Lori Hardwick to lead Vestwell board
Portfolio company Vestwell is making two changes to its oversight, naming board member Lori Hardwick as chairman of the board and adding...
Portfolio company Vestwell is making two changes to its oversight, naming board member Lori Hardwick as chairman of the board and adding...
In a joint statement issued by both companies, the partnership seeks to create a seamless payment ecosystem by aggregating and...
Under the plan, a selection of TikTok’s most popular viral videos will be auctioned to users in the form of NFTs. Fans will then be able...
Seeking to do things a bit differently, in 2014, Wise (fka TransferWise) organized a flashmob as part of the 'Nothing2Hide' campaign,...
You might not expect an insurance company to urge you to be reckless, but that is the message from Scandinavian insurer Hedvig, which...
Pakistan based buy-now-pay-later company raised $15m in Seed funding led by MSA Capital.
“Over 60% of Pakistan’s population is under the age of 30, which means that the majority of the country is adopting new technologies,” he...…
New York based financial research and market intelligence platform raised $180 million in Series C funding led by Viking Global...
New York based identity operating system for the financial sector raised $100m in Series C funding led by Lightspeed Venture Partners.
“It’s really hard for fintech companies and banks to deploy products that are both safe for them, meaning they won’t take on a bunch of...…
Mexico based small business lender raised $110m in Series E funding led by Tarsadia Capital and QED Investors.
Konfio joins only a handful of startups in Mexico that have reached the still rare unicorn status, such as used-car seller Kavak,...…
Chicago based digital assets infrastructure startup raised $35m in Series C funding led by Point72 Ventures.
"In our view, every financial services firm will offer cryptocurrencies in some form within the next 12 to 18 months," Edward Woodford,...…
Jersey City based provider of insurance and credit products to gig workers raised $60m in Series B funding led by Volery Capital Partners.
“This new raise helps validate Buckle’s positive momentum across its insurance programs and reinforces our belief in the opportunity for...…
New York based investment and savings app raised $60m in Series F funding led by Treasury.
“The fundraising is coming off of a year where we’re delivering incredible momentum,” Levy said.
Crypto treasury management platform MultiSafe has rebranded to Coinshift and announced it has raised $2.5m in a seed funding round....
It is a sharp turnaround from last year, when the economy spiraled and many regional and community banks put merger plans on the shelf....
San Francisco based virtual payment card enablement startup raised $54m in Seed and Series A funding led by Oak HC/FT.
“There is an incredible opportunity today to design a platform built for purpose, to fill the need for embedded finance, and to allow...…
Palo Alto based provider of stock options funding solutions raised $55m in Series B funding led by Group 11.
“The average employee needs $140,000 in cash to exercise fully,” Barzilai said. In total he estimates that there is up to $60 billion...…
Sweden based neo-insurer raised $45m in Series B funding led by Anthemis.
“One of the reasons we transitioned into a full-stack carrier was to enable us to serve our members as they progress through life,” said...…
Virginia based fintech-as-a-service startup raised $11.4m in Series A funding led by Alpha Edison and Morpheus Ventures.
In an interview with senior leadership, Rize told TechCrunch that it has built a compliance management system into its product, likening...…
San Francisco based fintech company for small businesses raised $34m in Seed and Series A funding led by Ribbit Capital and Thrive Capital.
“It was so obvious that small businesses are struggling,” Mr. Furman said. Parafin also plans to expand to offer other financial products...…
San Francisco based property tech startup in Europe, the Middle East and Africa, raised $20m in Series A funding led by 01 Advisors.
“Nomad Homes has built an incredible platform that is shaping the future of real estate across EMEA,” said Dick Costolo, managing partner...…
Affirm is planning to debut a debit card and allow customers to buy and sell crypto directly from savings accounts they have with the...
Investor withdrawals were minimal early in the year as SPAC shares soared, but have risen with many blank-check companies trading below...
A video posted by a real estate agent in Las Vegas — claiming a company was pulling off a convoluted scheme to manipulate housing prices...
Omaha based insurtech focused on workers’ comp for SMBs raised $45m in Series B funding led by Accomplice.
“We see an unmet need in workers’ compensation for a company that employs advanced technology to achieve better claim outcomes and...…
France based banking-as-a-service platform raised €16m in Series A funding led by Accel.
“Our ambition for this funding round is to provide banking features with local flavor, specialized for a multitude of local EU markets:...…
San Francisco based cybersecurity insurance provider raised $205m in Series E funding led by Durable Capital, T. Rowe Price and Whale...
India based BNPL startup raised $50m in new funding led by Lightrock India.
“Our customer base has more than quadrupled in the last 12 months, and our collection efficiency was still more than 95% during this...…
South Africa based Pan-African cryptocurrency exchange raised $15m in Series A funding led by Valar Ventures, Third Prime and Castle...
Bitcoin miners, under fire for their sizable environmental footprint, are forging partnerships with owners of struggling nuclear-power...
Wall Street is about to get a new investment bank, one that very deliberately shatters the glass ceiling. The firm, Independence Point...
Beginning this fall, customers will be able to deposit as much – or as little – of their paycheck as they like. Account-holders can opt...
New York based embedded insurance company raised AUD $100M AUD in Series C funding led by Sompo Holdings.
“With 70% of customers wanting embedded insurance integrated into their online experiences, our XCover distribution platform is helping...…
This lockdown side project is beating many professional traders and funds with a career performance of 19.41%. Say hello to the...
Singapore based neobank raised $58m in Series B funding from investors including DST Global, CE Innovation Fund, B Capital Partners and...
Pakistan based fintech company focused on financial inclusion for women raised $3m in Seed funding led by Zayn Capital and Wavemaker...
Thailand based e-wallet fintech company raised $150m in Series C funding led by Charoen Pokphand Group.
“The growth in e-payment suggests changing consumers’ spending habits as Southeast Asia moves toward a digital economy and a cashless...…
Sebastian Siemiatkowski, CEO of the buy-now-pay-later company Klarna has built quite the pad... The WSJ takes a tour here.
Instant gratification is not something financial regulators are inclined to applaud, however, and some of them look sideways at the very...…
Atlantico reveals the 2021 edition of its Digital Transformation Report. It dedicates 200 slides of data-rich analysis, primary research,...
During Q2 Affirm funded about a third of its $4.7 billion buy-now-pay-later loan portfolio with cash from securitization deals. The...
The technology known as robotic process automation, or software bots became a critical tool during Covid-19 lockdowns and office closures...
Kunder and its four companies (Nesto, Racional, ProSueños, and HeyPay!) and Brazilian startup Xerpay will merge with Betterfly after the...
Some brokerage customers aren’t happy that Robinhood and its rivals sell their orders. Even if regulators ban that practice, there are...
San Francisco based real estate investing brokerage raised $9.3m in Seed funding led by Global Founders Capital.
“Once an investor is ready to move further, they can use our platform to communicate with an advisor and place offers,” Ganeshram said.
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced that it has raised a massive...
JPMorgan Chase is deploying a new, cloud-based core system for its retail bank using software developed by Thought Machine, the two...
A loophole in the law that prescribes the types of coins that can legally be minted in the US theoretically allows the Treasury...
Crypto-related transactions will be considered illicit financial activity, including services provided by off-shore exchanges, the...
Dee Choubey shares his thoughts as MoneyLion begins a new chapter as a publicly listed company -- writing that "When we started MoneyLion...
Twitter will now allow people to tip their favorite content creators with bitcoin and will also launch a fund to pay some users who host...
London based payments platform raised $15.5m in Seed funding from investors including Hearst Ventures, Entrée Capital, Triplepoint,...
The officials characterized the actions being ordered as “getting ready for the possible storm,” saying that local-level government...
Congratulations to portfolio company Ocrolus on the announcement of their Series C funding round! Fin VC led the financing, which values...
Singapore based DeFi-as-a-service startup raised $40m in Series B funding led by DST Global, A&T Capital and IMO Ventures.
"In the past, we’d witnessed crypto applications evolve from Bitcoin to DeFi and now NFTs. In due time, I even foresee metaverses will be...…
Singapore based BNPL startup raised $400m in Series D funding led by SoftBank.
"The new financing will also accelerate the digital transformation of enterprises and merchants, big and small, while enabling more...…
Japan based blockchain project with social tools such as profiles raised $200m in funding from investors including a16z, Coinbase...
Huabei will only allow users who authorize sharing their credit info with PBOC to use its service. The central bank’s database will...
In the past, when countries have, like Afghanistan, tumbled into chaos and conflict, wealthier people have either relied on paper money...
Canada based company behind NBA Top Shot and the Flow blockchain raised $250m in Series D funding led by Coatue.
“We think Dapper Labs is a leader in the space at the infrastructure level with the Flow blockchain and at the application layer with NBA...…
Congratulations to portfolio company Extend on the announcement of their partnership with Amex, which will expand virtual Card solutions...
Pakistan based employee banking services startup raised $12m in Seed funding from Liberty City Ventures, Canaan Partners, Addition,...
Singapore based cloud payments software startup raised $34m in Series A funding led by Insight Partners.
"Finance and accounts payables in particular have always been thought of as back-office functions that don't deserve any attention - we...…
India based BNPL startup raised $50m in Series C funding led by Zip.
“This is a deep validation of our position as market leader in the Buy Now Pay Later category in India. The shift towards Pay Later...…
Atlanta based restaurant payment app raised $100m in Series A funding led by Coatue.
“Digital payment solutions are enhancing the customer experience across the board,” said Philippe Laffont, Founder of Coatue. “We believe...…
Frank is an online portal with tools that help students apply for and negotiate financial aid, enroll in online courses and find...
Greenwich based crypto-fund management startup raised $41m in Series A funding from investors including Coinbase Ventures, Goldman Sachs,...
Los Angeles based provider of blockchain staking infrastructure raised $155m in Series B funding led by SoftBank Vision Fund 2.
“This latest large infusion of capital will ensure that we continue to revitalize existing financial infrastructure,” said Blockdaemon...…
London based bitcoin mining company raised $431m in growth funding led by Paradigm.
While shares of retail brokerages such as Robinhood have been under pressure, they have hardly collapsed. In part, that is because...
Toast’s IPO comes after a roller-coaster stretch in the pandemic during which revenue initially sank by 80% as restaurants closed and...
These changes shift PayPal from being largely a payments utility that’s tacked on other offerings here and there, to being a more fully...
In today’s frenetic housing market, buyers who take out mortgages are struggling to compete with those putting up all cash. Cash offers...
Cambridge based operational intelligence startup for blockchain raised $14m in Series A funding led by Neotribe Ventures.
“As distributed ledgers grow in popularity, operational performance management tools will serve as the critical infrastructure required...…
While it’s already possible for Robinhood customers to buy and sell popular cryptocurrencies such as Bitcoin, Ethereum and Dogecoin, this...
The largest US cryptocurrency exchange said in a statement that it had made a “difficult decision” to shelve its plans to offer the Lend...
London based API platform for open banking raised $130m in new funding led by Tiger Global.
“TrueLayer is carving a new world of payments altogether, which can deliver a fundamentally faster, safer and more user-friendly...…
France based fantasy soccer platform whose "cards" are NFTs registered on the Ethereum blockchain raised $680m in Series B funding led by...
Australia based businesses banking provider raised $100 million in Series E funding led by Lone Pine Capital.
“We found that making payments as a small business was slow and expensive,” he said, since it involved banks in different countries and...…
India based neobank for SMEs raised $31m in Series B funding led by Sequoia Capital India and Think Investments.
“SME-focussed neobanks are building engagement with business- clients through their ability to provide solutions like automated...…
New York based provider of short-term furnished apartment rentals raised $140m in new funding led by WestCap Group.
“Blueground is uniquely positioned to address the growing need for flexibility in real estate as companies continue to delay...…
The teens and 20-somethings who steer online conversation — about life hacks, beauty products, Hollywood blockbusters, you name it — are...
Brooklyn based blockchain focused on speed and low transaction costs raised $230m in new funding led by Polychain and Three Arrows Capital.
Avalanche and its underlying token AVAX is currently the 14th cryptocurrency by total market capitalization according to CoinMarketCap....…
Oakland based real estate investing platform raised $57.3m in growth funding led by QED Investors.
“Plus it provides total visibility and transparency for our owners around the health of their investments,” he said “Unlike other...…
Latin American e-commerce company MercadoLibre Inc and venture capital fund Kaszek on Monday announced the creation of a special-purpose...
The company will begin beta testing the product with some of its existing customers at select merchants later this year, CEO Richard...
London based platform payment technology provider raised $160m in Series C funding led by Goldman Sachs Asset Management.
Michael Mueller, chief executive officer at Form3 comments: “More and more financial institutions (FI’s) are placing mission critical...…
GreenSky operates a platform that facilitates loans for big-ticket items, enabling brands to offer installment loans to customers at the...
The move will help more than 62 million Spanish speakers in the U.S. Equifax is the first credit reporting firm to offer the service.
“We recognize there is a clear demand for broader availability of information in Spanish, and we created this Spanish-language report to...…
The Japanese investment conglomerate announced the launch of the SoftBank Latin America Fund II, its second dedicated private investment...
Sanoke Viswanathan, head of JPMorgan’s newly formed “international consumer” division, said the biggest bank in the US would invest...
Africa’s leading payments technology company, Flutterwave, one of TIME's 2021 100 Most Influential Companies, has partnered with...
The latest survey found younger consumers were more likely to miss payments. More than half of Gen Z or millennial respondents-- those...
Installment plans are back in style. One reason: shoppers who don’t qualify for credit cards. Buy-now-pay-later companies say they rely...
Austin based startup that helps consumers establish and build credit history raised $50m in Series E funding led by Altos Ventures.
“Credit score is used for a lot of things, and in many states it’s an important factor in determining the cost of auto insurance,” he...…
London based reg-tech startup focused on digital currencies raised $8m in Series A funding led by SIX Fintech Ventures.
“The Series A unlocks Coinfirm’s potential in the crypto compliance and analytics space as we expand in a fast-paced growth market. I am...…
Palo Alto based insurance payments platform raised $5.5m in Seed funding led by First Round Capital.
“Insurance carriers continue to focus on annual payments because they don’t have a choice,” he added. “They want all of their money up...…
Robinhood will give students who sign up for brokerage accounts using their school email address $15 to trade, and enter them into a...
Mountain View based crypto wallet raised $55m in Series C funding led by Ignia and Blockchain Capital.
Abra plans to use its latest funding to develop new offerings in wealth management, trading and payments for its high-net-worth and...…
San Francisco based credit card for first-time borrowers raised $10m in Series A funding led by Kapor Capital and KB Investment.
“In the beginning, we thought international students and immigrants would be most interested in our product,” she told TechCrunch. “But...…
Search engine giant Google will not be refused a leadership position in powering the next generation of the world wide web, supercharged...
Based in New York and Tel Aviv, Pagaya operates an artificial-intelligence network to make financial transactions like lending more...
Gensler is a traditionalist in the sense that he believes the laws currently governing the market, which date back to the Great...
The project to link India’s Unified Payments Interface (UPI) and Singapore’s PayNow is targeted for operationalization by July 2022, both...
Goldman will pay roughly $12 a share in stock for GreenSky, which arranges loans for big one-time purchases like construction projects or...
Australia based blockchain scalability protocol for non-fungible tokens on Ethereum raised $60m in Series B funding led by BITKRAFT...
Oakland based loan serving SaaS raised $20m in Series A funding led by Canapi Ventures.
“I have seen firsthand the challenges that emerging lenders have commonly faced, and legacy platforms continue to fall short in a few...…
Washington, D.C. based provider of financial intelligence and supply chain risk software raised $40m in Series C funding led by Centana...
Indonesia based payments infrastructure startup focused on Southeast Asia raised $150m in Series C funding led by Tiger Global.
Xendit decided to raise again because to fuel expansion into other countries, Wijaya told TechCrunch. “Our core focus at the moment for...…
New York based homeownership platform raised $150m in Series C funding led by Greenspring Associates.
"We are thankful to our investor group for their confidence and support in our mission to make homeownership achievable," Shaival Shah,...…
New York based B2B payments platform for small businesses raised $250m in new funding led by Thrive Capital and General Catalyst.
Melio said it planned to use the funds to expand its partnerships with financial institutions, software providers and marketplaces.
Capital One is rolling this out as competition for consumer loans builds from financial technology firms providing merchants with easy...
San Francisco based company for second home ownership raised $125m in Series C funding led by Softbank Vision Fund 2.
“Spain is a market where a lot of people in Europe aspire to own second homes,” Allison said. “There’s a very diverse base of people that...…
New York based global people management platform for the remote work era raised $250m in Series D funding led by Insight Partners.
“2021 is a breakthrough year for Papaya,” said Papaya Global Co-founder and CEO Eynat Guez. “We set a new standard for global payroll...…
San Francisco based payments company focused on SMBs raised $300m in Series E funding led by a16z.
“SMEs are going to benefit from the scalable tech that can grow with them, including things like kiosks and offline modes, and for the...…
It is not the first time Coinbase has tapped debt markets to raise cash, having borrowed more than $1.4b through a convertible note...
TransUnion expects Neustar’s OneID platform to help unify the digital identity capability TransUnion has built and acquired in recent...
People use crypto-backed loans for the same reason they borrow against their stock portfolios: to reap the benefits of rising prices...
MoneyLion CEO Dee Choubey called the initial development "the beginning of the education process" for its consumers during the "early...
By buying up outstanding invoices, the Facebook Invoice Fast Track program puts money in the hands of small businesses that would have...
Indonesia based investment and savings app raised $35m in Series B funding led by Square Peg.
“We have been fortunate to double down on Pluang in every funding round making it one of our core portfolio holdings. We continue to be...…
Stockholm based payments platform for recurring billing raised $45m in new funding from Partec.
“We are excited to partner with Jonas and the team at Billogram.” says Omri Benayoun, General Partner at Partech, in a statement. “Having...…
Chinese regulators have already ordered Ant to separate from its main business the company’s two lending units — Huabei, which is similar...
Mastercard has agreed to buy blockchain analytics company CipherTrace, which sells cryptocurrency anti-money laundering services, as the...
A great long read from the FT on Joseph “Joe” Lubin, a Canadian programmer in his mid-fifties and founder of the Brooklyn-based financial...
Fntech startups have targets on their backs. Big banks and payment processing companies, propelled by the jump in online commerce during...
The so-called play-to-earn game Axie Infinity has seen its total number of daily active users increase by over 233% since the end of...
Axie Infinity is among the biggest—and most polarizing—of these new games, which allow players to accumulate tradeable crypto coins. To...
With Axie Infinity paving the way, Anil Lulla, COO at Delphi Digital; Yan Liberman, managing partner at Delphi Digital; Jeffrey Zirlin,...
Seven months after Nigerian banks were barred from enabling cryptocurrency transactions, bitcoin remains an actively traded asset in the...
ICICI Bank announced that it has enabled millions of its savings account customers to pay and manage dues of credit cards of any bank...
San Francisco based business insurance startup raised $90m in Series C funding led by Redpoint Ventures, SVB Capital and Ribbit Capital.
“It’s our responsibility to meet startup founders where they are, and give startups flexibility as they navigate changing laws,...…
Square, SoFi Stadium and Hollywood Park will be working on “seamless commerce” as the entertainment and sports industries evolve...
The deal comes as America’s largest bank looks to win a greater share of the payments consumers make while dining out. The US bank said...
Milan based BNPL startup raised $155m in Series A funding led by Tiger Global.
San Francisco based mobile banking startup raised $510m in Series E funding led by Lone Pine Capital.
DeFiChain will offer tokenized stocks corresponding to the underlying price of listed companies such as Apple Inc., Tesla Inc.,...
In recent years, Africa has witnessed an explosion in mobile penetration as smartphone adoption has risen rapidly. Through this...
Mastercard continues to strengthen its digital asset capabilities, buying cryptocurrency intelligence outfit CipherTrace. Financial terms...
Marqeta, the global card issuing platform, has announced its partnership in Australia with leading player in the digital retail finance...
Fintech Bitso, a cryptocurrency platform, said it will be the core service provider for Chivo, the bitcoin digital wallet launched in El...
New York based home buying and selling platform raised $100m in Series D funding led by Accomplice.
"We're proud to have built a business that gives the consumer unparallelled convenience, certainty, and control when buying a home." said...…
California based provider of financial products for gig workers raised $4.5m in Seed funding led by Inspired Capital.
“Seventy percent of independent workers live paycheck to paycheck and 30% are inadequately insured,” he said. “Independent workers will...…
London based provider of loans for individuals with poor credit raised $50m in new funding led by Force Over Mass.
Thomas Olszewski, Koyo’s founder and a former VC with Frontline Ventures in London and Cavalry Ventures in Berlin, said in a statement: ...…
After launching it in Go stores and then bringing it to larger Freshsupermarkets, Amazon’s cashierless “Just Walk Out” tech will soon...
Egypt based microfinance lending and payments service raised $120m in new funding from investors including Apis Growth Fund II,...
New York City based maker of a network focused on protecting Ethereum traders raised $17.4m in Seed funding led by Multicoin Capital.
Sheridan said users who stake EDEN tokens get priority in Eden blocks with protection from MEV, improved trade privacy, and better price...…
Companies world-wide embarked on an unprecedented deal spree this year, emerging from the depths of the pandemic looking to bulk up and...
Coinbase was warned by the Securities and Exchange Commission against launching a product that would allow consumers to earn interest on...
Los Angeles based financial wellness as-a-benefit startup raised $5.7m in Series A funding led by FFVC.
“My credit was negatively impacted to the point where I found myself unable to get access to any affordable credit,” she recalls. “I wish...…
New York based renter payment platform raised $23m in new funding led by Citi and Flourish Ventures.
“Around 50% of the average renter’s paycheck is going to rent. So this is the largest expense of any renter, on a given month,” he said....…
Bogota and São Paulo based BNPL startup raised $75m in Series B extension funding led by Greycroft.
“We lost 99% of our GMV in 20 days when the pandemic hit. We had to make some painful decisions, including letting go of many of our...…
UK based car insurance startup raised $85m in Series B funding led by Passion Capital.
“We started with the idea of the power of data and using a wider range of resources [than incumbents], and using that in our pricing led...…
In advanced economies, cryptocurrencies are viewed by many in the financial world with suspicion — the domain of zealous “crypto bros”...
Under the partnership, the MVB FinTech clients will be able to offer bitcoin and other related products, powered by NYDIG's full-stack...
The AIFINTECH100 is an annual list of 100 of the world’s most innovative AI solution providers for financial services selected by a panel...
U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7b largely cash deal,...
BlackRock is embracing blockchain technology to make it easier to handle complex equity derivatives. The world’s largest money manager...
New York City based commercial insurance startup raised $14m in Series A funding led by Inspired Capital.
Co-Founder and CEO, Paul Monasterio said: “InsureTech has seen a massive evolution over the past decade, but commercial insurance—which...…
France based provider of smart corporate card and expense report management solutions raised €20m in Series B funding led by BlackFin...
Munich based in-car digital payments provider raised €10m in new funding led by BP Ventures.
“In-car digital payments are an integral part of the seamless and convenient experience that customers increasingly expect at our retail...…
New York based developer of "Bitcoin-powered payment rails" raised $11.5m in Series A funding led by Lakestar.
“Blockchain changes what is possible with a game,” said Ben Cousens, principal at Lakestar, in an email to GamesBeat. “Players now seek...…
Senegal based mobile money provider raised $200m in Series A funding from Sequoia Heritage, Founders Fund, Stripe, Ribbit Capital,...
With increased demand and attention driving up the prices of high-profile NFT collections, prices are also on the rise for Ether, Solana...
President Nayib Bukele, who has pushed for adopting the cryptocurrency, says it will help Salvadorans save about $400m the government...
Congratulations to MoneyLion on this exciting news - Fusion intends to file its definitive proxy statement/prospectus relating to the...
Bangkok based auto and travel insuretech startup raised $45m in Series B funding from Tencent, SCB 10X, Vertex Growth, Vertex Ventures...
New York based expense management platform for startups raised $57m in Series B funding led by CRV.
“We’re building an all-in-one expense management platform for startups in LatAm and global markets — cash, corporate cards, cross-border...…