MoneyLion adds three accomplished media and tech executives to its board of directors
The board members have extensive experience in consumer engagement and brand building. The additions are Matt Derella, global VP of...
The board members have extensive experience in consumer engagement and brand building. The additions are Matt Derella, global VP of...
Visa purchased Tink, a European bank account connection platform, in a move that highlights their willingness to keep up with open...
South Korea based financial services super-app raised $410m in funding led by Alkeon Capital Management at a pre-money valuation of $7b.
“A lot of challenger banks and neobanks are focusing on the banking experience, such as cards, so their main revenue source is...…
Germany based AI-based lending platform raised €25m in Series A funding led by Fasanara Capital and Xploration Capital.
“We’re a step ahead of traditional lenders because we look at the retail products, not the merchants ... With Myos, merchants can quickly...…
Texas based mobile banking service for migrants raised $19m in seed funding led by Valar Ventures.
“As veterans within the migrant tech sector, the team behind MAJORITY has already established themselves as builders of disruptive...…
France based insurtech platform raised €11m in Series A funding led by Partech.
“SMEs and employers are overwhelmed with time-consuming administrative tasks that prevent them from focusing on developing their...…
Germany based AI-based anti-money laundering platform raised $10m in Series A funding led by BlackFin Capital Partners.
“We have made it our mission to bring long overdue technology advancements such as Cloud, AI and real-time analytics to these sensitive...…
New York City based next-gen leasing platform raised $5m in Series A funding led by Eleven Capital and Bienville Capital.
"VERO's centralized solution takes the pain out of the leasing process for all parties," said Chad Pike, Eleven Capital's Founder.
Hong Kong based crypto trading firm raised $100m in Series B funding led by China Renaissance at a pre-money valuation of $900m.
"With this new capital from strategic investors, Amber Group will continue to expand global operations to meet client demand and develop...…
Florida based marketplace for digital asset securities raised $48m in Series B funding co-led by Morgan Stanley Tactical Value and...
Netherlands based payments startup raised $800m in Series C funding led by Blackstone Growth at a pre-money valuation of $5.7b.
“The only thing you can reliably measure in payments is consumer spend. That was at 10% and now it’s at 15-20%,” said Shane Happach, CEO.
Singapore based fractional trading app raised $7m in seed funding led by LocalGlobe.
“Fractional trading actually came a bit later, ... That was the real MVP for us because fractional really makes investing accessible to...…
New York City based consumer finance research platform raised $28m in Series B funding led by SoftBank at a pre-money valuation of $122m.
“We created Atom to provide unparalleled access to institutional investing resources and tools, filling the white space between...…
Ohio based home finance platform raised $100m in Series A funding led by Accel.
“We’ve had a view going back to the start of the company that we wanted to run it profitably. That’s been one of our pillars, so that’s...…
Australia based fintech serving SMBs raised $38m in Series B funding led by Spark Capital.
“From our first meeting with Ben, we knew we wanted to be a part of Zeller. Australia’s business banking landscape is dominated by a...…
UK based mobile money transfer service raised $13.4m in Series A funding co-led by Canaan Partners and Reid Hoffman.
“Taptap Send is taking advantage of this structural change in mobile money and other distribution networks to offer what we hope is the...…
Goldman Sachs has launched Transaction Banking (TxB) in the UK, expanding the business which was successfully launched in the US last year.
Since launching in the US last June, Goldman Sachs has attracted more than 250 clients, taking on over $35 billion in deposits and...…
The joint venture, which will combine Fiserv's Clover eftpos device with Deutsche Bank’s integrated banking services, will serve small...
After months of uncertainty regarding regulations, Chaka has received a license from Nigeria’s Securities and Exchange Commission (SEC)...
Brazilian pop star Anitta joined the board of Latin American financial start-up Nubank to help market its credit cards, loans and...
A long-form read from the FT on the origin of Excel and how one of our most powerful tools has became one of the most misused. A recent...
A great FT "Big Read" on Wirecard after reviewing emails, internal chats, minutes of supervisory board meetings, and other documents, as...
Vanguard is betting that demand for financial advice will explode over the next decade, as the world’s second-largest asset manager steps...
Viva Republica, which operates the multifunction app Toss which lets users transfer money, take out loans, trade stocks, and check their...
Dee spoke to Cheddar this week saying "we're excited that our ticker is going to be "ML". If you remember, 10 or 15 years ago, ML...
Portfolio company NYDIG partners with Q2 to bring their 18.3m users access to Bitcoin brokerage services.
“According to a December 2020 study by Cornerstone Advisors, 15 percent of U.S. consumers own Bitcoin or some other form of...…
Fiserv partners with portfolio company NYDIG to offer bitcoin brokerage to their broad base of bank customers. One such customer,...
IMMO digitally sourced and evaluated over EUR500 million worth of deals, to assemble a highly curated portfolio of fully refurbished SFR...
Georgia based logistics-focused financial platform raised $30m in Series B funding led by Tiger Global.
“Trucking is still very much paper-based, .. That creates a lot of problems for the industry.”, said Robin Gregg, CEO
Boston based AI-based auto finance platform raised $60m in Series C funding led by Wellington Management at a pre-money valuation of $140m.
"Lendbuzz was founded to expand access to credit for millions of consumers who are currently underserved by the traditional credit system...…
New York City based blockchain data platform raised $100m in Series E funding led by Coatue at a $4.2b valuation.
"The future of finance and national security will be based on blockchain data-driven decisions, ... We've harnessed the transparency of...…
New York City based marketplace for financial advisors raised $110m in Series D funding led by TTV Capital.
“Our mission is to help people get better financial advice, ... With this additional capital we are going to make further investments in...…
Colombia based data-driven residential real estate platform raised $100m in Series B funding led by SoftBank.
“With our unique dataset and proprietary platform, Habi is transforming what was once a murky, painful and months-long ordeal into a...…
New Jersey based Cross River, a commercial bank, extended their fintech acquisition record with the purchase of PeerIQ, a next generation...
California based credit card-as-a-service software platform raised $50m in Series D funding from Mission Holdings, Mastercard, and Ally...
2020 revenues rose 57% YoY at Revolut which is down significantly from prior growth periods and the neobank reported a $232m loss. Gross...
Fifth Third, a $27b market cap regional bank, acquired Provide, a fintech provider of lending and other financial services to healthcare...
COVID-19 related government stimulus in Latin America drove digital banking adoption as millions put their government aid checks to use....
New regulations in Egypt -- the largest country in MENA -- are revving up the country's Fintech ecosystem centered around the new central...
California based Hispanic focused personal finance platform raised $3.1 seed funding led by Clocktower Technology Ventures.
“Individuals can be charged upwards of 15-20% to send money each time they transact...We empower consumers to compare options across all...…
Finland based digital asset management platform raised $25m Series A funding led by Augmentum Fintech.
“This funding is a significant milestone for Tesseract and one of the largest Series A investments in Finland to date. We are humbled to...…
Pennsylvania based sports betting platform raised $36m in Series B funding led by Nasdaq Ventures.
"Our mission is to elevate the sports betting industry by applying capital markets principles and technology and to place the customer at...…
Is late better than never? New UK exchange rule changes are creating room for European SPAC deals just as the sensation fades in the US.
"What’s been going on in the States is almost a bubble...The number of Spacs will decline, but the UK’s listing rule changes will put...…
UK based bank account payments provider raised £17m in Series A funding led by EQT Ventures.
“Instant payments are set to dominate the global payments landscape and will become the new normal. It’s an exciting time to be in...…
Check out Matt Miller, Portfolio Company Embroker CEO's interview with the Digital Insurance discussing the path to becoming a...
The fund, called FS NYDIG Institutional Bitcoin Fund LP, is the second product born from the formal partnership between the two companies...
With surging trading volumes and a rise in fraud and crypto-enabled ransom payments, the South African government is beginning to lay the...
The FBI's public announcement that they had seized much of the $4m ransom paid to the Colonial pipeline hackers highlights a broader...
US banking giant JPMorgan acquired UK wealth management app Nutmeg as it plans to enter the UK retail market -- an already crowded retail...
Reflecting a significant win for the London exchange and European tech in general, and a sign of potential deregulation to come, Wise...
San Francisco based debt capital funding and management platform raised $3m in seed financing led by Bain Capital Ventures.
“I was helping borrowers comply with the rules so they did not lose access to their funds...When I took a step back to see what was at...…
UK based next generation banking platform raised $187m in Series C funding led by Blackrock and CPPIB at a post-money valuation of $700m.
“With our microservices architecture and [application programming interface (API)]-first design, our platform has been purposefully...…
New York based digital bank targeting SMEs raised $40.7m in Series A financing led by Valar Ventures.
“The modern-day online small business owner expects a digital banking platform to offer more than a well-designed interface — they want a...…
Australia based next generation, digitally-enabled home insurer raised $11.3m in seed financing led by RACQ.
“I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not proactive. They...…
New York based universal shopping app raised $38m in Series A funding led by Renegade Partners.
“For the first time in history, shoppers have a seamless, universal, and private way of buying anything online...Everything we do at nate...…
Poland based financing provider to eCommerce merchants raised €12m in Series A funding led by Przelewy24.
“The past year has seen a surge in e-commerce businesses launching with more people shopping online than ever before. But this means the...…
San Francisco based crypto asset manager raised $70m in Series B funding led by Elad Gil and Electric Capital at a pre-money valuation of...
Portfolio company Reonomy's Richard Sarkis to be featured on Thursday, June 24 1pm EDT for a fireside chat with Stephanie Gilezan, Global...
The self-service tool is designed to let businesses deploy a verification flow fully hosted by Stripe as a means of reducing fraud,...
The US Office of the Comptroller of the Currency (OCC) has approved Adyen’s application to establish a Federal Foreign Branch in San...
A survey of 100 hedge fund CFOs globally, conducted by fund administrator Intertrust, found that executives expect to hold an average of...
The firm’s new checking account -- which comes with an annual percentage yield of 1.1% -- will target small enterprises across the U.S.,...
Credijusto, the leading technology-enabled lending platform in Mexico, announced the acquisition of Banco Finterra, a Mexico City-based...
DILA Capital Acquisition, a blank check company formed by DILA Capital targeting tech-enabled sectors in Latin America, raised $55...
The on-demand payment company DailyPay is working with PNC Bank and The Clearing House to offer real-time employee payments of earned...
California based small business platform raised $21m in Series B funding led by QED Investors at a pre-money valuation of $81m.
“That is why we launched the small business funding center. America’s comeback from the global pandemic will center around the business...…
San Francisco based digital retirement platform and tooling provider raised $200m in Series E funding led by General Atlantic at a post...
UK based consumer-to-business used car auction platform raised £48m in Series B funding led by Index Ventures.
“For half a century, inefficient offline processes have led to bad deals and a bad experience for both car sellers and car dealers....…
UK based AI-enabled damage appraisals tool raised $60m in Series D funding co-led by Insight Partners and Georgian at a pre-money...
San Francisco based embedded financial services provider raised $51m in Series B funding led by Accel.
"At Unit, our mission is to help companies launch new banking products that unlock value and expand financial access for all...We...…
India based payments tool for Gen Z raised $38m in Series A funding led by Sequoia Capital India and Elevation Capital.
[Teens make up the] “most tech-savvy generation, as they haven’t seen a world without the internet...They adapt to technology faster than...…
The ECB has long discussed an alternative scheme akin to Visa and Mastercard. Albeit, while regulated, the Mir network in Russia has...
California based wealth management technology platform raised $150m in Series F funding led by D1 Capital Partners at a $2b valuation.
Addepar currently tracks about $2.7 trillion of assets and has added an average $15 billion in assets a week since mid-2020. “This has...…
The president of El Salvador announced Wednesday that the country's state-run geothermal energy utility would begin using power derived...
Affirm takes a big step forward to expand the reach of its mission by making Shop Pay Installments, exclusively powered by Affirm,...
The company plans to use the resources obtained in the investment round to accelerate its growth in all the business lines in which it...
The Changsha, Hunan-based company is working with Goldman Sachs Group Inc. to prepare for the share sale, which could take place as soon...
The Senate on Tuesday approved a bipartisan, $250 billion bill boosting government spending on technology research and development amid...
Banking app Dave announced Monday that the company will make its market debut through a SPAC merger with VPC Impact Acquisition Holdings...
Portfolio company MoneyLion announced the appointments of The Honorable Annette Nazareth, senior counsel at Davis Polk & Wardwell,...
Portfolio company Embroker announces an expansion of its strategy, enabled by $100m in new venture capital financing.
“For Embroker to truly forge a new approach to business insurance, we need to reimagine and rebuild every part of the process,” Miller...…
On the heels of acquiring sales tax specialist TaxJar in April, today Stripe is making another big move in the area of tax.
The $95 billion payments behemoth is launching a new product called Stripe Tax, which will provide automatic, updated sales tax...…
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of...
UOB has become the first bank in Singapore to pilot the use of Sign with Singpass, the country's national digital identity framework, to...
Victory Capital Holdings has outlined plans to enter the cryptocurrency market through its wholly-owned investment adviser, Victory...
Mastercard today announced the launch of a new Start Path track dedicated to supporting traditionally underrepresented fintech founders...
Mexico digital payments and commerce platform raised $250m in Series D funding at a $2b valuation co-led by SoftBank and Viking Global...
Congrats to portfolio company Bottlepay on their crypto payments launch on the European continent. Users will be able to buy, store,...
Indonesia based accounting platform for SMEs raised $60m in Series A funding co-led by Valar Ventures and Goodwater Capital.
When asked how BukuWarung plans to continue differentiating from BukuKas, co-founder and CEO Abhinay Peddisetty told TechCrunch, “We...…
France based gateway for digital assets raised $380m in Series C funding at a $1.5b valuation led by 10T Holdings.
"This Series C announcement marks the transition of Ledger from the leading digital asset security company to becoming the secure gateway...…
Sweden based online payment platform raised $639m in new funding at a $45.6b valuation led by SoftBank Vision Fund 2.
“We report quarterly to national authorities and are a fully regulated bank so do all the things you expect to see from public companies...…
Ohio based home and auto insurance startup raised $50m in Series B funding led by Anthemis Group,
“The industry is structurally flawed and it harms consumers. Complicated policies, rising costs and marketing warfare all contribute to a...…
France based accounting platform for SMBs raised €15m in Series B funding led by Sequoia Capital.
“Pennylane is becoming the key financial management platform for SME’s in Europe,” Sequoia partner Luciana Lixandru said in a statement....…
California based digital underwriting platform for commercial real estate raised $15m in Series A funding led by Canapi Ventures.
“When we founded Blooma, we brought together some of the most talented technologists and lenders in the industry to create a solution...…
India based earned wage access startup raised $16m in Series A funding led by RTP Global.
“An employee should have the option to access their own earnings at any time,” he told TechCrunch in an interview. “When faced with a...…
Germany based trading app for Europe raised $180m in Series E funding at a $1.4b valuation led by Tencent.
“We see huge demand to invest money in the capital markets instead of leaving it in bank accounts. This comes against a backdrop of...…
New Jersey based certificate of insurance and compliance management software raised $5.8m in Series A funding led by IA Capital.
In Q1 of 2021, the company onboarded over 6,000 new agencies and brokers to the platform, which supports tens of thousands of corporate...…
California based payment platform for the construction industry raised $30m in Series B funding led by Tiger Global.
“I wanted to figure out how to bring the best of fintech into a construction industry that really guesses every month what the financial...…
San Francisco based spend management platform for SMBs raised $60m in Series B funding at a $600m valuation led by Menlo Ventures.
Airbase consolidates all the different spend apps which greatly decreases complexity in workflows as finance teams previously had to jump...…
Brazil based challenger bank raised $750m in Series G funding (total round is $1.15b) at a $30b valuation led by Berkshire Hathaway.
“The momentum we’re seeing in Mexico is terrific. Our Mexican credit card net promoter score (NPS) is 93, which is the highest we’ve had...…
Canada based online identity verification platform raised $394m in Series D funding at a $1.75b valuation led by TCV.
“Look for an app on your phone, and they are likely a customer,” Cohen said. “The reality today is that enterprises operate in a...…
San Francisco based car and home insurance startup raised $10m in Series A funding led by QED Investors.
“In the $250 billion U.S. market for car insurance, 75 percent of consumers shop online for car insurance, but only 20 percent buy their...…
Dubai based P2P payments startup raised $7.5m in seed funding co-led by Avenir Growth and Class 5 Global.
“The lines between wallets and banking have become really blurred. Every wallet has a banking partner, and people who use wallets use...…
Wealth in Uruguay has historically been tied to agriculture and meatpacking, but it took a fintech startup to create the country’s first...
“You can easily see why CPI was a poor measure of inflation during the pandemic recession." Spending on groceries increased 29% in March...
A good read on DeFi in the WSJ. Important, as assets deposited as collateral on DeFi platforms, have grown to more than $100 billion, of...
In the span of two years, what started as a curiosity has ballooned in size, ushering in a new model for technology investing in the...
It seeks to do so by by creating investment opportunities for Black, Latinx, LGBTQ+, women, and other traditionally marginalized...
Dubbed Shopify Angels by its participants, the chat has become a gathering spot for a new generation of investors connected through their...
Portfolio company Antler's My Home Pathway is addressing the fact that the homeownership rate for blacks is currently about 44% vs....
The raise comes just under six months after it raised $12.4 million in a seed round of funding. Alongside the Series A, Synctera is also...
Portfolio company Reonomy will be featured on 6/10 at 11AM PDT in a panel discussion with experts from @jpmorgan real estate banking,...
By leveraging Bambu's wealth management API, Vestwell and its partners will be able to offer personalized investment strategies to help...
Accelerating user and revenue growth with strong momentum across product suite. Total customers grew 80% to 1.8 million in the first...
Because of their smaller size and scale relative to banks, many credit unions find it hard to draw the attention of fintechs. A new...
Quito-based financial infrastructure provider raised $86m in Series B funding led by SoftBank and an undisclosed global growth equity firm.
“We never thought that we would return home [from the U.S.] and build a company that was more valuable in Ecuador than we had built in...…
A panel of appeals court judges on Thursday delivered a blow to efforts by state regulators to challenge the Office of the Comptroller of...
In a concession to Republicans, President Joe Biden proposed that instead of raising the corporate tax rate to pay for a bipartisan...
As Europe's proposed alternative to Visa and Mastercard takes shape, evidence from Russia suggests that an upstart rival can break the...
Customers who overdraw their accounts will no longer face a $25 penalty, the bank said Wednesday. The change applies to the roughly 3.6...
Britain said the world was relying on a gathering of some of the richest nations to agree reforms to outdated global tax rules, as...
The year-on-year leap in UN Food and Agriculture Organization’s monthly food price index was the largest since 2011 and signaled that...
According to a recent Mastercard study, 58% of consumers are more mindful of their impact on the environment, with 85% willing to take...
Standard Chartered is joining forces with BC Technology Group to build a digital asset brokerage and exchange platform for institutional...
Latin American financial institutions have become more open-minded about blockchain in recent years. Yet solid use cases are needed for...
New York based expense management platform for Latin America raised $26m in Series A funding led by Andreessen Horowitz.
“We’re building an all-in-one expense management platform for startups in LatAm and global markets — cash, corporate cards, cross-border...…
Washington, D.C. based auto loan refinancing platform raised $45m in Series B funding led by Goldman Sachs.
The startup developed an auto refinancing platform that handles the entire loan process, including finding the best rates, paying off the...…
New York based title and residential closing tech platform raised $60m in Series C funding led by Zigg Capital.
"Our work with our clients fundamentally changes the way partners and consumers experience real estate transactions," said Patrick Burns,...…
New York based payroll API has raised $20m in Series A funding led by Coatue.
“For us, it was really about picking one of those and using it as a wedge and then augmenting from there,” Lee said. “Direct-deposit...…
San Francisco based fintech-as-a-service platform for community banks raised $33m in Series A funding led by Fin VC.
Put simply, Synctera wants to make it easier for community banks and fintechs to partner with each other. It examines banks’ needs and...…
Brazil based identity verification platform raised $38m in Series C funding led by Endurance.
“Many of the identity validation and fraud problems faced in Brazil are seen in other Latin American countries as well,” Ando said....…
India based agriculture financing platform for rural India raised $30m in Series A funding led by Mirae Asset.
Arjun Ahluwalia, co-founder and chief executive of Jai Kisan, said financial services is crucial for these individuals as their entire...…
Mexico City open-finance API platform for Latin America raised $43m in Series A funding led by Future Positive, Kibo Ventures, and FJ Labs.
So while Belvo’s goals are “similar to the overarching goal[s] of Plaid,” co-founder and co-CEO Pablo Viguera told TechCrunch that Belvo...…
Maryland based personal finance management app raised $45m in Series D funding led by Accel.
“More than 10,000 members sign up for Truebill every day seeking to better understand and improve their finances,” co-founder and CEO...…
San Francisco based payments platform focused on Africa raised $100m in Series C funding led by SVB Capital.
As for products, the company seems to be planning other products in addition to the crypto platform it launched in 2020. “We’re also...…
UK based pet insurance provider raised $350m in Series D funding at a $2b valuation led by EQT Growth.
“Bought By Many’s digital-first approach is unrivaled in pet insurance, a market that is large and underpenetrated in most European...…
Berlin based personal digital insurance platform raised $650m in Series C funding at a $3b valuation led by Target Global.
Wefox believes it can now iterate and generate more and more revenue as it scales — it just needs capital to reach the next level. “We’re...…
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