BaaS in a sometimes messy fintech space, earnings highlights, and much more. We are particularly excited this year because we have our very own Fintech Stage ! Christine Earnings A number of fintech companies released earnings in recent weeks.

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TechCrunch

OCTOBER 22, 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can’t make it to Money20/20 next week. But we have no doubt that we’re going to […] © 2023 TechCrunch.

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Fintech 249

TechCrunch

SEPTEMBER 17, 2022

My weekly fintech newsletter, The Interchange, launched on May 1! Most fintechs partner with banks; Varo became one, and says it’s paying off by Mary Ann Azevedo originally published on TechCrunch. Sign up here to get it in your inbox. Mobile banking startup Varo is becoming a real bank.

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TechCrunch

NOVEMBER 3, 2023

Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunch today. Klarna employees were planning to strike next week in the fintech’s home country of Sweden, as reported by tech.eu.

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Crunchbase News

DECEMBER 19, 2024

Walmart and fintech investor Ribbit Capital led a $300 million round at a reported $2.5 A time for exits The funding spree comes amid anticipation of a fintech IPO comeback in 2025, with several big names prepping offerings. About time Cycles turn, and for fintech and challenger banks, it looks like were entering a more bullish phase.

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Banking Fintech Marketing Report 108