Greta Thunberg: Activist calls on banks to stop funding climate 'destruction'
The teenage Swedish climate activist is in London to take part in protests demanding the financial system stops funding fossil fuel...
The teenage Swedish climate activist is in London to take part in protests demanding the financial system stops funding fossil fuel...
One of the world’s largest pension funds, ABP of the Netherlands, is to sell its entire holdings in fossil fuel companies worth more than...
The activist said Shell should consider creating two stand-alone companies: one with legacy businesses such as refining that would...
EBANX, a fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian...
Retailers using Stripe can now activate Klarna as the preferred payment method in their checkout within minutes, providing a superior...
Nigeria, Africa’s largest economy, has launched the continent's first digital currency, the e-Naira. The launch also ranks Nigeria among...
Building on its position as the world’s leading instant payments bank, Citi’s Treasury and Trade Solutions (TTS) division now facilitates...
At least 965 companies and 63 countries have publicly committed to net-zero targets. Turning those plans into reality will be an...
Apparently, online investors crave the tangible pleasure of holding surprisingly heavy metal blocks; 1.7 times as dense as lead!
Cube enthusiasts often describe them in quasimystical terms. “You kind of start wondering about gravity and the forces of nature, and it...…
The Justice Department is scrutinizing Visa's relationships with large financial-technology companies as part of its antitrust...
Backed by Warren Buffett, with more than 40m customers and Brazil’s biggest pop star on its board, Nubank is on the rise. After hitting a...
AmEx said that card acquisitions hit a record level in the third quarter for U.S. small-business and consumer Platinum and Gold cards....
China’s largest cross-border brokers plummeted in U.S. trading after a central bank official questioned the legitimacy of their...
São Paulo based BaaS startup that helps clients manage their financial operations via its APIs raised $25m in Series A funding led by...
Zambia based firm that lets companies issue debit cards without a bank or processor raised $3m in Seed funding led by Tiger Global.
“Not only are we allowing fintechs to go to market faster than any bank or card issuer could ever dream of doing, but we’re also really...…
Sweden based blockchain development platform to build decentralized apps raised $13.4m in Seed funding led by EQT Ventures.
Moralis CEO Ivan Lilijeqvist stated: “We are overwhelmed by the positive feedback and excitement from the blockchain community. We’ve...…
Miami based blockchain infrastructure platform that supports applications raised $35m in Series A funding led by Tiger Global.
“Every social media asset wants to do NFT stuff,” Co-Founder Auston Bunsen said in an interview. “We want to be a provider for them....…
Palo Alto based cross-border trade finance platform for SMBs raised $40m in Series C funding led by TI Platform.
"The COVID-19 pandemic has put severe pressure on cash flows of exporters and importers alike. This strain is being felt most by SMBs who...…
San Francisco based blockchain developer platform raised $250m in Series C funding led by a16z.
“All that money is still in the bank,” he said. “We didn’t need the money but we saw the value in bringing on great partners, such as...…
Bangalore based digital insurer raised $255m in new funding led by General Atlantic and Multiples PE.
“ACKO has meaningfully redefined the protection category for consumers and plans to continue innovating in the space. We strongly believe...…
The global anti-money laundering watchdog first issued its virtual asset guidance in 2019. That draft called for crypto exchanges and...
Solana-based DeFi app Tulip raised $5m in a bid to expand its yield aggregation and crypto lending products. The seven-month-old...
Deserve, a fintech company transforming credit cards into mobile-centric software, announced it has received a strategic investment from...
Movies and adverts have long given older songs such as Fleetwood Mac's “Dreams” the chance of a fresh lease of life, generating years of...
Antitrust investigators are looking into the financial incentives that Visa gave Square, Stripe and PayPal, the people said....
In June, Nu raised a $750m round led by Berkshire Hathaway at a $30b valuation, making it one of the most valuable unicorns in the world....
The New York based startup, which provides digital payment infrastructure for financial institutions so they can offer virtual cards to...
Working with payment institution TEMPO, the primary European Union anchor for Stellar blockchain payments, Flutterwave is using the...
A new startup backed by funding from AOL founder Steve Case's Revolution Rise of the Rest Seed Fund, Laurene Powell Jobs' Emerson...
Bangalore based neobank which aims to help immigrants in the US gain access to financial services raised $40m in Series A funding led by...
As Colorado Springs continues to expand its public services, the city has forged a new partnership with portfolio company Underline, the...
Denver based mortgage software maker raised $28.5m in new funding led by Fin VC.
“We’re really focused on modernizing the mortgage market, particularly for small and mid-sized lenders serving America’s communities,”...…
Switzerland based spend management software maker raised $26m in Series A funding led by Left Lane Capital.
The company claims that the platform is ‘self-learning,’ allowing Yokoy to monitor individual workflows and processes to make them more...…
New York City based payments platform using A.I. and focused on healthcare raised $17m in Seed and Series A funding led by RRE Ventures.
“Imagine that, with your credit card, every month you got your statement and 10 percent of your charges were just incorrect,” says Shiff....…
Miami based fixed income fintech company raised $18m in Series A funding led by Envestnet.
"Upon recognizing the alignment in our visions for the future of wealth and financial technology, we saw an exciting opportunity to work...…
Cincinnati based insurtech company raised $50m in Series B funding led by Weatherford Capital.
"While over 90 percent of companies in the U.S. are small businesses, they remain underserved when it comes to insurance, leaving them...…
New York based hotel payment startup raised $25m in Series A funding led by Tiger Global.
“When the pandemic hit and deeply impacted the hospitality industry, we decided to democratize our unique payment and transaction engine...…
San Francisco based platform for crypto offerings raised $100m in Series A funding led by Accomplice and Agman Partners.
"We’ll continue to focus on helping crypto protocols rapidly innovate, build their communities, and drive adoption in the space through...…
As part of the collaborative effort, Stripe users in 20 countries can offer Klarna as a payment option, while Klarna will use Stripe to...
Nigeria’s government and central bank struggled with the rise of cryptocurrency in the country, leading to a ban on crypto transactions...
The companies said the partnership will make it easier for banks, financial-technology firms and merchants to offer and accept crypto...
Ocrolus
, the only automation platform that analyzes financial documents with over 99% accuracy, formalized its "Build on Ocrolus"...
Q2 Holdings, a leading provider of digital transformation solutions for banking and lending, and NYDIG, a leading bitcoin company,...
San Jose based payments company raised $30m in Series C funding led by Norwest Venture Partners and Cota Capital.
"Citcon enables global commerce at scale by allowing merchants to accept payments by mobile wallet and alternative currencies with the...…
Brazil based insurance company raised $35.8m in Series A funding led by Ribbit Capital.
“We measure how safely people drive using the sensors on their cell phones,” Chadha told me at the time of the company’s last raise....…
India based investing platform raised $251m in Series E funding led by Iconiq Growth.
“We are making a difference in the lives of millions of Indians by democratizing access. And it seems the journey has just begun with...…
Berlin based B2B BNPL platform raised $100m in Series C funding led by Dawn Capital.
“The reason the B2C players do not do B2B is because they see themselves as strong consumer brands,” Knecht said, pointing out how Klarna...…
India based tax and investing platform raised $75m in Series C funding led by Kora Capital.
“We are excited to partner with Clear as they innovate at scale in the Indian SaaS ecosystem, enabling enterprises and SMEs to automate...…
Axie Infinity, one of the largest play to earn blockchain gaming by market cap now, has overtaken popular mobile gaming app Candy Crush’s...
Mastercard has partnered with British financial technology company Demica to offer supply-chain finance to its business clients, showing...
More than 100,000 people have had their eyes scanned in return for a cryptocurrency called Worldcoin, as a project to distribute digital...
The Commodity Futures Trading Commission has awarded almost $200m to a former Deutsche Bank employee who raised concerns about the...
For $180,000, a three-year membership includes investment opportunities, access to West Point generals, confidential support groups and...
Hong Kong based decentralized payment network raised $27m in Series A funding led by Valar Ventures.
“XanPool never touches this money, we simply make the software which allows the individual or business to automate their buying and...…
San Francisco based ethereum-based cryptocurrency maker that scans eyeballs raised $25m in new funding led by a16z.
“[Worldcoin] started with a discussion that universal basic income will eventually be something that is very important to the world, and...…
A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by portfolio company NYDIG. The Houston...
As Black Friday approaches, HSBC has enlisted magician Troy von Scheibner to show Brits how fraudsters play mind games designed to gain...
Santander spun off and listed Getnet Brasil, previously controlled by Banco Santander Brasil SA, in a bid to unlock additional value for...
The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use...
This new open API is available to all Brex customers, free of charge. The Brex API allows customers to seamlessly manage financial...
Toronto based sports NFT service raised $100m in Series A funding from investors including SoftBank’s Vision Fund 2, Insight Partners and...
San Francisco based credit card and cash management solution provider raised $300m in Series E funding led by Greenoaks.
Brex, too, continues to evolve its model. Earlier today, the startup announced its new “Brex API.” The new open API is available to all...…
Plaid unveiled a new program this week that will use the software to make it easier and cheaper for consumers and businesses to make...
San Francisco based fintech marketplace for small businesses bonds raised $11.5m in Seed funding led by Group 11.
"There’s a new generation of entrepreneurs emerging who want something different from finance. The SMBX provides them the opportunity to...…
Bahamas based crypto exchange raised $420.7m in Series B-1 funding from investors including Ontario Teachers’ Pension Plan Board,...
Austin based digital mortgage company raised $20m in Series B funding led by S3 Ventures.
“For the first time in history, single family homes are an institutional asset class,” Herman told TechCrunch. “You have Blackstone and...…
Prague based provider of fintech anti-fraud tools raised $16.6m in Series A funding led by GV.
“Our mission is to create an intelligent shield for autonomous financial systems, to protect them against these ever-evolving,...…
Best known for its checkout button enabling consumers to easily pay for purchases on retailers’ websites, PayPal recently set a strategy...
The largest U.S. bank is revamping its 20-year-old pay structure for J.P. Morgan Advisors, a traditional broker business that a few...
The hottest meme asset currently isn’t the stock of a struggling retail store, and it’s not an Ethereum token with a cute puppy mascot....
San Francisco based maker of decentralized and automated DeFi portfolio manager software raised $23m in Series A funding led by Polychain...
Brazil based payment infrastructure startup raised $40m in Series C funding led by QED Investors and Kaszek.
“We provide financial infrastructure for B2B companies to embed payments solutions into their own custom ecosystems,” he said. “By doing...…
Washington based securities custodian-and-clearing firm raised $20m in Series A funding from investors including The Treasury, GFC, Torch...
Ownership of ErisX presents a unique opportunity for Cboe to enter the digital asset spot and derivatives marketplaces through a...
HSBC is rolling out a Banking as a Service (BaaS) platform that will “enable customers to create and provide business banking services...
Starbucks has been in talks with Amazon to make a new kind of coffee shop with Amazon’s “Just Walk Out” technology, allowing customers to...
India based app which rewards customers for paying their credit card bills on time raised $251m in Series E funding led by Tiger Global...
New York based platform which lets non-accredited investors buy startup stakes raised $150m in Series B funding led by Valor Equity...
The ProShares Bitcoin Strategy ETF climbed most of the day, gaining nearly 5% to settle at $41.94. About $981 million of shares changed...
Facebook’s Novi wallet is ready to launch – but it won’t be launching with the Diem (formerly Libra) stablecoin. Novi, Facebook’s digital...
San Francisco based open-source protocol for fixed and variable yield markets raised $32m in Series A funding led by Polychain...
London based insurtech startup focused on payment security raised $7m in Seed funding led by Octopus Ventures.
In a statement, Octopus Ventures’ fintech investor Tosin Agbabiaka said, “For decades, companies looking to guarantee future transactions...…
UK based online payments startup raised $50m in Series B funding led by ICONIQ Growth.
“We are building out a whole suite in the next year to aid merchants with operations and the observability of the payment stack,” said...…
Brazil based banking and payments startup raised $108m in Series B funding led by SoftBank Latin America Fund.
“We are here to help these institutions to not be constrained and be ready for the next generation of payments and banking services,”...…
There is a new DeFi lending platform in the market that wants to let users stake their "digital reputations" to access loans. Called...
When it comes to choosing an internet service provider, most Americans have limited options — if any at all. Portfolio company Underline,...
The highly anticipated SEC report attributed the episode primarily to a rapid increase in trading by individual investors, many of whom...
UK based digital bank and P2P lending platform raised £220m in growth funding led by SoftBank Vision Fund 2.
“We think we are ready [to list], but one thing I would like to have is a track record of profitability before going public,” he said,...…
In the next few years, the stablecoin industry could potentially rival traditional money market funds for influence in the commercial...
Germany based challenger bank raised $900m in Series E funding led by Third Point Ventures and Coatue Management.
“It gives us a lot of time over the next three to four years to line up for an IPO,” co-founder and CEO Valentin Stalf told me earlier...…
California based payment intelligence infrastructure startup raised $10m in Seed funding led by Underscore VC and Point72 Ventures.
“The challenge we saw pretty much for every one of our customers was that they didn’t have enough knowledge, not enough data and not...…
Global financial wealth soared to a record high of $250 trillion in 2020, according to a June report by Boston Consulting Group. Big U.S....
One year ago the Pix platform didn’t exist. Now half the population of Brazil uses it, showing just how quickly adoption of digital...
Queensland Investment Corporation, which manages A$92.4bn (US$69bn) of assets and is Australia’s fifth biggest pension fund, told the FT...
Point and specialty finance company Redwood Trust announced completion of what the companies claim is the first-ever securitization...
Blockchain.com recently celebrated its tenth anniversary and shared that Its revenue just surpassed $1.5 billion year to date, according...
The volume of small businesses signing up to use Vestwell’s record-keeping and plan administration services has also leaped five fold,...
The ETFs are likely to be given a green light by the US Securities and Exchange Commission, marking the culmination of an eight-year...
The proposed ETF, called ARK 21Shares Bitcoin Futures Strategy, is an attempt by the fund managers to take advantage of the surge in...
The regulator isn’t likely to block the products from starting to trade next week, said people familiar with the matter. Unlike Bitcoin...
Ahead of COP26, Bank of America Global Research has issued a net-zero primer and stocks picks report, which predicts that $5 trillion...
U.S.-listed Chinese online brokerages Futu Holding and UP Fintech Holding face regulatory risks as China's new personal data privacy law...
Founded in 2007 with a focus on community development and social and environmental justice, the company has $1.5 billion in assets and 8...
The earnings did not include Nubank’s operations in Colombia or Mexico, but help put wind in the sails for the company’s hoped-for...
Oregon based provider of payment tools for cannabis dispensaries raised $350m in Series D funding led by D1 Capital Partners.
“Cannabis presents opportunities for job creation, critical reforms, and opens up new revenues to support state and local economies and...…
Region is attracting more investment than south-east Asia, says the Financial Times
Start-ups created to tackle problems like these are propelling the region to the forefront of the emerging market tech boom. Last year...…
London based financial information platform and social network raised $298m in funding led by Tiger Global.
TradingView says it’s profitable and now plans to grow by expanding its brand globally. Along with offering its services to customers...…
A new study has made explosive claims about the world’s largest stock benchmark: Major U.S. corporations that purchase ratings from...
The startup, which has offices in Lagos, Nigeria and San Francisco, recently held discussions with potential investors, the people said....
Sweden based provider of banking services for e-commerce raised $52m in new Series A funding led by EQT Ventures.
“Everything we do is designed to make life for internet entrepreneurs easier,” said Samir El-Sabini, Founder and CEO at Juni. “We’re...…
Los Angeles based online loan application platform for emerging markets raised $145m in Series E funding led by Upstart.
“Our Android application has allowed over 6 million individuals to access our first product, which was access to credit, said Siroya to...…
‘Real World DeFi’ refers to a decentralized project that can be used to solve everyday issues affecting people globally, and in that...
Founded by Malte Huffmann and Philipp Povel, previously co-founders of Latin America’s largest online fashion and lifestyle platform...
Shares of special-purpose acquisition companies have lost their luster for those who recently saw them as a ticket to fast riches. That...
The latest data compiled by the Cambridge Centre for Alternative Finance (CCAF) suggests that the U.S. has replaced China as the country...
Boston based small and medium business lending company raised $10.8m in Series A funding led by Underscore VC.
"The idea of contextual lending isn't new; in-market lending services have existed for some time, but historically, it took a tremendous...…
The team – described in LinkedIn posts and job listings – will be run by Guillaume Poncin, Stripe’s former head of engineering for...
Chicago based structured investing platform raised $100m in Series C funding led by Owl Capital.
"I've always had this vision of creating a new type of investing," Barsema, the startup's president, told Chicago Inno. "I like to call...…
New York based quant development platform for custom trading and risk management apps raised $56m in Series C Funding led by Warburg...
San Francisco based e-commerce checkout experience company raised $389m in Series D funding from investors including Untitled...
San Francisco based sustainable home financing platform raised more than $1b in new funding from investors including Michael Dell and...
London based DeFi lending platform that uses the Ethereum blockchain raised $400m in new funding led by WestCap and CDPQ.
“We do not, in any circumstance, take customer assets and buy more of them or sell them because that’s not our business. Our business is...…
Mexico City based BNPL startup raised $20m in Series A funding led by Two Sigma Ventures.
“Our goal is to enable digital commerce throughout LatAm, and BNPL in Mexico is our first step towards that vision,” said CEO and...…
Coinbase has limited details to share on its upcoming platform, but notes in a blog post that they hope to more deeply integrate social...
Salt Lake City based payroll startup raised $22m in Series A funding led by Core Innovation Capital.
Davis said that, in her view, companies are ready to raise a Series A when they have both have a product in market and customer traction,...…
Fueled partly by the coronavirus pandemic—which accelerated consumers’ use of fintech for banking, payments, and investing—fintech has...
With co-sponsor Redwood Trust, Point has completed the first-ever securitization backed solely by residential Home Equity Investment...
New York based credit trading platform raised $208m in new funding led by Point Break Capital Management.
“Behaviour has changed in the credit market,” said Michael Sobel, president of Trumid. “The market was forced, like all sorts of other...…
Mexico based auto insurance startup raised $4m in Seed funding led by Kaszek Ventures.
Led by Javier Orozco, Founder and CEO, and Daniel Bernardez, CTO, Crabi provides a car insurance that people can acquire from wherever...…
South Korea based robo-adviser raised $33.4m in Series C funding led by Hana Financial Investment.
The company offers its robo-advisor service to approximately 20 South Korea-based B2B clients, including the lead investor Hana Financial...…
New York based embedded finance startup raised $70m in Series B funding from investors including Viola Ventures, Viola Fintech,...
India based neobank raised $100m in Series C funding led by Temasek.
“We are helping banks build their own new-age digital banking platforms,” he said. The startup is now also helping other fintech startups...…
Miami based crypto payments infrastructure startup raised $400m in funding led by Tiger Global and Coatue.
While the funding information is not officially announced, a report from The Information suggests that “two people familiar with the...…
France based provider of payment cards for employee benefits raised $200m in Series D funding led by SoftBank.
“Our bet with Swile — as we disclosed it 18 months ago — is that we want to go beyond lunch and manage employee benefits with the Swile...…
San Jose based banking-as-a-service platform that aims to build “DeFi for traditional finance" raised $16m in Series A funding led by...
Nigeria based Africa-focused fintech company that connects bank accounts to financial apps raised $15m in Series A funding led by Tiger...
London based crypto asset risk management company raised $60m in Series C funding led by Evolution Equity Partners.
"What we're doing is just really fundamental to the growth of the crypto ecosystem and mainstream adoption," Elliptic CEO Simone Maini...…
A great long form read in the FT summed up by this quote "Larry was astonishing on the level of details he knew. I don’t like him, but...
Helplines of gambling addiction recovery groups have been ringing with a new kind of caller: day traders. The rise of mobile brokerage...
London has been at the forefront of one of the more creative disruptions accelerated by the pandemic - the explosion of interest in...
Congratulations to portfolio companies Ocrolus, Flutterwave, Fondeadora, Embroker and Reserve Trust, who were all named to this years...
The new service provides investors and businesses in the tourism sector with rapid access to financing solutions from TDF. The USD 4b...
Monzo started to apply for a U.S. banking license in April last year as part of an effort to expand its userbase. The...
Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years
The bank has sent a 110-page report to its clients, which details the potential impact of digitisation on Wall Street and its workers,...…
A wild search for the U.S. dollars supposedly backing the stablecoin at the center of the global cryptocurrency trade—and in the...
Lagos and San Francisco based cross-border payments company raised $2.4m in Seed funding led by Greycroft.
“A lot of our merchants have said to us, if we’re going to be able to accept payments from Africa, we need a way to seamlessly ship to...…
Demand for petroleum products plummeted in 2020 as the pandemic shut economies worldwide, prompting producers to turn off the taps....
With just a few weeks until Halloween, shoppers across the country are encountering bare store shelves and "sold out" signs online as...
In a year that has set records for the number of ships coming and going through the ports of Los Angeles and Long Beach, Friday was not...
Seattle based digital bank for teens raised $13.3m in Seed funding led by PSL Ventures.
“We worked with millions of teens and parents in our previous company,” Behringer told TechCrunch. “That playbook is one of the core...…
Germany based consumer insurance startup raised $63m in new Series B funding from Earlybird, Abacon Capital and insiders CommerzVentures...
San Francisco based payments software provider raised $85m in Series C funding led by Altimeter Capital.
“Connecting into the banking system has been difficult for a long time,” Dadiomov said in an interview. “It’s been a sleepier part of the...…
Australia based payments company raised $80m in Series C funding from investors including Avenir Growth, Woodson Capital, Akuna Capital,...
There’s this silly, anachronistic and ineffectual law on the books called the Debt Ceiling. And in recent years, it’s become increasingly...
Affirm shares jumped closed up 20% after retail chain Target began offering its customers the online lender’s installment loan service...
Bangalore based cryptocurrency trading startup raised $260m in Series C funding led by a16z and Coinbase Ventures.
“We are incredibly excited about the crypto market opportunity in India, and with its breakout growth, CoinSwitch has emerged as the...…
Gensler said Tuesday that the government’s focus is on ensuring that the industry adheres to investor and consumer protection rules,...
Authorities said in a report on Wednesday that operators of stablecoins, which act as a bridge between national currencies and the...
When Apple Pay launched, the tech giant got big banks including JPMorgan, Capital One, and Bank of America to agree to pay fees that...
New York based insurance infrastructure startup raised $100m in Series C funding led by Declaration Partners and Kinnevik.
“This can range from car insurance included in the online purchase of a new electric car or buying a used car on Carvana to purchasing...…
Warsaw based provider of services used by crypto exchanges, marketplaces, and wallets raised $30m in Series A funding led by Balderton...
The bill would adapt the Securities Act of 1933 to establish a three-year safe harbor for token development teams to offer those tokens...
Leading the new financing is existing New York based investor FinTech Collective. Existing investors Accel, EQT Ventures, Northzone, and...
The offering will help investment managers store private keys for bitcoin, bitcoin cash and litecoin with assistance from sub-custodian...
San Francisco based social investing platform raised $25m in Series A funding led by Coatue.
“The ability for anybody to prove they own Tesla or Peloton by percentage, and show their skin in the game, weeds out a lot of the...…
New York based fractional investment platform for fine art raised $110m in Series A funding led by Left Lane Capital.
"We are thrilled to complete our Series A with such a high-quality group of investors, including our lead investor, Left Lane Capital....…